Dollar General 2003 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2003 Dollar General annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 54

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54

Dollar General had 6,700 retail stores as of
January 30, 2004, after adding 587 net new stores
during the year, continuing its trend of increasing store
growth. A majority of the Company's stores are located
in small towns and rural communities, which continue to
be the primary areas for adding new stores. In 2004,
Dollar General plans to open 675 new Dollar General
stores. In addition, we plan to open 20 Dollar General
Markets, a new concept we are testing with an expanded
food section. For the first time, customers will be able to
find Dollar General stores in New Mexico, Arizona and
Wisconsin. The typical Dollar General store has approx-
imately 6,800 square feet of selling space and is located
within a five-mile radius of its customers. The
Company's seven distribution centers are strategically
located to minimize the time and cost associated with
serving the stores. An eighth distribution center is sched-
uled to open in 2005 in Union County, South Carolina.
6,700
stores as of January 30, 2004
(Numbers indicate total number of stores per state)
Market Area
Store Growth
Distribution Center
Ardmore, Oklahoma
Distribution Center
Fulton, Missouri
Distribution Center
Indianola, Mississippi
Distribution Center
Alachua, Florida
Distribution Center
Scottsville, Kentucky
Distribution Center
South Boston, Virginia
Executive Offices
Goodlettsville, Tennessee
Distribution Center
Zanesville, Ohio
79
145
234
813
203
285
144
278
125
262
355
363
151
24
24
62
239
371
125
256
340
234
387
349
208
248
396
Distribution Center
Union County,
South Carolina
planned opening in 2005

Stores Opening In 2004
"Anything I use in the
kitchen I buy here
and all my cards and
knick-knacks. I'm
always surprised
by what I find
for the prices!"
1
Company Stores
Fiscal years
4,294
5,000
5,540
6,113
6,700
1999 2000 2001 2002 2003