Dollar General has reported 28 consecutive years of growth. In its second-quarter results, reported on Thursday, same-store sales were up 3.7%. The dollar chain is bucking the retail trend and expanding rapidly in the United States. It plans to open 900 new stores by the end of the year, remodel 1,000, and relocate 100. It offers prices that are 20% to 40% lower than grocery and drug stores, capitalizing on a growing trend toward more cost-conscious shopping. Here’s how it keeps its prices so low. Dollar General is taking over the United States. This no-frills, bargain-hunters’ paradise is growing at a level that is largely “unthinkable” in retail, Credit Suisse analysts wrote in June. In 2017, Dollar General opened new locations at a rate of around four stores a day. In 2018, 900 more stores are slated to open at a rate of about three stores a day. While competitors have been squeezed by growing competition online and … [Read more...] about Dollar General is dominating in America. Here’s how it keeps its prices so low.