Dollar General is building its sixth store in Centre County, which could open in Walker Township in the fall, and the company may invest more into the county.
Dollar General announced in its 2014 full-year financial report that it planned to open 730 new stores in 2015 and to relocate or remodel 875 stores. The company anticipated spending about $500 million to $550 million in capital expenses in 2015 and to continue growing in 2016.
Dollar General spokeswoman Katie Kile said in an email that the company’s expansion is to better serve customers and that a key piece of the company’s growth is choosing convenient shopping locations. She said stores serve customers in a three- to five-mile radius or within a 10-minute drive of their homes.
“Meeting our customers’ needs is our top priority when choosing locations to grow,” Kile said in an email. “We look for places where we can offer customers an easy and convenient shopping choice. We look at demographic trends, competitive factors and traffic patterns when deciding on new store locations.”
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The company also has plans to relocate its Philipsburg location to 500 N. Centre St., which Kile said could happen as soon as this summer.
“The new store will provide more space and a fresher layout, as well as the same products and prices our customer rely on,” Kile said. “We look forward to continuing to serve customers in the new store.”
The new Walker Township location, Kile said, is not part of a relocation from Bellefonte or Milesburg.
She said the store would have about 7,300 square feet of retail space and would employ six to 10 people, “depending on the individual store’s needs.”
Kile declined to say whether the company would open stores in the Centre Region, where there are two Dollar Tree stores — in the Nittany Mall and on North Atherton Street.
Dollar Tree also recently bought Family Dollar, which would give it 13,600 stores, according to a July 6 release. Dollar General opened its 12,000th store in May.
“While Dollar General does not disclose lists of potential store locations in a particular community, we are always seeking new locations,” Kile said.