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Family Dollar in arrangement with Marketing Management
Matthews, N.C. -- Family Dollar Stores launched its strategic alignment with Marketing Management, Inc. (MMI) in front of more than 100 key suppliers at the company's Private Brand Summit Thursday in Charlotte, N.C. Through this exclusive on-site alignment, MMI will assist Family Dollar with private brand sourcing, product development, category analytics, assortment strategy, quality assurance and customer insights.
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Wal-Mart raises dividend; sets date for annual meeting
Bentonville, Ark. -- Wal-Mart Stores said Thursday that it is increasing its annual dividend 21% on the back of strong earnings.
The retailer last month reported a 27% increase in fourth-quarter net income as it benefited from cost-cutting and strong sales overseas. Wal-Mart said it will pay an annual dividend this year of $1.46, up from $1.21. It will pay quarterly dividends of 36.5 cents in April, June, September and January in fiscal 2012, which ends Jan. 31.