GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General (NYSE: DG) commemorated the grand opening of its 19,000th store in Joplin, Missouri today with a community celebration and $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples.

After several months of cost pressures and disruption, Dollar General is rounding out 2022 with a focus on expanding digital capabilities, adding to their store count, and differentiating their customer experience.

In 2023, the variety store chain will set approximately 3,170 projects in motion, including 1,050 new store openings across the U.S. With nearly 19,000 stores located within 5 miles of about 75% of the population, Dollar General already has a significant physical presence across the retail landscape, reaching shoppers in places where other stores oftentimes cannot. Dollar General also plans to open their first international stores in Mexico some time in 2023.

CNN Business

Middle-income and wealthier shoppers, pinched by inflation, are shopping more at Dollar General for essentials and discretionary items.

Dollar General (DG) CEO Todd Vasos this week said the retail giant has been attracting customers earning $100,000 a year in recent weeks. Inflation has pushed up prices for groceries and gas, and now these shoppers are turning to Dollar General (DG) and others to try to save money.

Retailers have been under particular pressure this year, as inflation-strapped consumers are being forced to make harder choices. That reality was on display during first-quarter earnings season in May, when both Walmart (ticker: WMT) and Target (TGT) disappointed; and again in June, when Target lowered its guidance for the second time in a month.

The big-box stores cautioned that shoppers had rapidly shifted away from pandemic-popular categories—think clothing, home goods, and electronics—in favor of essentials, prompting hefty, margin-crunching discounts to move overstocked merchandise. That warning triggered selloffs across the industry, including dollar stores, which cater to lower-income consumers who are hurting the most from inflation.

Known for its affordability and convenient store locations to purchase household essentials, Dollar General has made its way to Dickinson and is open for business.

Located at 78 23rd Ave. W., Dollar General is open 8 a.m. to 10 p.m. Monday through Sunday. Through its mission of “Serving Others,” the store is stocked with household essentials such as food, cleaning supplies, paper products, over-the-counter medicines, hygiene products and baby items.

“At Dollar General, we believe the addition of each new store provides positive economic growth for the communities we proudly serve, and the addition of our new Dickinson store highlights our commitment to deliver a pleasant shopping experience that includes great prices on quality products in a convenient location, ” said Dan Nieser, Dollar General’s senior vice president of real estate and store development.

Dollar and discount superstores thrived over the pandemic, and foot traffic analytics indicate that the category leaders are not slowing down just yet.

Dollar General, which has been diversifying its store fleet by adding the new “popshelf” concept and expanding its grocery offerings under the Dollar General Market banner, also seems to be holding on to many of the new customers acquired over the pandemic. In April, May, June, and July, monthly visits compared to 2019 have increased by 25.9%, 20.2%, 25.3%, and 32.5%, respectively.

Shares of Dollar General Corp. DG, 1.20% inched 0.95% higher to $224.27 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, 1.38% falling 1.59% to 4,258.49 and Dow Jones Industrial Average DJIA, 1.61% falling 2.09% to 33,962.04. This was the stock's fifth consecutive day of gains. Dollar General Corp. closed $0.98 below its 52-week high ($225.25), which the company reached on November 9th.

The stock outperformed some of its competitors Monday, as Walmart Inc. WMT, 0.59% fell 0.23% to $141.23, Costco Wholesale Corp. COST, 0.42% rose 0.92% to $414.15, and Target Corp. TGT, 1.80% fell 0.01% to $251.12. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.9 M.

DALLAS, July 8, 2021 /PRNewswire/ -- Global sports and entertainment leader Topgolf Entertainment Group announced today another major milestone on its global expansion journey by entering into a developer agreement with TG Latam (TGLA). With this partner, Topgolf plans to open venues in select South American countries starting with Bogotá, Colombia.

Currently, Topgolf operates 70 venues worldwide including 64 in the U.S., three in the United Kingdom, and one each in Australia, Mexico and the U.A.E (Dubai). Plans are also underway to open new franchised venues across Asia and Central Europe with locations currently in development in Oberhausen, Germany and Bangkok, Thailand.

Dollar General said Wednesday that it has hired its first chief medical officer and will add products such as cold and cough medication and dental supplies to shelves as it aims to become a health-care destination.

CEO Todd Vasos said the company’s new push is inspired by customers who said they want more convenient and affordable health-care products and services.

It has piloted new ways to provide medical care, too. Last month, it offered free Covid-19 testing at select locations through a partnership with the Virginia Department of Health. The Centers for Disease Control and Prevention said it was in talks with the company about turning stores into Covid vaccine sites, though the CDC and Dollar General have yet to announce any official plans.

GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General (NYSE: DG) today announced an operational partnership with Feeding America®, as well as a $1 million donation to the organization, to provide access to food resources in rural and otherwise underserved communities and to proactively address food insecurity across the country. The Company also plans to offer produce in up to 10,000 communities over the next several years, with a meaningful number of those stores in current United States Department of Agriculture (USDA) defined food deserts.

Dollar General’s work with Feeding America will be highlighted by a $1 million donation, as well as in-kind donations of perishable and nutritious food to community food banks. At full operational capacity, Dollar General seeks to provide up to 20 million meals each year. This will not only help alleviate hunger in the communities it calls home, but also nearly double the number of stores in which Feeding America services.

