Dollar General to Close Nearly 100 Stores

Dollar General has announced plans to close several locations in 2025 due to decreasing consumer confidence. According to the company's fourth-quarter and fiscal year 2024 report, 96 Dollar General store locations will be closed "in the first quarter" of the current fiscal year.

The report also indicated that Dollar General's fourth-quarter operating profit decreased by 49.2% to $294.2 million. Despite this decline, the company experienced a 4.5% increase in fourth-quarter net sales to $10.3 billion and a 5% increase in fiscal year net sales.

Additionally, 45 of Dollar General’s home decor stores, pOpshelf, are expected to close. Six pOpshelf locations will be converted into Dollar General locations.