Dollar General continues to expand its footprint in the Philadelphia MSA
Posted June 4, 2019
Soloff Realty & Development, Inc. is the Exclusive Tenant Representative of Dollar General Corporation (NYSE: DG) in Eastern Pennsylvania, New Jersey, and Delaware. SRD facilitated the lease of more than 29 stores (7 in Pennsylvania and 20 in New Jersey and 2 in Delaware) over the last 12 months. SRD’s Richard Soloff represents Dollar General in Eastern Pennsylvania and Delaware; David Dunkelman represents them in New Jersey. Dollar General has been a client of SRD for more than a decade.
The nationally recognized retailer is one of the most profitable retail chains in the nation, with more than 15,472 stores in 44 states (as of March 1, 2019) and plans to open 975 new stores in the U.S. this year alone.
In 2018 the company reported its 29th straight year of same-store sales growth – despite minimal e-commerce. That’s a streak no other major U. S. Retailer can match: Even Walmart endured nearly two years of comparable-sales declines earlier this decade.
