In , the business changed its name to Dollar General Corporation. In , the company was acquired by the private equity firm Kohlberg Kravis Roberts KKR , which took the company public in The first Dollar General store opened in Scottsville, Kentucky, on June 1, , the concept was that no item in the store would cost more than one dollar.
The idea became a success, and other stores owned by J. Turner and his son Cal Turner were quickly converted. The Turners did not reach this level of success without obstacles. James Luther J. He never completed his education.
After two unsuccessful attempts at retailing, J. During the Depression, he began buying and liquidating bankrupt general stores. In October , J. Wholesaling quickly gave way to retailing — J. In , Cal Turner, Jr. Cal Jr. Turner and Son Wholesale. The business gave way to retail, and the first Dollar General opened in Springfield, Ky. When Cal Turner, Jr. Jeffrey Owen is the chief operating officer. Institutional investors control about The largest institutional shareholder is T.
Rowe Price with a 7. The second-largest institutional investor is The Vanguard Group, Inc. A passionate commitment to serving our customers, employees and communities is the foundation of our growth. During the Depression, he began buying and liquidating bankrupt general stores. In October , J. Wholesaling quickly gave way to retailing — J. The first Dollar General store opened in Springfield, Ky. The idea became a huge success and other stores owned by J. Turner and his son Cal Turner Sr.
In , Cal Turner Jr. Cal Turner Jr.
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