CNBC September 8, 2021
Key Points
– Dollar General CEO Todd Vasos said about 65% of the company’s stores are in “health deserts.”
– The deep discounter recently hired its first chief medical officer.
– “While it’s in its infancy stages, we really have an opportunity to grow that health-care side of the business — not only products in the store, but services,” Vasos said at a virtual conference hosted by Barclays.
Dollar General CEO Todd Vasos said Wednesday that the retailer is chasing business opportunities in health care for a simple reason: About 65% of the company’s stores are located in “health deserts.”
That translates to more than 10,000 stores — including many in rural areas and small towns — where customers must...
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