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While CEO of Family Dollar in 2009, Howard R. Levine earned a total compensation of $5,612,726, which included a base salary of $948,654, a cash bonus of $1,894,615, stocks granted of $1,338,224, and options granted of $1,308,528.
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.
Getty Images Family Dollar reported a weaker-than-expected quarterly profit on Wednesday, blaming a delay in tax refunds for hurting sales at the end of January and early February. The discount ...
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.
Family Dollar's mix of name brands, and quality, private brand merchandise, appeals to shoppers in more than 7,600 stores in rural and urban settings across 45 states.
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Discount retailer Family Dollar Stores seems to be imploding. The Matthews, N.C.-based discounter was already lagging rivals Dollar General , Dollar Tree, and Wal-Mart Stores , and now it seems to ...
Discount retailer Family Dollar Stores Inc. (FDO) posted a better-than-expected profit jump during the fourth quarter as it continues to lure budget-conscious shoppers into its stores. For the ...