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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.
In 1996, Levine rejoined Family Dollar and served in various positions until he became Chief Executive Officer in August 1998. [4] In July 2014, Levine oversaw the buyout of Family Dollar by Dollar Tree in a deal totaling $8.5 billion. [5] Levine remained with the company following the merger and was appointed to Dollar Tree's board of ...
The company grew rapidly; by 1961, Family Dollar had expanded into neighboring South Carolina. In 1962, Family Dollar did some $2 million ($19.9 million in 2023 money) in business, and moved into the Augusta, Georgia market. Around this time, Levine went solo, buying out his partner's interest in the company.
Cal Turner Jr. was born on January 25, 1940, to Laura and Cal Turner. [1] [2] He is the son of Cal Turner, the founder of Dollar General. [3]He has three siblings, including a sister, Laura Dugas. [4]
In the 1930s, Scottish-American industrialist Stanley Dollar constructed an estate in Tice Creek Valley near Walnut Creek in Contra Costa County, where the Dollar family bred Hereford cattle and raised show horses. The estate expanded from 1,436 acres (5.8 km 2) to 2,200 acres (8.9 km 2). [1] [2]
In 1964 James died at the age of 73. J.L. Turner and Son turned into Dollar General Corporation in 1968 under his son Cal Turner. His grandson, Cal Turner Jr., established the Dollar General Literacy Foundation in his honor. [6] [2]
His father, August Caruso, worked in the landscape business and decided that the weather in the Mid-Atlantic was problematic and moved the family to Los Angeles, California in the mid-1920s. They first moved to East Los Angeles but soon settled in the Silver Lake neighborhood where Henry and his brothers, Albert and Lawrence, were raised.
1936 Bon Voyage Banquet for Mr & Mrs Joe Shoong & family. As a strategy for keeping prices low, Shoong had most of the stores’ merchandise manufactured in a company-owned factory in San Francisco's Chinatown rather than importing goods from outside of the U.S. [8] In an interview for the Oakland Tribune in 1924, Shoong explained, “From manufacturer direct to the consumer, is the plan ...