Content about Dollar coin

April 10, 2014

Family Dollar Stores on Thursday reported that for the second quarter of fiscal year 2014 ended March 1, net sales totaled $2.7 billion, representing a decline of 6.1%.

MATTHEWS, N.C. — Family Dollar Stores on Thursday reported that for the second quarter of fiscal year 2014 ended March 1, net sales totaled $2.7 billion, representing a decline of 6.1%. Earnings per diluted share in the second quarter of fiscal 2014 were $0.80 as compared to $1.21 in the second quarter of fiscal 2013. 

Comparable store sales for the 13-week period decreased 3.8% as a result of decreased customer transactions, partially offset by an increase in the average customer transaction value.

April 10, 2014

Fred's Super Dollar on Wednesday reported sales of $191.2 million, up 1%, for the five-week fiscal month of March ended April 5, 2014.

MEMPHIS, Tenn. — Fred's Super Dollar on Wednesday reported sales of $191.2 million, up 1%, for the five-week fiscal month of March ended April 5, 2014.

Comparable store sales for the month decreased 1.2% compared with a decrease of 3% in the prior-year period.

February 26, 2014

Dollar Tree on Wednesday posted sales of $2.2 billion for the fourth quarter ended Feb. 1, down slightly by 0.9%.

CHESAPEAKE, Va. — Dollar Tree on Wednesday posted sales of $2.2 billion for the fourth quarter ended Feb. 1, down slightly by 0.9%. However, fourth quarter 2012 included 13 weeks as compared to the 12-week period for fiscal 2013. 

For fiscal year 2013, the company's consolidated net sales were $7.8 billion, up 6.1%. Comparable store sales increased 2.4%. Fiscal 2012 included 53 weeks, as compared with 52 weeks in fiscal 2013.

Comparable store sales increased 1.2%. 

December 5, 2013

Dollar General on Thursday reported $4.4 billion in sales, up 10.5%, for the company's third quarter ended Nov. 1.

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported $4.4 billion in sales, up 10.5%, for the company's third quarter ended Nov. 1. Same-store sales increased 4.4%, with increases in both customer traffic and average transaction value, the dollar store operator reported.

December 2, 2013

Dollar General before the Thanksgiving holiday refuted a recent U.S. PIRG Education Fund study — Trouble in Toyland 2013 — which suggested a toy jewelry ring set that tested twice the legal limit for lead was sold at Dollar General stores.

GOODLETTSVILLE, Tenn. — Dollar General before the Thanksgiving holiday refuted a recent U.S. PIRG Education Fund study — Trouble in Toyland 2013 — which suggested a toy jewelry ring set that tested twice the legal limit for lead was sold at Dollar General stores. 

"This product is not currently, nor has ever been, sold in Dollar General stores," the dollar store operator said. 

October 14, 2013

One consequence of the government shutdown may be the erosion of consumer confidence among the poor, noted dollar store operator Howard Levine, executive chairman and CEO of Family Dollar, in a conference call with analysts last week.

MATTHEWS, N.C. — One consequence of the government shutdown may be the erosion of consumer confidence among the poor, noted dollar store operator Howard Levine, executive chairman and CEO of Family Dollar, in a conference call with analysts last week. "The way I think about these kind of things is it's just not a help to consumer confidence," he said. "The threat of the shutdown, the uncertainty regarding some of the government assistance that our consumers impact, the uncertainty around job growth are very real to our customer everyday."

October 11, 2013

It's been the week of the dollar store. Dollar General opened store No. 11,000 last week, and Family Dollar continues to reinvent its brand relevance with the consumer as the company posted monster gains for its fiscal fourth quarter and the year, driven by store experimentation, remodels and the introduction 1,000 SKUs, including many health and beauty items.

It's been the week of the dollar store. Dollar General opened store No. 11,000 last week, and Family Dollar continues to reinvent its brand relevance with the consumer as the company posted monster gains for its fiscal fourth quarter and the year, driven by store experimentation, remodels and the introduction 1,000 SKUs, including many health and beauty items. 

