Is Dollar General Owned By Walmart In 2022? [Guide]

Dollar General operates more than 16,000 retail stores in the United States. They offer low prices on well-known brands and a wide range of products for millions of their customers.

It is possible that you are wondering whether Dollar General works independently, or if the company owns it like Walmart. Let me tell you what I discovered.

Walmart owns Dollar General

Walmart doesn’t own Dollar General. Dollar General does not belong to any large supermarket chains. Instead, it is owned by Citigroup and Kohlberg Kravis Roberts, private equity investors. Public stock investors also own dollar General as they are a publicly-traded company.

To learn more about who owns Dollar General and if they own any stores themselves, keep on reading!

Dollar General: Who owns it?

Dollar General, founded in 1939 by James Luther Turner, was initially owned by Cal Turner.

Dollar General was however acquired in 2007 by a private equity company that includes affiliates of Citigroup Private Equity, GS Capital Partners and Kohlberg Kravis Roberts.

Dollar General’s current owners include these investors and public shareholders, who have the option to purchase stock on the NYSE.

Do Dollar General own any stores or companies?

Dollar General currently does not own brands or companies that are well-known.

Dollar General has some self-owned brands, including Sweet Smiles Candy or Clover Valley Water bottles.

Dollar General did purchase, in 2016, 41 former Walmart Express locations, with designs towards turning them into Dollar General stores.

PopShelf Brand owned by Dollar General

Yes. As part of a new business venture, the Dollar General Corporation has opened a new brand known as PopShelf.

This brand is focused on a more wealthy customer base, providing more higher quality products, but still at a more affordable price.

What Stores Are Owned By Walmart?

Walmart owns a vast majority of companies worldwide, such as Asda in the UK and Seiyu in Japan. They are both highly-respected chains in the respective countries.

Walmart also holds Bonobos, which is an apparel brand they purchased in 2017, along with Moosejaw that specializes outdoor recreational gear.

Walmart Who are You?

Walmart is currently owned by the Walton family, heirs of Walmart founder Sam Walton. The company’s shares are currently traded on the public stock exchange. More than 50% of shares in the company are held by relatives.

Walton Enterprises LLC and Walton Family Holdings Trust are the firms under which their family manages shares.

To learn more about both companies, you can see our posts on Dollar General statistics, Walmart statistics, and if Walmart is a franchise.

Conclusion

No. Walmart does not own Dollar General. Instead, a Private Equity company is the owner. Walmart is the owner of a number brands worldwide, including Seiyu & Asda. However, they do not have the Dollar General brand.

.Is Dollar General Owned By Walmart In 2022? [Guide]