General Dollar is a privately held discount store chain based in Norfolk, Virginia. The company was founded in 1955 by J.L. Turner and his wife, Doris. The first General Dollar store opened in Nashville, Tennessee. The company quickly grew and expanded to other states. Today, General Dollar has over 1,500 stores in 35 states.
General Dollar is a popular destination for shoppers looking for a wide variety of products at low prices. The company offers a wide range of merchandise, including food, clothing, household items, and health and beauty products. General Dollar also has a strong focus on seasonal items, such as toys, candy, and decorations.
In this article, we will take a closer look at the history of General Dollar, its ownership structure, and its current operations. We will also discuss the company's future plans and how it plans to compete in the increasingly competitive discount store market.
Who Owns General Dollar
General Dollar is a privately held company, meaning that its shares are not publicly traded.
- Founded in 1955
- Headquartered in Norfolk, Virginia
- Over 1,500 stores in 35 states
- Owned by the Turner family
- J.L. Turner and Doris Turner, founders
The company is currently led by President and CEO Rick Dreiling, who has been with the company since 1987.
Founded in 1955
General Dollar was founded in 1955 by J.L. Turner and his wife, Doris. The couple had a vision of creating a store that offered a wide variety of products at low prices, making it a one-stop shop for budget-conscious shoppers. They opened their first store in Nashville, Tennessee, and the company quickly grew and expanded to other states.
In the early days, General Dollar was known for its selection of closeout merchandise, which was often purchased from other retailers at a discount. The company also had a strong focus on customer service, and its employees were known for being friendly and helpful.
As General Dollar continued to grow, it began to offer a wider variety of merchandise, including food, clothing, household items, and health and beauty products. The company also began to focus more on seasonal items, such as toys, candy, and decorations.
Today, General Dollar is a leading discount store chain with over 1,500 stores in 35 states. The company is still privately held by the Turner family, and it remains committed to providing its customers with a wide variety of products at low prices.
General Dollar's success is due in part to its strong focus on customer service. The company's employees are known for being friendly and helpful, and they are always willing to go the extra mile to help customers find what they are looking for.
Headquartered in Norfolk, Virginia
General Dollar is headquartered in Norfolk, Virginia. The company has been headquartered in Norfolk since its founding in 1955.
- Convenient location: Norfolk is located on the East Coast of the United States, making it a convenient location for the company to distribute its products to its stores throughout the country.
- Access to transportation: Norfolk is a major transportation hub, with access to major highways, railways, and airports. This makes it easy for the company to receive and ship products.
- Strong workforce: Norfolk has a strong workforce, with a large pool of qualified workers. This makes it easy for the company to find the employees it needs.
- Business-friendly environment: Norfolk is a business-friendly city, with a supportive government and a strong economy. This makes it an attractive location for businesses to operate.
General Dollar's headquarters in Norfolk is a state-of-the-art facility that houses the company's executive offices, as well as its distribution and logistics operations. The company's headquarters is also home to a training center, where employees can learn about the company's products and services.
Over 1,500 stores in 35 states
General Dollar has over 1,500 stores in 35 states, making it one of the largest discount store chains in the United States. The company's stores are typically located in small towns and rural areas, where there are fewer other retail options. This allows General Dollar to offer its customers a convenient and affordable place to shop for a wide variety of products.
General Dollar's stores are typically small, averaging around 7,000 square feet. This allows the company to keep its costs down and pass the savings on to its customers. The stores are also well-organized and easy to shop, making it easy for customers to find what they are looking for.
General Dollar's stores offer a wide variety of merchandise, including food, clothing, household items, and health and beauty products. The company also has a strong focus on seasonal items, such as toys, candy, and decorations. This allows General Dollar to appeal to a wide range of customers.
General Dollar is a popular destination for shoppers looking for a good deal. The company's low prices and convenient locations make it a great place to find everything from groceries to clothing to household items. General Dollar is also a popular place to shop for seasonal items, such as Halloween costumes and Christmas decorations.
General Dollar is committed to providing its customers with a positive shopping experience. The company's employees are known for being friendly and helpful, and they are always willing to go the extra mile to help customers find what they are looking for.
Owned by the Turner family
General Dollar is a privately held company, meaning that its shares are not publicly traded. The company is owned by the Turner family, who founded the company in 1955. The Turner family has a long history of entrepreneurship and business success.
J.L. Turner, the founder of General Dollar, was a visionary businessman who saw the need for a discount store chain that would cater to the needs of budget-conscious shoppers. He started the company with a small investment and a lot of hard work. Over the years, J.L. Turner and his wife, Doris, grew General Dollar into a successful business with over 1,500 stores in 35 states.
