Can Dollar General Really Fill 10,000 New Jobs This Year?

Rising gas prices are grabbing the headlines after Russia's invasion of Ukraine put oil supplies in question, but inflation was running rampant well before hostilities began causing grocery store prices to soar.

In a rising cost environment, deep discount chains tend to fare well because consumers want to stretch their dollars as far as possible. Leading dollar store operator Dollar General (NYSE: DG) is looking to capitalize on the opportunity by opening 1,100 stores this year and hiring 10,000 workers at the new locations, its distribution centers, and as drivers for its private delivery fleet.

While Dollar General has long had big expansion plans on the books for a while, the addition of its new pOpshelf concept store that it wants to build out to 1,000 stores by 2025 is helping provide a new tailwind. Its footprint growth could keep it ahead of rival Dollar Tree and other discount chains, but there is a big question mark handing over the plans: Where will it get the new employees?

Source Fool.com