Discount retailer Dollar General has promoted its chief operating officer Todd Vasos to CEO, succeeding the retiring Rick Dreiling. Vasos has been elected to the board and Dreiling will remain board chair until January 26, 2016. “On behalf of the entire board of directors, we are excited to have Todd …
Dollar General says it will open 730 new stores in 2015 and 900 new stores in 2016.
Dollar General is opening stores in three new markets—Oregon, Maine and Rhode Island—bringing its state count to 43.
The renewed offer to acquire rival Family Dollar will expire on December 31, 2014.
American Apparel, American Eagle Outfitters, Bon-Ton, Dollar General, Gordmans, JCPenney and Target are all in various stages of CEO searches.