Content about Family Dollar Stores

October 22, 2014

Family Dollar Stores on Tuesday announced that it has certified substantial compliance with both the Federal Trade Commission’s second request regarding the acquisition by Dollar Tree, as well as the second request regarding Dollar General's bid for the company.

September 11, 2013

Family Dollar Stores has named Jeffrey W. Macak as the company’s EVP of supply chain. Macak will report to president and COO Mike Bloom.

MATTHEWS, N.C. — Family Dollar Stores has named Jeffrey W. Macak as the company’s EVP of supply chain. Macak will report to president and COO Mike Bloom.

April 10, 2013

Family Dollar Stores reported a net sales increase of 17.7% to $2.89 billion for its second quarter. Net income per diluted share for the quarter increased 5.2% to $1.21.

MATTHEWS, N.C. — Family Dollar Stores reported a net sales increase of 17.7% to $2.89 billion for its second quarter. Net income per diluted share for the quarter increased 5.2% to $1.21.

March 27, 2013

Family Dollar Stores has signed a multi-year contract with Retail Sense, a marketing software company that accelerates retail and agile marketing processes.

Tampa, Fla. – Family Dollar Stores has signed a multi-year contract with Retail Sense, a marketing software company that accelerates retail and agile marketing processes. This new partnership includes the implementation of the latest release of IntelliSense marketing resource management solutions.
 

March 25, 2013

Family Dollar Stores has named Scott Zucker to the newly created position of SVP merchandise operations.

MATTHEWS, N.C. — Family Dollar Stores has named Scott Zucker to the newly created position of SVP merchandise operations. Zucker will be responsible for driving the strategy and execution of merchandise initiatives, category management, merchandise planning and replenishment. In his new role, he will report to Michael Bloom, president and COO.

October 26, 2012

Family Dollar Stores has named Colin McGinnis to the position of SVP store operations support, store development and procurement.

MATTHEWS, N.C. — Family Dollar Stores has named Colin McGinnis to the position of SVP store operations support, store development and procurement. McGinnis will report to Barry Sullivan, EVP store operations.

October 15, 2012

Family Dollar Stores has named Jocelyn Wong to the position of SVP, chief marketing officer. Wong will report to Michael Bloom, president and COO.

MATTHEWS, N.C. — Family Dollar Stores has named Jocelyn Wong to the position of SVP, chief marketing officer. Wong will report to Michael Bloom, president and COO.

August 24, 2012

MATTHEWS, N.C. — Family Dollar Stores has named Holly Shaskey-Platek to the position of SVP merchandising. She will lead the home, apparel and seasonal divisions and report to Paul White, EVP, chief merchandising officer.

May 4, 2012

Family Dollar Stores has entered into a strategic partnership with McLane, a provider of grocery and food service supply chain solutions, to enable the retailer to offer customers a broader selection of merchandise, including refrigerated and frozen food, across the retailer’s more than 7,200 locations in 45 states.

MATTHEWS, N.C. — Family Dollar Stores has entered into a strategic partnership with McLane, a provider of grocery and food service supply chain solutions, to enable the retailer to offer customers a broader selection of merchandise, including refrigerated and frozen food, across the retailer’s more than 7,200 locations in 45 states.

April 10, 2012

Family Dollar Stores has named Mary Winston to the position of EVP and CFO.

MATTHEWS, N.C. — Family Dollar Stores has named Mary Winston to the position of EVP and CFO. Winston will report to Howard Levine, chairman and CEO, and will have executive responsibility for Family Dollar’s financial operations, including accounting, treasury, tax, financial planning, investor relations, and internal audit.

April 9, 2012

Family Dollar Stores has named Jon Broz to the position of VP and assistant general counsel, litigation.

MATTHEWS, N.C. — Family Dollar Stores has named Jon Broz to the position of VP and assistant general counsel, litigation. Broz will report to James Snyder, Jr., SVP general counsel and secretary.

“We are excited to have someone with Jon’s breadth of retail litigation experience join our team,” said Snyder. “Jon has a strong reputation for working closely with his clients and seeking creative solutions to resolve disputes quickly and cost effectively.”

December 19, 2011

Family Dollar Stores on Monday named Paul White to the position of EVP and chief merchandising officer.

