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Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 when its headquarters operations were moved from Matthews, a suburb of Charlotte, North Carolina, to Chesapeake, Virginia, located in South Hampton Roads.
The fate of New Mexico Family Dollar stores is unknown as corporate owners look to close 1,000 locations across U.S. in 2024 due to underperformance.
While CEO of Family Dollar in 2009, Howard R. Levine earned a total compensation of $5,612,726, which included a base salary of $948,654, a cash bonus of $1,894,615, stocks granted of $1,338,224, and options granted of $1,308,528. [8]
Family Dollar was hit with a record $41.6 million fine by the Justice Department this year for violating product safety standards after selling items that were stocked in a rat-infested warehouse ...
Family Dollar caters predominantly to low-income customers in urban areas, while Dollar Tree offers slightly more expensive items. Burt Flickinger III, a retail expert, investor, and managing ...
Dollar Tree announced on March 13 it would close 600 Family Dollar stores in the first half of fiscal 2024, and 370 additional stores as their leases expire, according to a press release. Dollar ...
Dollar General Corporation is an American chain of discount stores headquartered in Goodlettsville, Tennessee.As of January 8, 2024, Dollar General operated 19,643 stores [1] [2] in the contiguous United States and Mexico.
Same-store sales for the company’s Dollar Tree brand rose 1.7% while Family Dollar sales climbed only 0.1%. Enterprise sales rose 1%. Revenue rose to $7.63 billion, up about 4% from $7.32 ...