successful retailers in America is the small town oriented Dollar General Store. The value and convenience offered by Dollar General Store focuses mostly on low‚ middle and fixed income families in rural areas that are not normally served by larger retailers. The current programs used by Dollar General Store helps to bring the consumable basics to their customers at a low price. Dollar General Store Introduction The mission of Dollar General Store to their “customers is a better life”‚ their
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Memo To: Management From: Date: [ 11/10/2010 ] Re: Competitive strategy Confidential Over the last several years Dollar General has seen great success with the strategies currently in place. With potential changes in the economy and some situations presently in the company Dollar General must plan for the future. This memo was put together to identify our strengths and weakness‚ analysis the external factors of the company‚ and find options for the future. The options of where to invest
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longer listed on any stock exchange market. The pressure of keeping accounting regularity and reporting to the public is no longer an issue. Instead‚ firms can be more flexible to reorganize the business profile as well as the management team. In many cases‚ shareholders and board members receive very rewarding financial benefits from this transaction. However‚ in some situations‚ public firms do not have a choice in the matter‚ as is the case in a “hostile takeover”. In assessing Dollar General’s performance
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Valuation and Analysis of Dollar General Table of Contents Executive Summary……………………………………………………1 Overview of Dollar General…………………………………………6 Five Forces Model..............................................………..9 Rivalry among Existing Firms................................9 Industry Growth………………………………………….10 Concentration………………………………………….….10 Differentiation and Switching costs……………………13 Scale Economies and Fixed/Variable Costs…………..13 Excess Capacity and Exit Barriers………………………14 Threat
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3/12/15 Dollar General Jacky Akpan Taha Kermalli Allison Schumacher Anlin Wang 1 Dollar General‚ 2007 ● Quality consumer goods in select categories ● Focused inventory on fastest-turning SKU’s ● Targeted demographics ignored by Walmart Store Dollar General Walmart Square Feet 6‚900 100‚000 SKU’s 4‚900 75‚000+ ~20‚000 or less 50‚000+ Surrounding Populations 2 1 3/12/15 Pricing and Brands ● 30% of products priced at $1 or less ● Majority of products under $10 Brands Name Brands
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Dollar General Case 1. Consider the $13.4 million of freight costs. What is the correct (GAAP) method of accounting for these? How did Dollar General in fact originally account for these costs? (Include in your answer a table of the effects on income in any years affected‚ both before and after tax‚ of the correct accounting and the accounting they originally used. The correct GAAP method to account for freight costs is as an expense of Cost of Goods Sold (COGS) that occur at the time
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between Dollar General Corp. and the Mississippi Band of Choctaw Indians. The Dollar General operates its business upon the land owned by the Tribe. Dollar General holds a lease and business license agreement with the Tribe. This agreement upholds Dollar General to consent to all manner of tribal laws and agreed to abide by those laws. The Tribe ran a “Youth Opportunity Program” which placed tribal members in short-term‚ unpaid positions with local businesses for educational purposes and Dollar General
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Bus 400 – Business Strategy Instructor: Jean-Marie Nkongolo-Bakenda Group Member: Chen Zeng Chau Hua Dan Yuan Date: April 10th， 2014 Table of Contents: Executive Summary……………………………………………..……………..3 Introduction……………………………………………………...……………..4 External Environment Analysis…………………………………..……………4 PEST Analysis…………………………………………….…………..4 Porter’s Five Forces Analysis…………………………….…………...5 Internal Environment Analysis………………………………………..….…....6 Primary Activities……………………………………………
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Table of Content EXECUTIVE SUMMARY 2 1. Background 3 2. Dollar General diagnosis 4 a. Financial analysis 4 b. Strengths and weaknesses analysis 5 3. External Analysis 7 a. Competitors 7 b. Opportunities and threats analysis 8 4. Problem identification 10 REFERENCES 11 EXECUTIVE SUMMARY Dollar General is a retailing company‚ especially extreme value oriented. Since its establishment in 1955‚ Dollar General has drastically grown. In 10 years‚ from 1955 to 1965‚ the Company grew to 255
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MEMORANDUM To: From: Date: Re: Dollar General Industry Analysis Executive Summary: Dollar General is the sixth largest mass merchandiser‚ and the fourth largest discount store in the U.S. However‚ significant growth opportunities remain for extreme-value retailers such as Dollar General. Dollar General’s strategic objective is sustainable and profitable long-term growth. The company has opportunities for growth by expanding in the United States to areas that lack an
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