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May 23, 2013
Record results for Dollar Tree in Q1

Dollar Tree achieved the highest first-quarter operating margin in its history for the first quarter ended May 4.

CHESAPEAKE, Va. — Dollar Tree achieved the highest first-quarter operating margin in its history in the first quarter ended May 4.

Consolidated net sales for the first quarter ended May 4 were $1.9 billion, an 8% increase from $1.7 billion for the quarter ended April 28 last year. The value retailer saw a comparable store sales increase of 2% on top of a 6% increase for the first quarter last year.

April 29, 2013
Leadership changes at Family Dollar

Family Dollar has announced that EVP of supply chain Charles S. Gibson will leave the company to pursue other interests.

MATTHEWS, N.C. — Family Dollar has announced that EVP of supply chain Charles S. Gibson will leave the company to pursue other interests.
 
“Charlie has overseen the growth and development of our supply chain network and has been a valued part of our team,” said Howard R. Levine, chairman and CEO. “We appreciate the contributions Charlie has made to the company’s success, and we wish him all the best in his future endeavors.”
 

March 25, 2013
Dollar General's legal head to retire

Dollar General announced that Susan Lanigan, EVP and general counsel, has decided to retire from Dollar General later this year after nearly 11 years with the company.

GOODLETTSVILLE, Tenn. — Dollar General announced that Susan Lanigan, EVP and general counsel, has decided to retire from Dollar General later this year after nearly 11 years with the company.

February 27, 2013
Sales, earnings grow on Dollar Tree

Dollar Tree reported that consolidated net sales for the fourth quarter were $2.25 billion, a 15.4% increase compared with $1.95 billion reported for the quarter ended Jan. 28, 2012.

CHESAPEAKE, Va. — Dollar Tree reported that consolidated net sales for the fourth quarter were $2.25 billion, a 15.4% increase compared with $1.95 billion reported for the quarter ended Jan. 28, 2012. Comparable-store sales increased 2.4%, on top of a 7.3% increase for the fourth quarter 2011.

Earnings per diluted share for the fourth quarter were $1.01, an increase of 26.3% compared with the 80 cents earnings per diluted share reported for the fourth quarter 2011.

January 23, 2013
More jobs, stores ahead at Dollar General in 2013

Dollar General has big plans for growth in 2013 with the creation of 6,000 new jobs and the planned addition of 635 new stores and 550 relocations.

GOODLETTSVILLE, Tenn — Dollar General has big plans for growth in 2013 with the creation of 6,000 new jobs and the planned addition of 635 new stores and 550 relocations. With the addition of these jobs in 2013, Dollar General will have created approximately 30,000 jobs in the last six years.

December 3, 2012
Family Dollar appoints new SVP, food

Less than six months after joining Family Dollar, Tammy L. DeBoer has been named SVP of food.

MATTHEWS, N.C. — Less than six months after joining Family Dollar, Tammy L. DeBoer has been named SVP of food.

DeBoer will report to Paul White, EVP and CMO at the rapidly growing discount retailer. This latest appointment comes as the retailer has taken steps to position itself as a one-stop destination for shoppers with expanded assortments of food and consumables.

November 15, 2012
Family Dollar emphasizes budget priced brands

Family Dollar is positioning itself as a one-stop shop for families this holiday season.

MATTHEWS, N.C. — Family Dollar is positioning itself as a one-stop shop for families this holiday season.

The company plans to have in stock hundreds of toys and gifts priced at $10 or less at its more than 7,000 nationwide locations. The single price point strategy is designed to appeal to the large segment of shoppers hard-hit by the economy and who need stretch their holiday budgets.

October 12, 2012
Long-time media exec joins Dollar General board

Dollar General has named Pat Fili-Krushel to its board of directors effective Oct. 15.

GOODLETTSVILLE, Tenn. — Dollar General has named Pat Fili-Krushel to its board of directors effective Oct. 15.

October 8, 2012
Dollar General wins on basket price

Dollar General is the overall basket price leader, delivering a substantial savings to value shoppers, according to Kantar Retail's second annual opening price point survey. Walgreens, for the second year, had the most expensive total basket, driven by sharply higher edible and nonedible grocery baskets.

CAMBRIDGE, Mass. — Dollar General is the overall basket price leader, delivering a substantial savings to value shoppers, according to Kantar Retail's second annual opening price point survey. Walgreens, for the second year, had the most expensive total basket, driven by sharply higher edible and nonedible grocery baskets.

