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.
Perhaps you’re wondering if Dollar General runs independently or is it owned by Walmart. What I found was the best way to learn.
Walmart Owns Dollar General?
No, Dollar General is not owned or never has been owned by Walmart. 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. Public stock investors also own dollar General as they are a publicly-traded company.
Dollar General Who Is It?
Dollar General was established in 1939. It was owned initially by Cal Turner (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.
These investors own Dollar General today, as well as public shareholders that can purchase the stock at the NYSE.
PopShelf Brand owned by Dollar General
Yes. PopShelf was created as part of the Dollar General Corporation’s new business venture.
This brand is targeted at wealthy customers. It offers more quality products while keeping the price down.
Walmart Owns What Shops?
Walmart is the owner of a majority of global companies, including Seiyu and Asda in Japan. Both are highly popular chains in their respective countries.
Walmart also holds Bonobos, which is an apparel brand they purchased in 2017, along with Moosejaw that specializes outdoor recreational 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. This company is currently publicly traded. The family holds more than half of its shares.
Walton Enterprises LLC (the family managing their shares) and Walton Family Holdings Trust (the family managing their shares) are managed by the Walton Family Holdings Trust.
For more information on both these companies, please visit our posts about Walmart statistics and Dollar General statistics.
No. Walmart is no longer the current owner of Dollar General. It is now owned by Private Equity. Walmart owns a handful of brands around the globe, such as Seiyu and Asda, but not the Dollar General brand.
.Is Dollar General Owned By Walmart In 2022? [Guide]