Content about Variety stores

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.

January 27, 2014

The Retail Industry Leaders Association elected Richard Dreiling, chairman and CEO of Dollar General, as the new chairman of its board of directors.

November 21, 2013

Dollar Tree Inc. reported that its net income in the third quarter fell 19%, impacted by a one -time gain a year related to selling its stake in the Ollie's Holdings chain.

October 3, 2013

It’s easy these days to get caught up in the frenzy as online sales growth outpaces total retail sales growth. But let’s not lose sight of an important fact: The physical store still remains the most crucial brand touchstone for shoppers. It’s also where the overwhelming majority of retailers still rack up their volume. And according to nearly every reputable forecast, that isn’t likely to change anytime soon.

August 12, 2013

Stephane Gonthier, COO of Canadian dollar store chain Dollarama Inc., is leaving that company to take the role of president and CEO at 99 Cents Only Stores.

May 23, 2013

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 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 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 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 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 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

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

February 22, 2012

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

December 16, 2011

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

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

October 27, 2011

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

August 30, 2011

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.

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