October 3, 2012
More, more, more at Family Dollar

Family Dollar said it would open 500 new stores next year following the release of record sales and profits on Wednesday morning.

Family Dollar said it would open 500 new stores next year following the release of record sales and profits on Wednesday morning.

September 19, 2012
Dollar Station

Dollar Station attracts last-minute shoppers.

September 6, 2012
More competition coming from Dollar General

If it seems like Dollar General stores are everywhere it’s because they are. And more keep coming presenting price sensitive shoppers with a viable alternative to Walmart.

If it seems like Dollar General stores are everywhere it’s because they are. And more keep coming presenting price sensitive shoppers with a viable alternative to Walmart.

September 5, 2012
The comps keep coming for Dollar General

Same store sales increased 5.1% at Dollar General during the second quarter and the company remains on track to open more than 600 new stores this year.

Same store sales increased 5.1% at Dollar General during the second quarter and the company remains on track to open more than 600 new stores this year.

Sales increased 10.4% to $3.95 billion during the second quarter ended August 3, thanks to the combination of same store sales growth and the addition of new stores. Net income increased 47% to $214 million in the second quarter compared to $146 million the prior year and earnings per share increased 52% 64 cents, inline with analysts’ consensus estimated, compared to 42 cents the prior year.

August 1, 2012
Dollar General welcomes older Americans in the work force

Older Americans who still want to participate in the work force will be welcomed by Dollar General.

GOODLETTSVILLE, Tenn. — Older Americans who still want to participate in the work force will be welcomed by Dollar General. The retailer has eaffirmed its commitment to experienced workers by supporting the American Association of Retired Persons (AARP)’s “Work Reimagined” program and the 50-plus worker pledge.

July 16, 2012
Retailing Today Insights: Family Dollar

Family Dollar is growing like a weed. To see why, click here.

Family Dollar is growing like a weed. To see why, click here.
 

March 28, 2012
Family Dollar delivers another strong quarter

Rising gas prices and a cautious consumer environment continues to benefit the dollar store, with Family Dollar being the latest example.

MATTHEWS, N.C. — Rising gas prices and a cautious consumer environment continues to benefit the dollar store, with Family Dollar being the latest example. The company reported that net income for the second quarter of fiscal 2012, ended Feb. 25, increased 10.7% to $136.4 million compared with net income of $123.2 million for the second quarter of fiscal 2011. Net income per diluted share for the quarter increased 17.3% to $1.15 compared with 98 cents for the second quarter of fiscal 2011.

May 26, 2011
Dollar General making its way to the Golden State

Dollar General announced its plans to expand its operations to California in 2012.

GOODLETTSVILLE, Tenn. — Dollar General announced its plans to expand its operations to California in 2012.

The California announcement comes on the heels of the company’s planned expansions into three new states in 2011 — Connecticut, Nevada and New Hampshire. California would be Dollar General’s 39th state.

The company said it plans to serve shoppers in rural, suburban and metropolitan markets.

March 14, 2011
Family Dollar a hot commodity

Family Dollar today showed why dollar stores are such a hot commodity right now by reporting a comparable-store sales increase of 5.1% for the second quarter ended Feb. 26.

MATTHEWS, N.C. -- Family Dollar today showed why dollar stores are such a hot commodity right now by reporting a comparable-store sales increase of 5.1% for the second quarter ended Feb. 26. Net sales for the quarter increased 8.3% to $2.26 billion from $2.09 billion last year. According to the company warmer weathr earlier in the year as well as strong performance in its consumable and seasonal categories helped drive sales. 

March 3, 2011
Family Dollar stays on course

Family Dollar Stores announced that it will continue to implement its strategic plan.

MATTHEWS, N.C. -- Family Dollar Stores announced that it will continue to implement its strategic plan. The decision was agreed upon unanimously by the company's board of directors who decided the strategic plan was the best way to deliver value to all Family Dollar shareholders.  The company also reported that it would not entertain the proposal from Trian Group to acquire Family Dollar and that pursuit of a sale of the company is not in the best interest of shareholders.  

October 11, 2010
Dollar Tree moves beyond border

The acquisition of 85 Dollar Giant stores in Canada by Chesapeake, Va.-based Dollar Tree gives...