Today, General Dollar is led by J.L. Turner's son, Rick Dreiling. Rick Dreiling has been with the company for over 35 years, and he has a deep understanding of the business. He is committed to continuing the legacy of his father and providing customers with a wide variety of products at low prices.
The Turner family is proud of the success of General Dollar. They are committed to continuing to grow the company and to providing customers with the best possible shopping experience.
General Dollar is a family-owned business, and this is reflected in the company's culture. The company is known for its strong sense of community and its commitment to its employees. General Dollar is also a strong supporter of the communities it serves, and the company is involved in a variety of charitable and community outreach programs.
J.L. Turner and Doris Turner, founders
J.L. Turner and Doris Turner were the founders of General Dollar. They were a married couple with a vision of creating a store that would offer a wide variety of products at low prices. They opened their first store in Nashville, Tennessee, in 1955.
J.L. Turner was born in 1919 in rural Tennessee. He started his career as a farmer, but he soon realized that he had a knack for business. He opened his first store, a small grocery store, in the early 1950s. The store was a success, and J.L. Turner soon began to expand his business.
Doris Turner was born in 1921. She was a homemaker and a mother of two children. She was also a strong supporter of her husband's business ventures. She helped J.L. Turner to manage the store and to keep the books.
In 1955, J.L. and Doris Turner opened the first General Dollar store. The store was a success from the start. Customers were drawn to the store's low prices and wide selection of merchandise. J.L. and Doris Turner continued to expand their business, and by the early 1960s, General Dollar had become a regional chain with stores in several states.
J.L. and Doris Turner were pioneers in the discount store industry. They were among the first retailers to offer a wide variety of products at low prices. They were also known for their strong work ethic and their commitment to customer service.
FAQ
Here are some frequently asked questions about General Dollar:
Question 1: Who owns General Dollar?
Answer: General Dollar is a privately held company, meaning that its shares are not publicly traded. The company is owned by the Turner family, who founded the company in 1955.
Question 2: Who founded General Dollar?
Answer: General Dollar was founded by J.L. Turner and his wife, Doris Turner, in 1955.
Question 3: How many stores does General Dollar have?
Answer: General Dollar has over 1,500 stores in 35 states.
Question 4: What kind of products does General Dollar sell?
Answer: General Dollar sells a wide variety of products, including food, clothing, household items, and health and beauty products. The company also has a strong focus on seasonal items, such as toys, candy, and decorations.
Question 5: Where is General Dollar headquartered?
Answer: General Dollar is headquartered in Norfolk, Virginia.
Question 6: Is General Dollar a publicly traded company?
Answer: No, General Dollar is a privately held company.
Question 7: What is General Dollar's mission statement?
Answer: General Dollar's mission statement is "To provide our customers with a wide variety of quality products at low prices, in a convenient and friendly shopping environment."
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We hope this FAQ has answered your questions about General Dollar. If you have any further questions, please feel free to contact us.
In addition to the information provided in the FAQ, here are some additional tips for shopping at General Dollar:
Tips
Here are some tips for shopping at General Dollar:
Tip 1: Sign up for the General Dollar Rewards program.
The General Dollar Rewards program is a free loyalty program that allows you to earn points on every purchase. You can redeem your points for discounts on future purchases.
Tip 2: Use coupons and promo codes.
General Dollar often offers coupons and promo codes that can save you money on your purchases. You can find these coupons and promo codes on the General Dollar website, in the weekly circular, and in coupon mailers.
Tip 3: Shop the clearance section.
General Dollar has a clearance section where you can find items that are marked down up to 75% off. This is a great place to find bargains on everything from clothing to household items.
Tip 4: Take advantage of General Dollar's return policy.
General Dollar has a generous return policy. You can return any item for a full refund within 30 days of purchase, no questions asked.
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By following these tips, you can save money and get the most out of your shopping experience at General Dollar.
General Dollar is a great place to find a wide variety of products at low prices. The company is committed to providing its customers with a positive shopping experience. By following the tips in this article, you can make the most of your shopping experience at General Dollar.
Conclusion
General Dollar is a privately held discount store chain based in Norfolk, Virginia. The company was founded in 1955 by J.L. Turner and his wife, Doris. General Dollar has over 1,500 stores in 35 states and is known for its wide variety of products at low prices.
General Dollar is a family-owned business with a strong commitment to its customers and its employees. The company is also a strong supporter of the communities it serves.
If you are looking for a great place to find a wide variety of products at low prices, General Dollar is a great option. The company offers a convenient shopping experience and a friendly and helpful staff.
Closing Message:
Thank you for choosing General Dollar! We appreciate your business and we are committed to providing you with the best possible shopping experience.