John Garratt will retire as CFO of Dollar General on June 2 after more than eight years with the company.
Four things to know:
1. Dollar General said it will evaluate options for its next CFO but is not currently conducting an external search.
2. The move comes at a time when Dollar General is expanding its healthcare offerings and leveraging its store locations to improve healthcare access in rural America. The retailer recently teamed with DocGo On-Demand to operate mobile clinics outside three Tennessee stores.
3. Dollar General plans to capitalize on gaps in the healthcare market and follow in the footsteps of other "retail healthcare" disruptors such as Amazon, CVS, Walgreens and Walmart.
4. In 2021, the retailer hired its first CMO, Albert Wu, MD, to strengthen relationships with healthcare providers and build a network for its customers.