MATTHEWS, N.C. — Family Dollar Stores on Monday named Paul White to the position of EVP and chief merchandising officer. White will report to Mike Bloom, president and COO.

“Through Paul’s leadership and strategic vision, Family Dollar has created a compelling mix of discretionary merchandise, which has led to a more fun place to shop for our customers,” Bloom said. “Paul’s promotion will help us continue to broaden our appeal and deliver greater value to our customers.”

September 28, 2011

Family Dollar Stores announced Wednesday that it plans to open 450 to 500 new stores in fiscal 2012, a 50% jump compared with the number of openings in fiscal 2011, and will renovate, relocate or expand over 1,000 locations.

MATTHEWS, N.C. — Family Dollar Stores announced Wednesday that it plans to open 450 to 500 new stores in fiscal 2012, a 50% jump compared with the number of openings in fiscal 2011, and will renovate, relocate or expand over 1,000 locations. The discounter also reported that its fiscal fourth-quarter net income rose 8%.

“In fiscal 2012, we intend to accelerate investments to drive sales and profitability,” said Howard Levine, chairman and CEO.

September 19, 2011

Family Dollar Stores announced that it has named Trey Johnson to the newly created position of SVP food.

MATTHEWS, N.C. — Family Dollar Stores announced that it has named Trey Johnson to the newly created position of SVP food. Johnson will report to Dorlisa Flur, EVP and chief merchandising officer.

September 13, 2011

Family Dollar Stores has found itself a way to better understand how customers respond to its in-store displays and promotions, and how they can be improved to generate more sales.

Winston-Salem, N.C. — Family Dollar Stores has found itself a way to better understand how customers respond to its in-store displays and promotions, and how they can be improved to generate more sales. The discount retailer has engaged RockTenn, manufacturer of consumer packaging solutions and BVI Networks, a provider of real-time in-store monitoring, to open the first large format "ShopperGauge" branded retail learning lab at Family Dollar Stores.

July 21, 2011

Family Dollar Stores announced that it has named Christopher Nielsen to the position of VP loss prevention. Nielsen will report to Bryan Venberg, SVP human resources.

MATTHEWS, N.C. — Family Dollar Stores announced that it has named Christopher Nielsen to the position of VP loss prevention. Nielsen will report to Bryan Venberg, SVP human resources.

April 18, 2011

Family Dollar Stores announced that it has named Brad Rogers to the position of VP real estate development.

MATTHEWS, N.C. -- Family Dollar Stores announced that it has named Brad Rogers to the position of VP real estate development. Rogers will report to Keith Gehl, SVP real estate and facilities.

“Accelerating new store growth is a key element of our strategic agenda,” said Gehl. “Through Brad’s leadership we will continue our aggressive growth in both new and existing markets to provide budget-conscious customers with a compelling shopping experience in more areas of the country.”

March 3, 2011

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.  

February 16, 2011

Family Dollar Stores received a buyout offer on Tuesday from a New York hedge fund at $55 to $60 per share, a 36% premium over yesterday’s closing price.

NEW YORK -- Family Dollar Stores received a buyout offer on Tuesday from a New York hedge fund at $55 to $60 per share, a 36% premium over yesterday’s closing price. The offer, which values the company at up to $7.6 billion, was made by Trian Group, which is headed by activist investor Nelson Peltz.The offer, which values the company at up to $7.6 billion, was made by Trian Group, which is headed by activist investor Nelson Peltz.

January 17, 2011

Family Dollar Stores announced that it has named Paul White to the position of SVP apparel, home and seasonal.

MATTHEWS, N.C. -- Family Dollar Stores announced that it has named Paul White to the position of SVP apparel, home and seasonal.  White will report to Dorlisa Flur, EVP and chief merchandising officer.

September 29, 2010

MATTHEWS, N.C. - Family Dollar Stores reported that net income per diluted share for the year ended Aug. 28, increased 26.6% to $2.62 compared with $2.07 for the year ended August 29, 2009.

MATTHEWS, N.C. - Family Dollar Stores reported that net income per diluted share for the year ended Aug. 28, increased 26.6% to $2.62 compared with $2.07 for the year ended August 29, 2009. Net income for the year increased 23% to $358.1 million compared with net income of $291.3 million in fiscal 2009.