The businesses plan to begin rolling out the service in more than 1,500 Dollar General stores in late summer, building to a total of more than 8,000 stores by the end of 2020.
“Dollar General is the perfect retailer to help us meet the growing need for convenient, secure drop-off and pickup options in a variety of rural communities,” said Scott Harkins, senior vice president, customer channel marketing at FedEx Services in a press statement.
“We understand customers may not always want packages delivered to a home or office. They want secure, alternate delivery options, and we’re on a mission to make that happen. We are proud to work with Dollar General to make our customers’ lives easier."
Dollar General's stock traded around $136.14 per share at time of publication, which is near its 52-week high.
FedEx Move To 7-Day Ground Delivery Will Have Costs Before Revenue Gains
Investors Back GrubHub As Amazon Shuts Down Restaurants Business
See more from Benzinga
- FedEx Express Drops Amazon, Focuses On 'Broader E-Commerce Market'
- Dollar General Shares Rise On Q1 Earnings Beat
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.