The Total retail space of Dollar General Corp in United States of America reached 121,257.99 Sq. Ft. in 2020
The indicator recorded a historical growth (CAGR) of 4.04% between 2017 to 2020
Apparel retail in the United States
The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing.
The US apparel retail market experienced moderate growth during the historic period, with the exception in the year 2020 when it declined by a significant share. The market is expected to recover and achieve strong growth in 2021. Increased consumer confidence translates into better domestic consumption, which has historically driven apparel retail sales in the country.
Impact of COVID-19
The US market declined by a significant share in 2020 due to lockdown measures which was introduced to inhibit the spread of COVID-19. With lockdown measures implemented throughout the year meaning all non-essential travel was prohibited, apparel retail was one of the worst hit retail sectors in 2020. As more consumers stayed at home, the demand for new clothing was not present. As a result, the pandemic has adversely affected the apparel market and led several retailers and brands to file for bankruptcy, speeding up the shakeout of the weakest who were already struggling because of over-expansion, high debts and lack of relevance to changing demand.
Company overview
Dollar General Corp (Dollar General)
Dollar General Corp (Dollar General) is a leading retailer, operating discount stores in the US. The company’s stores offer various products including consumables, seasonal, home products and apparel. The company markets these products through various private brands such as Dollar General, Dollar General Market, Clover Valley, DG, Smart & Simple, Trueliving, Sweet Smiles, Open Trails, Bobbie Brooks, Comfort Bay, Holiday Style, Ever Pet, DG Deals, Forever Pals, I*Magine and OT Sport. It also retails products through e-commerce platforms. The company operates stores in rural, suburban and urban areas which allow its customers to shop their products in a convenient manner. The company’s operations are spread across southern, southwestern, midwestern and eastern states of the US. Dollar General is headquartered in Goodlettsville, Tennessee, the US.
Dollar General Corp (Dollar General) owns and operates discount retail stores primarily in the southern, southwestern, midwestern and eastern regions of the US.
The company classifies business operations into four product categories: Consumables, Seasonal products, home products and Apparels.
Products & services
Dollar General operates discount retail stores in the US. The company’s major products and services include the following:
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