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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.
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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.
While the Family Dollar option works out to $0.89 per roll, the 451-sheet roll offered at Dollar Tree is two-and-half-times larger. Despite that, many people strongly favor two-ply, so it’s ...
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 ...