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

Dollar General boasts over 16,000 shops across the US, which offer affordable prices on well known brands for their many millions of regular customers.

You may wonder if Dollar General is an independent company or part of a larger corporation like Walmart. Here is what I have managed to find out.

Walmart Owns Dollar General?

Walmart doesn’t own Dollar General. Dollar General isn’t owned by large grocery chains. However, the company is held in trust by Citigroup as well as private equity investors Kohlberg Kravis Roberts. Public stock investors also own dollar General as they are a publicly-traded company.

What is the Dollar General Owner?

Dollar General, which was founded in 1939 and still exists today, was first owned by Cal Turner and James Luther Turner.

Dollar General however was bought by a private investment firm in 2007 that included affiliates of GS Capital Partners (Kohlberg Kravis Roberts), Citigroup Private Capital and Citigroup PE.

Dollar General, which is currently owned by the same investors as the public shareholders can also purchase shares on the NYSE.

Does Dollar General Own Any Businesses Or Stores?

Dollar General is not currently associated with any brands or companies.

Dollar General still has several self-owned brands. They sell products in Dollar General shops, like Sweet Smiles Candy and Clover Vale Water Bottles.

Dollar General acquired 41 Walmart Express locations in 2016, with the intention of turning them into Dollar General.

Do Dollar General Own The PopShelf Brand?

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

This brand is targeted at wealthy customers. It offers more quality products while keeping the price down.

Walmart’s Stores

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 owns Bonobos apparel brand, purchased by the company in 2017; Moosejaw is a specialist in outdoor gear and was also bought in 2017.

Walmart Who are You?

Walmart is currently owned by the Walton family, heirs of Walmart founder Sam Walton. The company is now publicly traded. The family owns over 50% of the company’s overall shares.

Walton Enterprises LLC (the family managing their shares) and Walton Family Holdings Trust (the family managing their shares) are managed by the Walton Family Holdings Trust.

You can find out more about the companies by visiting our posts on Walmart statistics, Dollar General statistics, or if Walmart has a franchise.

No. Walmart doesn’t currently own Dollar General. A Private Equity firm is. 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]