Family Dollar

  • Family Dollar a hot commodity

    MATTHEWS, N.C. — Family Dollar reported Monday a comparable-store sales increase of 5.1% for the second quarter ended Feb. 26. Net sales for the quarter increased 8.3% to $2.26 billion, from $2.09 billion last year. According to the retailer, warmer weather earlier in the year, as well as strong performance in its consumables and seasonal categories, helped drive sales.

  • Recognizing the value of a dollar store

    CITY OF COMMERCE, Calif. — First it was Family Dollar; now 99 Cents Only Stores finds itself in buyout talks, as investors are seeing the value in discount store chains.

  • Family Dollar rejects takeover bid, boosts private-label efforts

    MATTHEWS, N.C. — Family Dollar on Thursday said "no thanks" to an active investor's takeover bid.

    The discount retailer said the buyout offer of $55 to $60 per share, made by Nelson Peltz's Trian Fund, "undervalued" the company. Family Dollar did, however, strike a deal with Marketing Management to help boost its private-label efforts.

    Through this strategic alliance, MMI will help Family Dollar with such private-label issues as sourcing, product development, category analytics, assortment strategy, quality assurance and customer insights.

  • Family Dollar names SVP apparel, home and seasonal

    MATTHEWS, N.C. — Family Dollar Stores announced that it has named Paul White to the position of SVP apparel, home and seasonal. White will report to Dorlisa Flur, EVP and chief merchandising officer.

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