Retail

Dollar General CEO says majority of its stores are in ‘health deserts’

0


A sign inside a Dollar General store in Chicago.

Jim Young | Reuters

Dollar General CEO Todd Vasos said Wednesday that the retailer is chasing business opportunities in health care for a simple reason: About 65% of the company’s stores are located in “health deserts.”

That translates to more than 10,000 stores — including many in rural areas and small towns — where customers must drive long distances to get medical care, Vasos said.

He said the retailer is in a prime position to change that.

“While it’s in its infancy stages, we really have an opportunity to grow that health-care side of the business — not only products in the store, but services,” he said at a virtual conference hosted…



Source cnbc.com

0 0 votes
Article Rating

A key choice awaits China — money or principles

Previous article

Solar should be nearly half of electricity supply by 2050

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Retail