Thread: Dollar General to hire 6,000

Dollar General to hire 6,000

By Aaron Smith, staff writer
January 3, 2011: 11:41 AM ET

NEW YORK (CNNMoney) -- Dollar General plans to create 6,000 new jobs in the next year, the discount retailer said Monday.

The increased hiring is part of Dollar General's (DG, Fortune 500) plan to open 625 new stores during the year, the company said in a statement.

The retailer said the hiring is the latest phase in its ongoing expansion. Dollar General will have created more than 15,000 new jobs from 2009 to 2011, the company said.

In addition to the 35 states where Dollar General already operates, the retailer will open stores in Connecticut, Nevada and New Hampshire. It is also planning to "remodel or relocate" 550 stores.

Shares of Dollar General rose slightly in Monday trading.

The news is part of what many economists believe is a brightening employment picture nationwide, with forecasts of between 2.5 million and 3 million jobs created in the coming year.

That would be about triple the gain recorded in 2010 and the best one-year jump since the white hot labor market of 1999.

0:00 /3:29Reporters pick 2010 top biz stories
Other signs of strength include a 17% increase in job openings from June through October, the most recent reading from the Labor Department, and the first initial jobless claims reading below 400,000 in more than two years during the week ended Dec. 25.

The government's December jobs report is scheduled for release Friday. Economists surveyed by Briefing.com expect an increase of 135,000 jobs and a decline in the jobless rate to 9.7% from 9.8% in November.

http://money.cnn.com/2011/01/03/news/co ... gletoolbar

Isn't that a Chinese company?

Or at least representative of a middle-man selling Chinese made products?

This would be a good place for Lamar Smith to insist on E-Verify. Just a letter from him re using E-Verify should be enough to get it done.
************************************************** *******************************
Americans first in this magnificent country

American jobs for American workers

Fair trade, not free trade

Originally Posted by sarum

Isn't that a Chinese company?

Or at least representative of a middle-man selling Chinese made products?

Dollar Gereral

Fast Facts

Goodlettsville, Tenn.-based Dollar General Corporation is the nation’s largest small-box discount retailer. We make shopping for everyday needs simpler and hassle-free by offering a carefully edited assortment of the most popular brands at low everyday prices in small, convenient locations. Dollar General ranks among the largest retailers of top-quality brands made by America’s most-trusted manufacturers, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg’s, General Mills and Nabisco.


â–*$11.8 billion in sales in fiscal 2009
â–*8,800+ stores in 35 states
â–*7,100 square-foot stores
â–*About 12,000 core products from America’s most-trusted manufacturers
â–*9 distribution centers
â–*79,000 employees
Corporate Office

100 Mission Ridge

Goodlettsville, TN 37072

(615) 855-4000

http://www.dollargeneral.com/AboutUs/Pa ... ation.aspx

i did some contract plumbing work for DG last year, took 9 months to get paid, absolute deadbeats. what i heard its owned by saudis. all the employees and reps in tenn were americans though, ive never had such a huge company jerk me around so long. and i had burger king and mc donalds and others that never took longer than 90 days. only when i mentioned my lawyer did they finally choke up a check. sure were pushy and impatient to get me out on a call though. deadbeats, but i still shop there.

From Google

Q. Who owns dollar general?

A. Rick Dreiling is the Chairman/CEO of Dollar General.
The company was founded in 1955 by J.L. Turner!

http://www.kgbanswers.com/who-owns-doll ... al/4822938

Q. Who owns Dollar General?

A. Dollar General was taken private by affiliates of KKR and Goldman Sachs in 2007 and in 2008 had $9,495.3 (Million) in sales!

http://www.chacha.com/question/who-owns ... ain-stores

And KKR is:

KKR: Kohlberg Kravis & Roberts:

Henry Kravis & George Roberts: Who ...Founded by Henry Kravis and George Roberts, Kohlberg Kravis & Roberts (KKR) is a global asset manager working in private equity and fixed income.

www.kkr.com/

I finally found the info that says that Dollar General is a publicly traded company. So anyone who buys stock in the company is "an owner".

Dollar General Corp. is a chain of variety stores operating in 35 U.S. states. The chain operates over 9,000 stores[2] and is headquartered in Goodlettsville, Tennessee, a suburb of Nashville. The stores were founded in 1939 by Cal Turner in Scottsville, Kentucky as J.L. Turner & Son, Inc.

In 1968 they changed the name to Dollar General Corporation. As of the third fiscal quarter of 2007, the company was acquired by Kohlberg Kravis Roberts & Co. (KKR), a private equity firm, who took the company public in 2009.

http://en.wikipedia.org/wiki/Dollar_General