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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 ...
As Family Dollar struggled, rival Dollar General boomed. Dollar General has opened about 1,000 stores a year, making it the fastest-growing retailer in the United States. The company has around ...
On Aug. 20 around 9:45 p.m., a robbery happened at the Family Dollar store on Harrisburg Pike. According to the criminal complaint, a masked man with a silver and black handgun selected several ...
On March 13, parent company, Dollar Tree, announced in a press release it plans to shutter nearly 1,000 Family Dollar stores after seeing declining sales in 2023.
Dollar and variety store revenue reached $77 billion in 2018. [29] As of 2018, main dollar store chains in the U.S. were Dollar General, Dollar Tree (which owns Family Dollar), the 99 Cents Only Stores, and Five Below. Increasing revenue has led to growth for dollar store chains: by 2018, Dollar Tree had 14,000 locations in the U.S., and its ...
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.