Monday, Dec 22, 2014
  • Home
Pasco News

Dollar General again expanding in West Pasco

By
Published:   |   Updated: June 21, 2013 at 10:59 AM

View allPage 1 of 2

Page 2 of 2 | View all Previous page

PORT RICHEY - Another expansion push by Dollar General will bring two more standalone stores here to give the discount chain about two dozen locations in Pasco County.

Crews are building stores along Ridge Road and State Road 52, according to county records. Each store covers an area a bit less than 9,500 square feet.

The State Road 52 site lies on the southeast corner of Altoona Avenue, a bit east of Little Road.

The site on the north side of Ridge Road lies between Regency Park Boulevard and Lemon Road. Curious drivers this week could see reconstruction of the Ridge Road median and driveway entrance to the store. Road construction had closed lanes on Ridge at times.

Dollar General, based in Goodlettsville, Tenn., continues to shift away from stores within shopping centers to free-standing locations over the past several years, executives have said in previous interviews.

The chain also strives to match a development boom here by rival Family Dollar, which also has favored building standalone stores in recent years.

Dollar General opened two West Pasco stores in January, at 11926 Moon Lake Road and 11528 State Road 54.

Stores under construction now are part of an ambitious goal to add 635 locations this year alone, Crystal Ghassemi, a Dollar General spokeswoman, said during a phone interview. That would mean some 11,000 Dollar General locations in 40 states by the end of the year, she said.

Customers appear loyal to Dollar General in good times and bad times, Ghassemi emphasized.

With company roots dating back to 1939, the first store to bear the Dollar General name came in 1955.

The discount chain appears to have benefited during the recession from area shoppers searching for ways to make a dollar stretch still further. Dollar General has experienced more than two decades of same-store sales growth, according to the company website. The chain recorded $14.8 billion in sales the past year.

Growth trends continued in the most recent quarter that ended May 3, with record sales, operating profit and net income for its fiscal 2013 first quarter.

Same-store sales growth rose 2.6 percent, Rick Dreiling, Dollar General's chairman and CEO, said in a press release. That same-store barometer is expected to accelerate as high as 4 to 5 percent later in the fiscal year.

View allPage 1 of 2

Page 2 of 2 | View all Previous page

Comments
Trending Now

Part of the Tribune family of products

© 2014 TAMPA MEDIA GROUP, LLC