Dive Into The Ownership History Of Dollar General: Its Parent Company Revealed

Letha Schultz 10 May 2025

Dollar General is an American chain of variety stores that sells a wide variety of merchandise, including food, cleaning supplies, health and beauty products, clothing, and home dcor. The company was founded in 1939 by Cal Turner Sr. and is headquartered in Goodlettsville, Tennessee. Dollar General has over 17,000 stores in 46 states and employs over 140,000 people.

Dollar General is a publicly traded company and its stock is listed on the New York Stock Exchange. The company's major shareholders include Berkshire Hathaway, Vanguard Group, and BlackRock.

Dollar General has been criticized for its low wages and poor working conditions. The company has also been accused of price gouging during natural disasters. However, Dollar General remains a popular shopping destination for many people, particularly in rural areas.

Name	Title	Years Active
Cal Turner Sr.	Founder	1939-1990
Cal Turner Jr.	CEO	1990-2002
Rick Dreiling	CEO	2002-2015
Todd Vasos	CEO	2015-present

Dollar General is a major player in the retail industry and its success is due in part to its low prices and convenient locations. The company has been able to weather economic downturns and has continued to grow in recent years.

What Company Owns Dollar General?

Dollar General is a major American chain of variety stores, with over 17,000 locations in 46 states. The company was founded in 1939 and is headquartered in Goodlettsville, Tennessee. Dollar General is a publicly traded company, and its stock is listed on the New York Stock Exchange.

Founder: Cal Turner Sr.
Headquarters: Goodlettsville, Tennessee
Number of stores: 17,000+
Number of states: 46
Publicly traded: Yes
Stock exchange: New York Stock Exchange

Dollar General is a major player in the retail industry, and its success is due in part to its low prices and convenient locations. The company has been able to weather economic downturns and has continued to grow in recent years.

1. Founder

Cal Turner Sr. was the founder of Dollar General. He opened the first store in Scottsville, Kentucky in 1939. The company has since grown to over 17,000 stores in 46 states. Turner was a pioneer in the discount retail industry and his company has been a major player in the industry for over 80 years.

Early life and career: Cal Turner Sr. was born in 1915 in Scottsville, Kentucky. He started working in the retail industry at a young age and opened his first store at the age of 24.
Grndung von Dollar General: Turner opened the first Dollar General store in 1939. The store was an instant success and Turner quickly expanded the company to other locations. Dollar General became a major player in the discount retail industry and Turner became a wealthy man.
Philanthropy: Turner was a generous philanthropist and donated millions of dollars to various charities. He was also a major supporter of education and founded the Turner Family Foundation, which provides scholarships to students.
Vermchtnis: Turner died in 2001 at the age of 86. He left behind a legacy of success in business and philanthropy. Dollar General continues to be a major player in the retail industry and is one of the largest employers in the United States.

Cal Turner Sr. was a visionary entrepreneur who founded one of the most successful retail companies in the United States. His company has provided affordable goods to millions of Americans for over 80 years.

2. Headquarters

The headquarters of Dollar General is located in Goodlettsville, Tennessee. This is a significant fact for several reasons.

First, the location of the headquarters in Goodlettsville gives Dollar General a central location in the United States. This allows the company to easily distribute its products to its stores throughout the country. Second, Goodlettsville is a relatively small town, which gives Dollar General a lower cost of living than if it were headquartered in a larger city. This savings can be passed on to consumers in the form of lower prices.

Third, Goodlettsville is home to a number of colleges and universities. This gives Dollar General access to a pool of talented workers. The company has been able to attract and retain a number of, which has helped it to grow and succeed.

The headquarters of Dollar General in Goodlettsville, Tennessee is a key factor in the company's success. The central location, low cost of living, and access to talent have all contributed to Dollar General's growth and profitability.

3. Number of stores

The number of stores that a company owns is a key indicator of its size and success. In the case of Dollar General, the company's large number of stores is a major competitive advantage.

Market reach: With over 17,000 stores, Dollar General has a vast market reach. This allows the company to serve a large number of customers and to generate significant sales volume.
Brand recognition: The large number of Dollar General stores has helped to create strong brand recognition for the company. This makes it easier for the company to attract new customers and to retain existing customers.
Economies of scale: The large number of stores that Dollar General owns allows the company to achieve economies of scale. This means that the company can purchase goods and services at a lower cost than its competitors. This savings can be passed on to consumers in the form of lower prices.
Operational efficiency: The large number of stores that Dollar General owns allows the company to operate more efficiently. This is because the company can spread its fixed costs over a larger number of stores. This results in lower operating costs and higher profitability.

The large number of stores that Dollar General owns is a major factor in the company's success. The company's vast market reach, strong brand recognition, economies of scale, and operational efficiency all contribute to its profitability and long-term viability.

4. Number of states

Dollar General is a major American chain of variety stores with over 17,000 locations in 46 states. The company's vast geographic reach is a key factor in its success.

