Dollar General's CEO sees potential in 11,000 locations left empty as rivals like pharmacies shutter stores

Core Insights - Dollar General plans to open 450 new stores in 2026, a decrease from the 575 planned for 2025, indicating a more measured expansion strategy [1] - The company has identified approximately 11,000 potential locations in the continental US for future store openings, particularly in areas where competitors are closing [2][3] - Dollar General's executives express confidence in future growth due to the availability of store locations and a lack of competition in new store openings [3] Company Performance - Dollar General opened its 20,000th store early last year and operates various formats, including those focused on fresh groceries and decor for suburban shoppers [4] - The company's third-quarter earnings exceeded analysts' expectations, leading to an increase in profit forecasts for 2025 [4] - Dollar General's stock has risen by 49% year-to-date, reflecting strong market performance [4]