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1955 | FIRST DOLLAR GENERAL OPENS. Cal Turner, Sr. became intrigued by the “Dollar Days” sales big department stores in Nashville and Louisville would tout with big, full-color newspaper ads. He reasoned that if they could afford to make that advertising spend each month, it must be paying off. His idea?
- DG History – Dollar General Newsroom
In 1977, Cal Turner Jr., who joined the company in 1965 as...
- DG History – Dollar General Newsroom
In 1977, Cal Turner Jr., who joined the company in 1965 as the third generation Turner, succeeded his father as president of Dollar General. Cal Turner Jr. led the company until his retirement in 2002. Under his leadership, the company grew to more than 6,000 stores and $6 billion in sales.
Though stepping down in 2002 before the company peaked, Cal Turner Jr. firmly established Dollar General stores as a fixture in communities across America during his influential 25 years guiding the retail pioneer.
In 1955, Cal Turner developed his idea of a retail store selling goods for a dollar, based on the Dollar Days promotions held at other department stores, by converting Turner's Department Store in Springfield, Kentucky, into the first Dollar General Store. [18]
Nov 19, 2018 · In this excerpt from his memoir, Cal Turner Jr., a 1962 Vanderbilt graduate who was Dollar General’s CEO from 1965 to 2003, discusses the breakthrough concept that helped launch a small-town ...
Feb 15, 2024 · In 1977, Cal’s son, Cal Turner Jr., took over the operation of the company from his father and led it until his retirement in 2002. Under Cal Jr.’s leadership, Dollar General expanded even further, boasting 6,000 stores and $6 billion in sales.
May 10, 2023 · Founded in 1939 by J.L. Turner and his son Cal Turner Sr., Dollar General has grown to become a household name and a favorite among bargain shoppers across the country. In this article, we will explore the history of Dollar General and how the company has achieved superior stock growth over the years.
