Content about Family Dollar

June 20, 2014

Billionaire activist investor Carl Icahn, who recently engaged in a high-profile effort to force EBay to separate its PayPal business, is now demanding that Family Dollar sell itself. Icahn, who recently disclosed he has a 9.4% stake in the discount retailer, sent an open letter to Family Dollar chairman Howard Levine saying that it is imperative the company be put up for sale immediately.

June 16, 2014

Divaris Real Estate has leased shopping center space in Richmond to two retailers and a restaurant: Family Dollar, Wilson Lee Interiors and Hanako.

June 9, 2014

Family Dollar Stores has adopted a one-year shareholder rights plan to prevent investors from gaining sizable control of the company. The move follows the disclosure on Friday that activist investor Carl Icahn has amassed a 9.39% stake in the retailer over the past two months, making him its largest shareholder.

May 1, 2014

Ten years ago, demographic experts predicted a looming talent shortage: When the massive baby boom generation retired, the small Generation X would not have enough experienced leaders and managers to fill the positions that boomers would vacate.

April 3, 2014

Family Dollar is rolling out electronic article surveillance (EAS) loss prevention technology from Checkpoint Systems across the retailer's more than 8,000 stores nationwide.

April 1, 2014

Family Dollar is expanding its food assortment with the introduction of more than 400 new food items in each of its more than 8,000 stores across the country.

March 24, 2014

Family Dollar Stores Inc. has named Brian D. Hancock to the position of senior VP supply chain. Hancock will report to Howard R. Levine, chairman and CEO.

March 7, 2014

Family Dollar Stores Inc. has joined EPA’s Energy Star program as an Energy Star partner.

January 9, 2014

Family Dollar Stores on Thursday announced that president and COO Michael Bloom has left the company to pursue other interests.

December 3, 2013

Despite the growth in e-commerce, Americans still prefer to make most holiday gift purchases in stores close to home, according to a recent national survey conducted for Family Dollar.

December 2, 2013

Shrink is an unavoidable fact of life for retailers. But by leveraging electronic article surveillance (EAS) technology that places security tags on items, retailers can minimize the frequency and financial impact of shrink.

Matthews, N.C.-based Family Dollar Stores, Inc. has been using EAS technology to reduce shrink at select high-risk locations for more than 15 years. However, about three years ago, the retailer determined that using EAS tags on higher-priced items at all of its roughly 7,900 stores would help control external shrink throughout the chain.

October 18, 2013

Mid-America Real Estate Corp.’s Net Lease Investment Group recently brokered the sale of an 8,320-sq.-ft. Family Dollar in Indianapolis.

October 16, 2013

Family Dollar on Wednesday celebrated the grand opening of its 11th distribution center, in St. George, Utah.

October 14, 2013

Family Dollar has elevated Jason Reiser to the position of senior VP/lead merchandising officer at Family Dollar, according to an internal memo from company president and COO Mike Bloom.

October 10, 2013

Family Dollar hit a major milestone in its history on Thursday as the company opened its 8,000th store, in Lancaster, S.C.

October 9, 2013

Family Dollar saw strong growth in refrigerated and frozen food, health aids and tobacco, which buoyed sales in consumables to 8.3% for the fourth quarter ended Aug. 31. Despite the increase, comparable store sales for the quarter were flat.

August 27, 2013

Let the games begin.

Retailers are gearing up for the Super Bowl of the holiday-selling season, when stores generate up to 40% of their annual sales and boost their staffs in light of the heightened shopping spree.

As technology reshapes the retail landscape at a dizzying pace, it’s also advancing the art and science of aligning sales and traffic patterns with in-store labor — particularly crucial during the make-or-break winter selling period.

July 10, 2013

Family Dollar reported lower net income in the third quarter of 2013 as its shoppers continue to hold off on discretionary spending.

June 26, 2013

A lawsuit filed against Family Dollar by Pipefitters Local No. 636 alleging that Family Dollar violated federal securities laws has been voluntarily dismissed by the plaintiff.

May 21, 2013

Family Dollar presented its annual Strategic IT Partner of the Year award to Trade Area Systems at its IT Strategic Partner.

April 24, 2013
Discount retailer Family Dollar is utilizing TAS Unity, a browser-based enterprise market knowledge system designed to aid retail real estate management from Trade AreaSystems.
March 29, 2013

RetailSense, a marketing software company that accelerates retail and agile marketing processes, announced that Family Dollar Store has signed a multi-year contract with Retail Sense.

January 18, 2013

Family Dollar increased its annual dividend by 24%. The annual payout now totals $1.04 following a decision by the retailer’s board to elevate the quarterly dividend to 26 cents a share from 21 cents a share.

October 5, 2012

Dollar General is the overall basket price leader delivering a substantial savings to value shoppers, according to Kantar Retail’s second annual opening price point (OPP) survey.

© 2014