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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.
But Family Dollar has lost ground to Dollar General, in particular due to prices: Family Dollar’s prices can be 10% to 15% higher than Dollar General’s and other discount competitors.
The days of dollar stores may soon be a thing of the past after the Dollar Tree announced it would raise the price cap in its stores again.
Technically speaking, Family Dollar has the lower price, as the per-unit cost for each scrubber is $1.17. However, Family Dollar requires you to purchase seven boxes online, which totals $24.50.
This page was last edited on 9 November 2020, at 19:28 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Around this time, Levine went solo, buying out his partner's interest in the company. By the end of 1979 Family Dollar had 380 stores in eight states. In 1974, Family Dollar moved its administrative and warehouse space to a newly built facility in Matthews, North Carolina. In 1970, Levine decided to put Family Dollar public on the stock exchange.
“This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7,” Dollar Tree CEO Rick Dreiling said during the ...
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