The well-known network of cheap stores called Dollar General has been growing quickly in recent years. The corporation is currently one of the biggest retailers in the US with over 16,000 locations spread across 44 states. Who has the most Dollar Generals, though? The solution might surprise you.
Texas, with a staggering 1,567 sites, is the state with the most Dollar General outlets, according to corporate data. Georgia has 1,216 stores and Florida has 1,386 stores after that. North Carolina, Alabama, and Tennessee are among states with a sizable number of Dollar General locations.
What motivates this pattern, then? One explanation is that low-income and rural communities may not have access to larger merchants since Dollar General stores serve these populations. Because of the company’s emphasis on providing a broad selection of essential household goods at competitive costs, many Americans like shopping there.
The company’s aggressive expansion plan is another aspect. With ambitions to add more than 1,000 locations in 2021 alone, Dollar General has been opening new stores at a rapid rate in recent years. The company’s popularity during the COVID-19 pandemic, when more people went to bargain merchants for necessities, contributed to this expansion.
However, there are other retail chains with a major presence in the US than Dollar General. The well-known doughnut restaurant Krispy Kreme is also growing its franchise business across the nation. Depending on the location and size of the business, a Krispy Kreme franchise can cost anywhere between $275,000 and $1.9 million.
In contrast, the price of a Dunkin’ Donuts franchise varies according to the store’s location and dimensions. The initial investment for a Dunkin’ Donuts franchise can be anywhere between $97,500 and $1.7 million, according to the business’ website.
Conclusion: With the company continuing to open new locations and broaden its product choices, Dollar General’s rapid expansion shows no indications of slowing down. Although Texas now has the most Dollar General stores, the corporation also has a significant presence in several other states. As for Dunkin’ Donuts and Krispy Kreme, their franchises are also in high demand, giving businesspeople the chance to be a part of two of the nation’s most famous businesses.