October 7, 2013

Dollar General on Saturday opened its 11,000th store, further distinguishing the dollar-store operator as the retailer with the most stores in the United States, the company announced.

GOODLETTSVILLE, Tenn. — Dollar General on Saturday opened its 11,000th store, further distinguishing the dollar-store operator as the retailer with the most stores in the United States, the company announced. 

September 5, 2013

Fred's Super Dollar posted sales of $140 million for the four weeks ended Aug. 31. Sales were $139.9 million in the year-ago period.

MEMPHIS, Tenn. — Fred's Super Dollar on Wednesday posted sales of $140 million for the four weeks ended Aug. 31. Sales were $139.9 million in the year-ago period. 

Comparable-store sales for the month were approximately flat versus a decline of 2.8% in the same period last year.

"Sales were adversely affected by an unfavorable calendar shift, with no first of the month in fiscal August," stated Bruce Efird, Fred's CEO. "Despite this shift, several departments performed well in August, most notably pharmacy," he said. 

September 4, 2013

Dollar General on Wednesday posted net sales of $4.4 billion for the second quarter ended Aug. 2, up 11.3%.

GOODLETTSVILLE, Tenn. — Dollar General on Wednesday posted net sales of $4.4 billion for the second quarter ended Aug. 2, up 11.3%. 

“Dollar General delivered another solid quarter. Our same-store sales growth for the second quarter of 2013 accelerated to 5.1%," stated Rick Dreiling, Dollar General chairman and CEO. "We are very pleased with the increase in customer traffic in our stores. We continue to grow our market share and believe that our second-quarter results position us well to deliver our financial outlook for the year."

August 23, 2013

Dollar Tree generated 3.7% in same-store sales for its second quarter ended Aug. 3, beating analyst estimates, and recorded $1.9 billion in consolidated net sales, an 8.8% increase.

CHESAPEAKE, Va. — Dollar Tree generated 3.7% in same-store sales for its second quarter ended Aug. 3, beating analyst estimates, and recorded $1.9 billion in consolidated net sales, an 8.8% increase. 

Shares of Dollar Tree closed Thursday at $53.13, 88 cents higher than the previous close. 

July 8, 2013

Operation Homefront and Dollar Tree on Monday joined forces for the upcoming pre-school season to gather school supplies for military children across the country.

SAN ANTONIO — Operation Homefront and Dollar Tree on Monday joined forces for the upcoming pre-school season to gather school supplies for military children across the country. Beginning Tuesday, supplies can be purchased by customers at the more than 4,000 Dollar Tree and Deal$ stores nationwide and placed in collection boxes in each store. 

The Back to School Brigade program is a nationwide campaign by Operation Homefront and Dollar Tree, now in its sixth season. Last year, Dollar Tree patrons donated more than $3 million of supplies nationwide.

June 10, 2013

Dollar Tree on Monday announced the promotion of Gary Philbin, 56, to the position of president and COO. He has served as COO since 2007.

CHESAPEAKE, Va. — Dollar Tree on Monday announced the promotion of Gary Philbin, 56, to the position of president and COO. He has served as COO since 2007.

June 6, 2013

Fred's Super Dollar posted sales of $152.4 million, up 0.2%, for the four weeks ended June 1.

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday posted sales of $152.4 million, up 0.2%, for the four weeks ended June 1. Comparable store sales for the month decreased 0.5% compared with an increase of 1.3% in the same period last year.

June 4, 2013

Dollar General increased net sales by 8.5% to $4.2 billion for its first quarter ended May 3, the dollar operator reported Tuesday.

GOODLETTSVILLE, Tenn. — Dollar General increased net sales by 8.5% to $4.2 billion for its first quarter ended May 3, the dollar operator reported Tuesday. 

