DG is opening up to 50 pOpshelf stores by year-end and plans to incorporate this concept inside up to 25 Dollar General stores in 2021.
Dollar General Corporation (DG) said it expects to open 1,050 new stores in 2021, including two new store formats. The discount retailer also announced the retirement of Mike Kindy, EVP of global supply chain, and his replacement.
DG said it will accelerate the rollout of its pOpshelf store concept, as well as build on the success of its Dollar General Plus Store (DGP) and introduce two new store formats, which it began testing in 2020.
Similar to its larger footprint DGP concept, the first new format store has selling space of approximately 8,500 square feet, which compares to about 7,300 square feet in a traditional store.
“Beginning later this year, this new format along with our DGP concept will become our base prototype for nearly all new stores, replacing both our traditional and higher, cooler count DGTP format, allowing for a more optimized assortment and room to accommodate future growth,” said CEO Todd Vasos.
The second new format DG is rolling out will be even larger at approximately 9,500 square selling feet, and will be deployed “opportunistically” across new store relocation and remodel opportunities.
For 2021, DG plans to remodel 1,750 stores and relocate 100 stores, representing 2,900 real estate projects in total (including the 1,050 new stores). The retailer also plans to add produce in approximately 700 stores, bringing the total number of stores that carry produce to more than 1,800. Capital spending is expected to be in the range of $1.05-$1.15 billion.