Content about Variety stores

May 23, 2013
Dollar Tree has record Q1 sales

Dollar Tree reported record net sales for first quarter 2013, with consolidated net sales of $1.87 billion, an 8% increase from $1.72 billion during the same quarter of the prior year.

March 13, 2013
CenterMark to build first free-standing Dollar Tree in Cleveland

CenterMark Development has announced plans to build a 10,010-sq.-ft. Dollar Tree store in Cleveland, the first ground-up construction of a free-standing Dollar Tree store in the City of Cleveland.

February 27, 2013
Dollar Tree posts larger-than-expected Q4 profit

Dollar Tree Inc. reported a bigger-than-expected profit of $228.6 million for the quarter ended on Feb. 2, up from $187.9 million in the year-ago period.

January 23, 2013
Dollar General to open 635 stores in 2013

Dollar General Corp. will open 635 new stores in 2013, creating some 6,000 jobs. The chain will also relocate 550 stores this year.

January 2, 2013
Dollar Tree to expand distribution center

Dollar Tree has announced that it intends to expand its distribution center in Marietta, Oak., by an additional 400,000 sq. ft. More than 100 full time positions will be created as a result of the expansion.

November 20, 2012
Fred’s Q3 income falls 27%

Fred's said third-quarter net income dropped 27% amid rising costs and declining same-store sales, as sales in its established stores dropped and its costs rose.

September 21, 2012
Focus on: Real Estate Technology

Retail has weathered the recessionary climate, but a quick temperature check will tell you that renovations continue to trump new builds even in a recovering economy.

June 28, 2012
Family Dollar Q3 profit up 12%; on track for 450-500 stores in 2012

Family Dollar Stores Inc. reported that profit for the quarter ended May 26 rose 12.1% to $124.5 million, compared with $111.1 million in the year-ago period.

June 5, 2012
Family Dollar to add Redbox kiosks to stores nationwide

Family Dollar Stores said it has entered into a multi-year agreement with Coinstar to provide Redbox kiosks at Family Dollar locations across the United States.

June 4, 2012
Dollar General Q1 profit jumps 36%; on track for 625 new stores and 550 remodels

Dollar General Corp. reported a 36% jump in quarterly profit and raised its expectations for the year as its momentum continued.

February 22, 2012
Keeping Family Dollar Stores on Fast Track

After 30 years in the drug store sector, Michael Bloom left CVS Caremark in September 2011 to become president and COO of Family Dollar Stores. The extreme-value chain has adopted an aggressive growth strategy in recent years, and plans to open 450 to 500 stores in 2012.

Family Dollar is equally committed to improving existing locations. Under its ambitious store-reinvention program, an estimated 1,000 locations are scheduled to be renovated, relocated or expanded this year.

January 23, 2012
Family Dollar on track for 450 to 500 stores this year

Family Dollar plans to continue aggressive growth in the current fiscal year, with 450 to 500 new stores on tap, CEO Howard Levine said at the company's annual shareholder meeting Thursday, The Charlotte Observer reported.

January 6, 2012
Family Dollar Q1 profit up 8%, revenue misses Street

Family Dollar Stores Inc. reported that its first quarter profit rose 8% to $80.4 million, compared with $74.3 million in the year-ago period.

January 4, 2012
Dollar General to open 625 stores in 2012; will enter California with 50 locations

Dollar General plans to open 625 stores and add more than 6,000 new jobs in 2012.

December 16, 2011
Daiso opens eleventh Bay Area store

Japanese discounter Daiso has opened its eleventh Bay Area location – a pop-up store – at Alameda South Shore Center, a shopping center owned by Jamestown.

December 5, 2011
Study: Dollar store boom good for retail landlords

The combined store count of the four national dollar store (or extreme value) chains has now surpassed that of the three biggest national drugstore chains, according to a new report by Colliers International.

November 17, 2011
Dollar Tree net income rises 12% in Q3

Dollar Tree reported that profit for the third quarter rose 12.1% to $104.5 million, from $93.2 million a year earlier.

October 27, 2011
Dollar Tree commits to four new locations in New York

SRS Real Estate Partners said that Dollar Tree/Deal$ has leased four new retail spaces, all in New York.

August 30, 2011
Dollar General Q2 profit edges up, to expand into three states, and launch e-commerce

Dollar General Corp. reported Tuesday that its second-quarter net income rose 3.5% to $146 million from $141.2 million in the year-ago period.

August 18, 2011
Dollar Tree profit rises 22% in Q2

Dollar Tree reported Thursday that net income for the quarter ended July 31 surged 21.7% to $94.9 million, compared with $78 million in the year-ago period.

August 11, 2011
Family Dollar opens 7,000th store

Family Dollar said Thursday it has opened its 7,000th store -- on South Highland St. in Memphis, Ten.

August 9, 2011
99 Cents Only Stores Q1 profit up, to open 16 new stores

Discount retailer 99 Cents Only Stores reported Monday that net income for the quarter ended July 2 rose to $17.7 million, from $16.8 million in the year earlier period.

July 5, 2011
Dollar Tree opens at Villa Monaco

Centro Properties Group US announced Tuesday that Dollar Tree has opened a new store in Denver.

June 29, 2011
Family Dollar Q3 profit up, misses Street

Family Dollar Stores' third-quarter net income increased 6.5% as broader markdowns drew more store traffic. Its results, however, fell short of analysts' expectations.

June 1, 2011
Dollar General Q1 profit climbs 15%, on track to open 625 stores

Dollar General Corp. reported Wednesday that profit for the quarter ended April 29 surged 15% to $157 million, compared with $136 million in the year-ago period.

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