“For the quarter, we achieved same-store sales growth of 2.6%, reflecting strong growth in our consumables categories offset by softer sales in seasonal and weather-sensitive categories,” stated Rick Dreiling, Dollar General’s chairman and CEO. “We believe the continued strength in consumables is a sign of the underlying health of our business.”

June 3, 2013

In June, Dollar General will be partnering with Procter & Gamble to celebrate soldiers making a difference in their communities after returning from service as part of its Every Day Heroes program, the dollar channel operator announced.

GOODLETTSVILLE, Tenn. — In June, Dollar General will be partnering with Procter & Gamble to celebrate soldiers making a difference in their communities after returning from service as part of its Every Day Heroes program, the dollar channel operator announced Monday. Dollar General will feature decorated veteran Sparky Edwards in a national campaign thanking the nation’s military across the country.

April 11, 2013

Fred's Super Dollar reported total sales of $190.4 million for the five weeks ended April 6, down 2% from the comparable year-ago period.

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday reported total sales of $190.4 million for the five weeks ended April 6, down 2% from the comparable year-ago period. 

Comparable store sales for the month decreased 3% compared with flat store sales in the same period last year.

January 2, 2013

The retailer has grown steadily according to president and CEO Bob Sasser, leading the company to expand its Marietta, Okla. distribution center.

CHESAPEAKE, Va. — "Dollar Tree has grown steadily for 26 years,” said Bob Sasser, president and CEO of Dollar Tree. That steady growth has led Dollar Tree to expand its Marietta, Okla. distribution center by 400,000 sq. ft., the company announced.

The facility in Marietta opened in 2003 and is currently 603,000 sq. ft. This facility supplies products to our stores across eleven states, including all of Oklahoma, Kansas, Colorado, New Mexico and Texas, and portions of Louisiana, Arkansas, Missouri, Nebraska, South Dakota, Wyoming and Montana.

October 8, 2012

Only 58% of consumer packaged goods executives view dollar stores as a strategic channel, according to Deloitte’s new "Dollar Store Strategies for National Brands" study.

NEW YORK — Only 58% of consumer packaged goods executives view dollar stores as a strategic channel, according to Deloitte’s new "Dollar Store Strategies for National Brands" study. Deloitte advises that CPG companies may not be keeping pace with the explosive growth of the $56 billion dollar store industry, and should act now to maximize market share and profits.

In other survey highlights:

April 5, 2012

Fred's on Thursday reported total sales of $194 million for the five weeks ended March 31, up 3% from the year-ago period.

MEMPHIS, Tenn. — Fred's on Thursday reported total sales of $194 million for the five weeks ended March 31, up 3% from the year-ago period. Comparable-store sales for the month were flat versus an increase of 0.7% in the same period last year.

December 12, 2011

Beauty market research company the NPD Group recently reported that total prestige makeup dollar sales in U.S. department stores were on the rise during the first 10 months of 2011, and gift sets proved to be no exception.

Beauty market research company the NPD Group recently reported that total prestige makeup dollar sales in U.S. department stores were on the rise during the first 10 months of 2011, and gift sets proved to be no exception.

Between January and October, total prestige makeup dollar sales in U.S. department stores were $2.8 million, an increase of 8% in dollars compared with the same time last year. All prestige segments saw dollar growth.

December 5, 2011

To deliver the value of a supercenter with the convenience of a drug store — that is the essence of the Dollar General strategy.


NASHVILLE, Tenn. — To deliver the value of a supercenter with the convenience of a drug store — that is the essence of the Dollar General strategy.


August 30, 2010

Sales and profits at Dollar General grew at a healthy pace during the second quarter...

GOODLETTSVILLE, Tenn. Sales and profits at Dollar General grew at a healthy pace during the second quarter as the company’s value proposition resonated with cost-conscious shoppers.

March 14, 2010

While Sunday morning news pundits debate the effectiveness of the economic stimulus package Congress and...

March 14, 2010

While Sunday morning news pundits debate the effectiveness of the economic stimulus package that Congress...