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Dollar General announced its plans to close 96 of its stores and 45 Popshelf stores nationwide during the first quarter of 2025 in an earnings report shared earlier this month.
The company touted "the underlying performance of the business in the fourth quarter, including improved execution and solid top-line results," but also acknowledged that it "initiated a store portfolio "optimization review of its Dollar General and pOpshelf bannered stores, which involved identifying stores for closure or re-bannering based on an evaluation of individual store performance, expected future performance, and operating conditions, among other factors." The company confirmed the closings, as well as plans to convert six Popshelf stores into Dollar General stores, all of which will take place in the first quarter of the 2025 fiscal year.
“As we look to build on the substantial progress we made on our Back to Basics work in fiscal 2024, we believe this review was appropriate to further strengthen the foundation of our business,” said Todd Vasos, Dollar General’s chief executive officer. “While the number of closings represents less than one percent of our overall store base, we believe this decision better positions us to serve our customers and communities.”
The company is reported to operate more than 20,000 Dollar General, DG Market, DGX and Popshelf store in 48 U.S. states, according to its website.