Dollar General 2008 Annual Report Download - page 10
Download and view the complete annual report
Please find page 10 of the 2008 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.-
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
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
 |
 |
8
clothing consists of casual everyday apparel. The percentage of net sales of each of our four
categories of merchandise for the period indicated below was as follows:
2008
2007
2006
Highly consumable
69.3
%
66.5
%
65.7
%
Seasonal
14.6
%
15.9
%
16.4
%
Home products
8.2
%
9.2
%
10.0
%
Basic clothing
7.9
%
8.4
%
7.9
%
Our home products and seasonal categories typically account for the highest gross profit
margin, and the highly consumable category typically accounts for the lowest gross profit
margin.
We currently maintain approximately 7,300 core stock-keeping units, or SKUs, per store
and an additional 3,200 non-core SKUs that get rotated in and out of the store over the course of
a year.
We purchase our merchandise from a wide variety of suppliers. Approximately 10% of
our purchases in 2008 were from The Procter & Gamble Company. Our next largest supplier
accounted for approximately 6% of our purchases in 2008. We directly imported approximately
10% of our purchases at cost (14% at retail) in 2008.
The Dollar General Store
The average Dollar General store has approximately 7,000 square feet of selling space
and is typically operated by a manager, an assistant manager and two or more sales clerks.
Approximately 53% are in freestanding buildings, 45% of our stores are located in strip shopping
centers and 2% are in downtown buildings. We attempt to locate primarily in small towns or in
neighborhoods of more densely populated areas where occupancy expenses are relatively low.
We generally have not encountered difficulty locating suitable store sites in the past, and
although management does not currently anticipate experiencing material difficulty in finding
future suitable locations, the current conditions in the real estate and financing markets could
make this process more difficult than in recent years.