Dollar General tightens its grip on American retail
Driving the news: Dollar General announced Thursday that it'll open another 1,050 stores in 2023, after posting an 11% sales increase in the third quarter compared with last year, and an 8% jump in net income.What they're saying: "The fact the business model is firing on all cylinders has given Dollar General the confidence to continue its rapid pace of physical expansion," GlobalData managing director Neil Saunders wrote.State of play: Dollar General's omnipresence has been key to its success.