Golfers in the Augusta area officially have a new place to practice their swings and hit some balls as TopGolf’s newest location opened Friday.

The facility is a first-of-its kind prototype. The Augusta facility only has one story instead of multiple, but still has a lot of the same features and amenities from other locations, company officials said.

Nick Treadway, general manager of TopGolf Augusta, said it was important to have a presence at the home of the Masters Tournament. Treadway said they wanted to create a new concept just for the Augusta facility.

“We are trying to create an experience that is beyond golf. We are actually the first venue that is fully outfitted with our top tracer technology, other venues don’t have that necessarily. It allows us to stay innovative with our game creation,” he said. “We are trying to create something beyond that, so it’s a backyard, social setting, where people want to come and just have a good time.”

ROGERS, Ark. (Arkansas Money & Politics) – Our long-awaited anticipations are coming closer to reality – Topgolf has officially broken ground on its new location in Rogers. This will be the first location that the global chain of golf-entertainment fusion has placed in Arkansas.

Up to now, the nearest Topgolf facilities for Arkansans were hundreds of miles away.

According to the Topgolf website, the location will feature more than 70 climate-controlled hitting bays, a full-service restaurant and bar, a rooftop terrace and private event spaces. It will also have more than 200 HDTVs and free Wi-Fi.

Labeled “Everyone’s Game,” Topgolf brings an approachability to the sport of golf, with a competition based driving range that tracks users scores digitally, blended with an on-site restaurant and sports bar. It is a place to hang out, play golf, or both.

According to Topgolf, almost half of their customers describe themselves as “non-golfers.”

Previous estimates by Topgolf assumed a local footprint of around 300 new jobs and approximately 250,000 annual guests to the Rogers location.

A collection of nine industrial buildings in Bentonville totaling 233,000 square feet are under new ownership after a recent sale worth $25.1 million.

In a deal that closed last week, a partnership formed by Colby Capital Real Estate Development of Overland Park, Kansas, acquired the properties at 1211 S.E. 28th St., 2501-2503 S.E. J St., 2700-2702 S.E. Otis Corley Drive, 2701-2703 S.E. Otis Corley Drive and 2704 S.E. Otis Corley Drive.

Colby capital completes $29,000,000 sale lease back of 19 corporately owned Ruby Tuesday restaurants. The restaurants are scattered throughout 12 states.

In December 2017, Ruby Tuesday, Inc. was purchased by Atlanta based NRD Capital with plans of a brand turn around.

Colby Capital continues to invest in high quality real estate with household names such as Ruby Tuesday.

Real estate investors and 1031 exchange buyers continue to gravitate toward single-tenant net lease properties as these properties typically offer long-term leases, minimal management responsibilities and credit tenants. However, the supply of new construction single-tenant properties with long-term leases continues to diminish. With many consumers abandoning brick-and-mortar retail in favor of e-commerce, numerous retailers have significantly reduced or halted their expansion plans. This has resulted in a lack of supply of new construction long-term, single-tenant properties.

EDGERTON, Kan. – (November 6, 2017) A groundbreaking ceremony for the first new retail construction project in the City of Edgerton in nearly 40 years was held on Saturday. The new 7,500 square-foot Dollar General store will be located at 106 West 3rd Street, just east of the Edgerton Elementary on 56 Highway.

“To have a quality retailer like Dollar General invest in our community is phenomenal,” said Mayor Donald Roberts. “Gaining a new retail store in Edgerton signifies the beginning of the next phase of growth and development within our community.”

Colby Capital Acquires Bentonville, AR Office/Warehouse PropertyColby Capital announces the purchase of Office/Warehouse property in Bentonville, Arkansas. The acquisition included 9 buildings totaling 233,000 square feet. Colby Capital partnered with Tom Boyd and William Wheeler to purchase the $25.1 million asset. 

Colby Capital Acquires Verizon Wireless Building In February 2017 Colby Capital purchased a freestanding 3,600 square foot Verizon Wireless located in Corbin Park in Overland Park, KS.

The opening of the Dollar General in Hankinson, ND on February 11, 2017 marks the retailer's expansion into North Dakota. Colby Capital is pleased to be a partner in the expansion into Dollar General's 44th state. Six additional stores are planned to open in the spring. 

W. Chance Carnes is pleased to announce the formation and start up of Fractional Acquisitions, LLC, as a vehicle to provide liquidity to owners of fractional interests in commercial real estate. The owners of Fractional Acquisitions, LLC have over 130 years combined experience in all phases of commercial real estate in the United States and can quickly and discreetly evaluate partially owned interests, offer and close the purchase of same quickly, and provide liquidity to a formerly illiquid market.

KFGO News is reporting that Dollar General will begin expansion into North Dakota. Colby Capital is proud to continue our relationship as we develop the first Dollar General locations in North Dakota.

Colby Capital completed the acquisition of an Advanced Auto retail center in Irmo, South Carolina. Colby Capital now has ownership in 4 Advanced Auto locations.

The Ponca City news featured Colby Capital, LLC on the front page of the November 6 edition. The paper was reporting the acquisition of Ponca Plaza, the 181,747 square-foot retail center anchored by JC Penney, Stage and Food Pyramid.

Colby Capital, LLC completed acquisition of a retail center in West Monroe, LA. The 83,000+ SF center is fully occupied by Hobby Lobby and Office Depot.