Dollar General to shutter around 100 stores by early 2025
Dollar General has recently made headlines with its announcement to close nearly 100 stores in the early months of 2025. Following the footsteps of retail giants like Macy’s and Kohl’s, Dollar General is set to shutter 96 Dollar General stores and 45 Popshelf stores in the first quarter of 2025. Additionally, six Popshelf stores will be converted into Dollar General stores as part of the restructuring strategy.
In a bid to strengthen the foundation of their business, Dollar General’s Chief Executive Officer, Todd Vasos, emphasized the necessity of these closures in alignment with the company’s ongoing efforts to enhance operational efficiency. Despite accounting for less than one percent of their total store base, these closures are seen as a strategic move to better serve their customers and communities.
With over 20,000 stores spread across 48 states under various banners like Dollar General, DG Market, DGX, and Popshelf, Dollar General has become a prominent name in the retail industry. The inclusion of Popshelf stores in their portfolio represented a shift towards a new retail concept that focused on providing customers with an enjoyable shopping experience, particularly in seasonal and home decor, cleaning supplies, and party goods.
Popshelf, launched in October 2020, quickly gained popularity among customers leading to Dollar General’s announcement of plans to open approximately 1,000 Popshelf stores by the end of the 2025 fiscal year. Despite the planned closures accounting for 45 stores, Popshelf will still maintain around 175 stores post-closures. Interestingly, there are currently no Popshelf locations in New York, further highlighting the strategic distribution of their stores across states.
Details about the specific locations of the Dollar General and Popshelf stores slated for closure in early 2025 have not been disclosed at this time. However, this move reflects a broader trend in the retail industry as companies adapt to changing consumer behaviors, market dynamics, and operational needs. Dollar General’s decision to restructure its store presence underscores the continuous evolution and strategic realignment amidst a competitive retail landscape.
As Dollar General navigates these changes, the retail sector continues to witness shifts in consumer preferences, shopping patterns, and market demands. The closures of these stores mark a strategic initiative by Dollar General to optimize its operational efficiency, enhance customer service, and streamline its store portfolio. With a strong focus on serving its customers and communities, Dollar General remains committed to adapting and evolving in response to the evolving retail landscape.
