Dollar General on Monday (Sept. 27) announced it plans to open a store next spring in Idaho, giving the discount retail chain a presence in 47 U.S. states when the outpost on N. Old Highway 95 in Athol (Kootenai County) opens.
“Dollar General is committed to helping customers save time and money on everyday essentials, and we look forward to bringing our convenience and value to Idaho shoppers,” said Dan Nieser, Dollar General’s senior vice president of real estate and store development, in the company announcement.
“In addition to providing affordable access to Idahoans, we are equally excited to create new career opportunities for local residents,” he said. “We look forward to welcoming new customers into our first Idaho store when the project is completed early next year.”
Dollar General sells products of all sorts, from health and beauty products to home cleaning supplies to housewares, stationery and seasonal items. The stores also offer milk and dairy products, bread, frozen and canned vegetables, canned fruits, grains and more.
Dollar General has more than 17,600 stores across the U.S. as of July, with about 75% of the American population living within five miles of a Dollar General store.
Related: Report: Personal Loans Help 36M Paycheck-To-Paycheck Consumers Stay Afloat
According to PYMNTS research conducted in collaboration with LendingClub, 43 million U.S. millennials live paycheck to paycheck, and 49% of consumers in all generational groups report such issues.
The September edition of PYMNTS’ Reality Check: The Paycheck-To-Paycheck Report shows that, although consumers of all financial backgrounds take out personal loans, doing so is especially common among those living paycheck to paycheck.
Fifty-four percent of consumers living paycheck to paycheck say they have taken out at least one personal loan, compared to 46% of those not living paycheck to paycheck who have done the same.
PYMNTS research shows that 53% of consumers who have taken out personal loans say that they have less than $2,500 in savings and therefore might struggle to manage unforeseen expenses.