DG IPO to Fund Expansion

Dollar General's upcoming initial public offering could provide funding for the potential to more than double the discounter's 8,500 stores. In a prospectus filed with federal regulators late last month, Dollar General, based here, said its market analysis showed more than 12,000 opportunities for new stores located in the 35 states in which the company already does business,

GOODLETTSVILLE, Tenn. — Dollar General's upcoming initial public offering could provide funding for the potential to more than double the discounter's 8,500 stores.

In a prospectus filed with federal regulators late last month, Dollar General, based here, said its market analysis showed more than 12,000 opportunities for new stores located in the 35 states in which the company already does business, and said it could continue to add new stores at a rate of around 500 a year.

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