MarketWatch reports that Dollar General is buying 41 Walmart Express locations around the country, with plans "to expand its offerings to fresh meat and produce.
"The company said it expects to relocate 40 of its existing stores into the acquired Walmart Express stores by October 2016, meaning it will enter one new market as part of the purchases. Terms of the deal were not disclosed."
"Communities served by the newly-relocated stores will enjoy a fresh DG16 layout with additional sales floor square feet, complete with expanded offerings such as fresh meat and produce, all designed to make shopping easier for customers," the company said in a statement.
"The company said it expects to relocate 40 of its existing stores into the acquired Walmart Express stores by October 2016, meaning it will enter one new market as part of the purchases. Terms of the deal were not disclosed."
"Communities served by the newly-relocated stores will enjoy a fresh DG16 layout with additional sales floor square feet, complete with expanded offerings such as fresh meat and produce, all designed to make shopping easier for customers," the company said in a statement.
- KC's View:
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The addition of fresh meat and produce suggests that Dollar General is adjusting its profitability model, but also is getting serious about competing on a broader scale with the likes of Aldi and Save-A-Lot, and eventually with Lidl ... which may be the only move it can make in order to defend its turf.
