Park Forest, IL-(ENEWSPF)- Chicago area developer Millco Investments acquired 1.25 acres of a 3.5 acre site July 23, 2013 in south suburban Park Forest. The acreage, located at 10 Main Street marks the gateway to Park Forest’s four-block central business district and is slated to become the site of a Dollar General store later this year. Plans for the new store call for the construction of a 9,100sf facility adjacent to First Midwest Bank, at the corner of Main Street and Western Avenue.
Park Forest Mayor John A. Ostenburg says residents of the neighborhood are excited to see ground breaking at the site and look forward to the store’s presence in the community. “We welcome Dollar General to Park Forest and hope the store has much success and longevity in town. It is always nice to have more local options for our residents to do business with.”
Dollar General joins eighty-three businesses in Park Forest’s DownTown business district including Walgreens, CVS, First Midwest Bank and Chase Bank.
Officials with Dollar General hope to open the new Park Forest location prior to the start of the 2013 holiday season.
About Dollar General
Dollar General Corporation (NYSE: DG) is the largest discount retailer in the United States by number of stores with over 10,700 neighborhood stores in 40 states. Dollar General helps shoppers Save time. Save money. Every day!(R) by offering quality private and national branded items that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at everyday low prices in convenient neighborhood stores. Dollar General is among the largest retailers.
Dollar General reported record sales, operating profit and net income for its fiscal 2013 first quarter (13 weeks) ending May 3, 2013. "Net sales increased 8.5 percent to $4.23 billion in the 2013 first quarter compared to $3.90 billion in the 2012 first quarter. For the quarter, we achieved same-store sales growth of 2.6 percent reflecting strong growth in our consumables categories offset by softer sales in seasonal and weather-sensitive categories," said Rick Dreiling, Dollar General’s chairman and chief executive officer.
