Is Dollar General Owned By Walmart In 2022? [Guide]
Dollar General boasts over 16,000 shops across the US, which offer affordable prices on well known brands for their many millions of regular customers.
However, you may be wondering if Dollar General operates independently or if it is owned by a larger company such as Walmart. Let me tell you what I discovered.
Walmart Owns Dollar General?
Walmart doesn’t own Dollar General. Dollar General is also not owned by any specific large grocery chains, but is instead owned by private equity investors, including Kohlberg Kravis Roberts and Citigroup. Since Dollar General has a public-traded stock, investors from the public can also buy it.
What is the Dollar General Owner?
Dollar General was founded by James Luther Turner in 1939.
Dollar General, however, was purchased by GS Capital Partners in 2007.
Dollar General, which is currently owned by the same investors as the public shareholders can also purchase shares on the NYSE.
Are There Any Dollar General Stores or Companies?
Dollar General does not currently own any widely recognized brands or companies.
However, Dollar General does operate a number of self-owned brands which sell products in Dollar General stores, such as Sweet Smiles Candy, and Clover Valley Water Bottles.
Dollar General bought 41 Walmart Express stores in 2016 with plans to turn them into Dollar General.
PopShelf Brand Owned by Dollar General
Yes. As part of a new business venture, the Dollar General Corporation has opened a new brand known as PopShelf.
This brand is focused on a more wealthy customer base, providing more higher quality products, but still at a more affordable price.
What Stores Are Owned By Walmart?
Walmart has a significant share of all companies around the globe, including Asda UK in the UK and Seiyu Japan in Japan. Both of these chains are popular in their respective nations.
Walmart also has Bonobos, an apparel company that was purchased in 2017, as well as Moosejaw which specializes on outdoor recreation gear.
Who Owns Walmart?
Walmart’s current owners are the Walton family. These are the descendants of Sam Walton. The company is currently publicly traded. It holds over half the shares.
Walton Enterprises LLC and Walton Family Holdings Trust are the firms under which their family manages shares.
See our posts on Walmart statistics (for Dollar General), Walmart statistics (for Walmart) and whether Walmart is a franchise.
No. No. Walmart is the owner of a number brands worldwide, including Seiyu & Asda. However, they do not have the Dollar General brand.
.Is Dollar General Owned By Walmart In 2022? [Guide]