REAL ESTATE

Dollar General to open 625 stores in 2012; will enter California with 50 locations

BY Marianne Wilson

Goodlettsville, Tenn. — Dollar General plans to open 625 stores and add more than 6,000 new jobs in 2012. The locations will be spread among Dollar General’s 38-state operating area, and include the new markets of California, where it will open 50 stores and a distribution center, and Massachusetts. The discounter will also open a distribution center in the Golden State this year.

“California presents an extraordinary opportunity for Dollar General to fulfill its mission of serving others by delivering convenience and value,” said Rick Dreiling, chairman and CEO. “Our plans bring new opportunities for Californians, including hundreds of new jobs.”

In addition to the 625 new stores, the company plans to remodel or relocate 550 stores in 2012.

The projected 6,000 jobs follow on the heels of three years of positive job growth for the company. Including 2012, the company will have created more than 21,000 new jobs since 2009.

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B.Brent says:
Nov-30-2012 03:22 pm

Dollar General is expanding
Dollar General is expanding even though the economy is shaky. Maybe the big bosses of Dollar General knew something we don't know that is why they are investing a lot. - Garrett Hoelscher

B.Brent says:
Nov-30-2012 03:22 pm

Dollar General is expanding even though the economy is shaky. Maybe the big bosses of Dollar General knew something we don't know that is why they are investing a lot. - Garrett Hoelscher

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OPERATIONS

7-Eleven Mexico selects Oracle retail platform to support growth

BY Staff Writer

Redwood Shores, Calif. — 7-Eleven Mexico has selected Oracle Retail Merchandising to create a platform for improving retail operations and driving growth across its 1,400 stores throughout the country.

“We will use Oracle Retail to better serve the changing needs of our convenience customers by offering the best assortment by store and fresher products every day. Also to establish best practices and create a platform for growth,” said Eduardo Trujillo, business transformation director, 7-Eleven Mexico. “We have operational data from across the business. Oracle will help us to gain insight from that data and shape our merchandising and inventory strategies accordingly.”

7-Eleven Mexico will use the Oracle Retail Merchandising suite of applications to leverage operational data, establish best practices throughout its retail operations and help develop new merchandising and inventory strategies.

The Oracle solution is designed to help retailers determine the inventory requirements at the item and location level, which results in an inventory replenishment that optimizes the supply across all locations.

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REAL ESTATE

Sprouts Farmers Market to close three stores in Austin, Texas

BY Staff Writer

Phoenix — Sprouts Farmers Markets plans to close three of its six stores in Austin, Texas.

Sprouts announced the closings via Twitter. In the tweet, it said that employees of the three stores that are closing would be assigned to other locations.

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