Following its recent acquisition of more than 300 Dollar Express stores nationwide, discount retail chain Dollar General has announced it will convert six Dollar Express locations in South Florida to conform with its own brand.
In a statement, Dollar General said the Dollar Express stores will be revamped through an overhaul of floor plans and expanded product offerings. The locations — four of which are in Miami-Dade County, with the other two in Broward — are expected to open by late fall 2017, joining Dollar General’s 54 existing stores in the tri-county area.
The stores slated for conversion are located at:
- 1801 North Federal Highway, Hollywood
- 120 South Federal Highway, Dania
- 3105 NW 62nd Street, Miami
- 16403 SW 312th Street, Homestead
- 401 NE 125th Street, Miami
- 19922 NW 2nd Avenue, Miami Gardens
Dollar Express was formed in November, 2015, to satisfy a Federal Trade Commission stipulation on Dollar Tree, Inc.’s purchase of Family Dollar Stores. This past April, Dollar General reached an agreement to purchase all 323 of Dollar Express’s locations for an undisclosed amount.
According to Ghassemi, the purchase is only part of Dollar General’s two-pronged expansion plan for the 2017 fiscal year. Including its recent acquisition, the company hopes to open a total of 1,290 stores across the 44 states in which it operates.
While demographics play a role in the expansion process, Ghassemi said they are not the only factoron. In addition to an area’s cultural and financial demography, she said the company examines the presence of competitors, traffic patterns and potential community support.
“It’s not just something that we haphazardly look at,” Ghassemi said. “South Florida — and all of Florida, really —is a great market for Dollar General.”
The company’s track record appear to support that statement. Within the last five years, Dollar General has opened three stores in Broward County, 12 in Miami-Dade County and seven in Palm Beach County.
