7 Retailers That Are Bucking the E-Commerce Trend in 2021 - 1 of 7

 
#1 - Dollar General (NYSE:DG)

Dollar General logo

The first company on the list is one with the most aggressive store opening plans. Dollar General (NYSE:DG) plans to open 1,035 new stores in 2021. In fact, according to data released by Coresight Research, one in every three new stores to open in 2021 will be a Dollar General store.

Dollar General caters to small towns that are not serviced by big-box retailers. This gives it the ability to capture a wide demographic base.

Central to Dollar General’s plans is an expansion of its Popshelf brand which targets a higher-income consumer. The company plans to build these as stand-alone stores as well as store-in-store remodels. Dollar General is also expanding its selection of frozen meats and produce to provide options for health-conscious consumers.

In the trailing twelve months, DG stock is up 11.6%. It is down 3% in 2021 and it’s fair to wonder why. Some of it may be skepticism that the company can repeat its strong growth numbers. Another reason may be reports that a new CEO may take charge in the near future. Both of those concerns look to be overblown and the stock has been making a nice rally since March.

About Dollar General
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry products; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. Read More 

Current Price: $212.70
Consensus Rating: Buy
Ratings Breakdown: 18 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $234.23 (10.1% Upside)





MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.