Family Dollar Stores reported a net sales increase of 17.7% to $2.9 billion for the second quarter ended March 2.
Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.
Select Family Dollar Stores will carry an environmentally friendly, individually-sold 3-lb firelog by Enviro-Log, the company stated.
Family Dollar stores reported a 12.7% increase in net sales and a 6.6% increase in comps in first quarter 2013, the company said.
Several retailers got top scores from a gay-rights organization for their efforts to prevent discrimination against and include lesbian, gay, bisexual and transgender employees.
Family Dollar Stores last week named as Tammy DeBoer SVP food. DeBoer will report to Paul White, EVP and chief merchandising officer.
Family Dollar on Thursday announced it is expanding its holiday selection to include hundreds of toys and gifts retailing for $10 or less.
Family Dollar Stores has named Colin McGinnis to the position of SVP store operations support, store development and procurement. McGinnis will report to Barry Sullivan, EVP store operations.
Family Dollar Stores has named Jocelyn Wong to the position of SVP, chief marketing officer. Wong will report to Michael Bloom, president and COO.
Family Dollar has inked a partnership with a national leader in health-and-wellness solutions to further drive the retailer's commitment to proactively engage in activities that encourage healthy living.