Is Dollar General Owned By Walmart In 2022? [Guide]
Dollar General is currently operating over 16,000 outlets across the country. It offers low prices on most well-known brands for its millions of daily customers.
But you might be curious if Dollar General exists independently of larger companies like Walmart. What I found was the best way to learn.
Is Dollar General Owned By Walmart?
Walmart has never owned Dollar General and it is not their property. Dollar General does not belong to any large supermarket chains. Instead, it is owned by Citigroup and Kohlberg Kravis Roberts, private equity investors. Since Dollar General has a public-traded stock, investors from the public can also buy it.
Dollar General Who Is It?
Dollar General, which was founded in 1939 and still exists today, was first owned by Cal Turner and James Luther Turner.
Dollar General was however purchased in 2007 by a private capital firm, which includes affiliated firms from Citigroup Private equity, GS Capital Partners, Kohlberg Kravis Roberts and GS Capital Partners.
Dollar General, which is currently owned by the same investors as the public shareholders can also purchase shares on the NYSE.
Do Dollar General own any stores or companies?
Dollar General doesn’t currently have any well-respected brands or companies.
Dollar General also has a few self-owned brands that sell in Dollar General stores. These include Sweet Smiles Candy and Clover Valley water bottles.
Dollar General did purchase, in 2016, 41 former Walmart Express locations, with designs towards turning them into Dollar General stores.
PopShelf Brand: Does Dollar General own it?
Yes. PopShelf, a new brand created by the Dollar General Corporation is part of this new venture.
The brand is geared towards a larger customer base that has more money and offers better quality products at a lower price.
Walmart Owns What Shops?
Walmart is the owner of a majority of global companies, including Seiyu and Asda in Japan. These two chains are extremely popular in each country.
Walmart owns Bonobos apparel brand, purchased by the company in 2017; Moosejaw is a specialist in outdoor gear and was also bought in 2017.
Walmart: Who is the owner?
Walmart currently belongs to the Walton family. They are the heirs of Sam Walton, founder of Walmart. The stock is publicly traded at the moment. The family owns over 50% of the company’s overall shares.
Walton Enterprises LLC is the family’s management company. Walton Family Holdings Trust is their trust.
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]