Market penetration: Dollar General's presence in 46 states gives it a wide market reach and allows it to serve a large number of customers. This is a major competitive advantage, as it allows the company to generate significant sales volume and build strong brand recognition.
Economies of scale: Operating in 46 states allows Dollar General to achieve economies of scale. This means that the company can purchase goods and services at a lower cost than its competitors. These savings can be passed on to consumers in the form of lower prices.
Operational efficiency: Dollar General's large geographic footprint allows it to operate more efficiently. This is because the company can spread its fixed costs over a larger number of stores. This results in lower operating costs and higher profitability.
Adaptability to local markets: Dollar General is able to adapt its product mix and marketing strategies to meet the needs of local markets. This is important because consumer preferences can vary significantly from state to state. Dollar General's ability to adapt to local markets gives it a competitive advantage over national retailers that may not be as responsive to local needs.

Dollar General's presence in 46 states is a major factor in its success. The company's vast geographic reach gives it a wide market reach, allows it to achieve economies of scale, and operate more efficiently. Additionally, Dollar General's ability to adapt to local markets gives it a competitive advantage over national retailers.

5. Publicly traded

Dollar General is a publicly traded company, which means that its stock is available for purchase by the general public. This is significant because it gives investors the opportunity to own a piece of the company and share in its profits.

Ownership: When a company is publicly traded, it means that it is owned by its shareholders. Shareholders have the right to vote on company matters, such as the election of directors and the approval of financial statements. They also have the right to receive dividends, which are payments made by the company out of its profits.
Access to capital: Publicly traded companies have access to capital from a variety of sources, including the sale of stock and bonds. This capital can be used to fund growth, expansion, and other business activities.
Transparency: Publicly traded companies are required to disclose a significant amount of financial and other information to the public. This transparency helps investors to make informed decisions about whether or not to invest in the company.
Liquidity: Publicly traded stocks are typically very liquid, which means that they can be easily bought and sold. This liquidity makes it easy for investors to enter and exit positions in the company.

The fact that Dollar General is publicly traded is a major factor in its success. It gives the company access to capital, transparency, and liquidity. These factors have helped Dollar General to grow and expand, and to become one of the leading retailers in the United States.

6. Stock exchange

The fact that Dollar General is listed on the New York Stock Exchange (NYSE) is a significant factor in its success. The NYSE is the world's largest stock exchange, and it provides Dollar General with access to a large pool of investors.

Being listed on the NYSE gives Dollar General several advantages. First, it provides the company with a high level of visibility and credibility. This makes it easier for Dollar General to attract new investors and to raise capital. Second, the NYSE provides Dollar General with access to a deep pool of liquidity. This means that there is always a ready market for Dollar General's stock, and the company can easily buy or sell shares as needed.

In addition to the benefits listed above, being listed on the NYSE also gives Dollar General a number of other advantages, including:

The ability to use its stock as collateral for loans
The ability to attract and retain talented employees
The ability to participate in mergers and acquisitions

Overall, being listed on the NYSE is a major factor in Dollar General's success. It gives the company access to a large pool of investors, a high level of visibility and credibility, and a deep pool of liquidity. These factors have helped Dollar General to grow and expand, and to become one of the leading retailers in the United States.

Frequently Asked Questions about "What Company Owns Dollar General"

This section provides answers to some of the most frequently asked questions about Dollar General and its ownership.

Question 1: Who owns Dollar General?

Dollar General is a publicly traded company, which means that it is owned by its shareholders. The company's stock is listed on the New York Stock Exchange under the ticker symbol DG.

Question 2: Who founded Dollar General?

Dollar General was founded in 1939 by Cal Turner Sr. The company's first store was located in Scottsville, Kentucky.

Question 3: Where is Dollar General headquartered?

Dollar General is headquartered in Goodlettsville, Tennessee.

Question 4: How many stores does Dollar General have?

Dollar General has over 17,000 stores in 46 states.

Question 5: What is Dollar General's annual revenue?

Dollar General's annual revenue for the fiscal year 2022 was $33.7 billion.

These are just a few of the most frequently asked questions about Dollar General. For more information, please visit the company's website.

Key Takeaways:

Dollar General is a publicly traded company owned by its shareholders.
The company was founded in 1939 by Cal Turner Sr.
Dollar General is headquartered in Goodlettsville, Tennessee.
The company has over 17,000 stores in 46 states.
Dollar General's annual revenue for the fiscal year 2022 was $33.7 billion.

Transition to the next article section:

Now that we have answered some of the most frequently asked questions about Dollar General, let's take a closer look at the company's history, business model, and financial performance.

Conclusion

Dollar General is a publicly traded company owned by its shareholders. The company was founded in 1939 by Cal Turner Sr. and is headquartered in Goodlettsville, Tennessee. Dollar General has over 17,000 stores in 46 states and employs over 140,000 people.

The company's success is due in part to its low prices and convenient locations. Dollar General is a major player in the retail industry and is one of the largest employers in the United States.

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