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Dollar General Is Going Abroad, Opening Stores in Mexico

Signage at a Dollar General store in Crestwood, Kentucky, U.S., on Thursday, Aug. 12, 2021. Dollar General is planning to expand into Mexico. 

Signage at a Dollar General store in Crestwood, Kentucky, U.S., on Thursday, Aug. 12, 2021. Dollar General is planning to expand into Mexico. 

Photographer: Luke Sharrett/Bloomberg

Dollar General Corp. is preparing its first international expansion, with plans to open as many as 10 stores in Mexico by early 2023. 

The move will help “lay the foundation for future growth,” Chief Executive Officer Todd Vasos said in a statement Thursday as the retailer reported earnings. In the U.S., the company will ramp up locations of its pOpshelf concept, which caters to higher-income customers than the company’s traditional dollar stores.