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Dollar General celebrates 10,000th store opening
GOODLETTSVILLE, Tenn. — One of Dollar General's first stores in California also has the distinction of being the retailer's 10,000th store, the company said.
Dollar General announced Friday that its landmark store, located in Merced, Calif., has given the retailer a coast-to-coast presence for the first time in the company's history.
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Profits surge at Dollar General
GOODLETSVILLE, Tenn. — Dollar General's quarterly profit surged 33% to a record $299 million, from $226 million in the prior year.
Sales increased 20.1% to $4.19 billion, compared with $3.49 billion in the year-ago period. Same-store sales rose 6.5%.
For the full year, profit rose 26% to $819 million, from $649 million in 2010. Sales surged 13.6% to $14.8 billion, from $13 billion last year. Same-store sales rose 6%.