Variety store chain Dollar General has completed the acquisition of 41 former Walmart Express stores in the US for an undisclosed amount.
The acquired stores are located in 11 states, including Florida, Oklahoma and Tennessee.
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Dollar General CEO Todd Vasos said: “We look forward to the opportunity to better serve our customers in these communities by continuing to provide the convenience and value they expect from Dollar General.”
Dollar General plans to relocate 40 of its stores into the purchased sites by October.
With larger sales floors, the newly relocated stores will add fresh meat and produce-to-product range.
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Dollar General also intends to operate the fuelling stations in 37 of these locations.
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By GlobalDataIn June, the variety stores operator opened its new distribution centre in San Antonio, Texas, which was built at a cost of $100m.
The move creates more than 500 local jobs.
As of 29 April, Dollar General has 12,719 stores across 43 states. Its outles offer a wide range of products such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items.
Image: A Dollar General store. Photo: courtesy of Dollar General Corporation.
