Is Dollar General Owned By Walmart In 2024?

By Phillip Adcock
Last updated: Dec 7, 2023
Does Walmart Own Dollar General

As you know, Dollar General is a well-known discount retail company in America. The business sells many items, including beauty, health and food products, household stuff, and other items.

And Walmart is known as an international retail company with more than 200 million customers thanks to its online shopping and supermarket chains.

Does Walmart Own Dollar General?

No, the latter one does not own or has ever owned the former enterprise. 

The Dollar General, however, is not possessed by any of the major grocery chain systems but rather by private equity such as Citigroup and Kohlberg Kravis Roberts. Public stockholders also own it because it is one publicly traded corporation.

Who Owns General Dollar Stores?

It was founded in 1939 by Cal Turner and James Luther Turner.

On the other hand, it was procured in 2007 by one private equity company composed of associates from Citigroup Private Equity, Kohlberg Kravis Roberts, and GS Capital Partners.

Now, it is under the control of many investors and public stockholders who could purchase the amount of inventory on the NYSE.

Is Dollar General The Owner Of Any Stores?

Is Dollar General The Owner Of Any Stores

This firm somehow doesn’t currently possess any well-known brands or businesses.

It may, however, run a group of self-brands, including Clover Valley Bottles and Sweet Smiles Candy. They sell goods in a large number of shops. The company also recently bought 41 Walmart Express sites in 2016, with plans to convert them into its famous shops.

The latter firm recently announced that this company has agreed to be obtained by affiliates from KKR Corporation in a payment worth an estimated $7.3 billion, along with $380 million in total debt.

What Stores Does Walmart Own?

It owns many businesses worldwide, including Asda in the United Kingdom and the Seiyu branch in Japan. Both are extremely popular in their home nations.

This corporation also possesses Bonobos, one apparel brand, and Moosejaw, a famous outdoor recreational equipment company. Both were acquired in 2017.


While Dollar General doesn’t presently own any well-known brands, Walmart has created several serious efforts to acquire bigger brands.

Given its record of success in executing such buy-outs, the retail company will surely consolidate its position on its lineup.

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* Disclaimer: We do not buy, sell or provide service, we only share with you our trusted sources, and experience. In case of any changes in the products or services of the companies, all the information below is supposed to change at any time.

Phillip Adcock is the founder and Managing Director of the research agency Shopping Behaviour Xplained (SBXL), a shopping research organization using psychological consumer insight to explain and help consumers answer their questions about stores and services.

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