Content about Family Dollar Stores

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.

March 24, 2014

Family Dollar Stores on Monday named Brian Hancock to the position of SVP supply chain. Hancock will report to Howard Levine, Family Dollar chairman and CEO.

MATTHEWS, N.C. — Family Dollar Stores on Monday named Brian Hancock to the position of SVP supply chain. Hancock will report to Howard Levine, Family Dollar chairman and CEO.

January 9, 2014

Family Dollar Stores on Thursday announced that it has promoted Jason Reiser to the position of EVP - chief merchandising officer. Reiser will report to Howard Levine, chairman and CEO.

MATTHEWS, N.C. — Family Dollar Stores on Thursday announced that it has promoted Jason Reiser to the position of EVP - chief merchandising officer. Reiser will report to Howard Levine, chairman and CEO. 

The company also noted that president and COO Michael Bloom has left the company to pursue other interests. The company will conduct a search for a new president and COO. 

December 2, 2013

Family Dollar Stores last week announced that Jeffrey Macak, EVP supply chain, has resigned from the company for personal reasons, effective Nov. 27.

MATTHEWS, N.C. — Family Dollar Stores last week announced that Jeffrey Macak, EVP supply chain, has resigned from the company for personal reasons, effective Nov. 27. 

The dollar store operator intends to conduct a search for Macak’s replacement.

Macak had been named to the post in September. He had come from Bed Bath & Beyond, where he served as VP global supply chain for 13 years. 

 

 

November 5, 2013

Family Dollar president and COO Mike Bloom will be featured on the CBS award-winning reality series, "Undercover Boss" this Friday, Nov. 8 at 8 p.m. EST.

CHARLOTTE, N.C. — Family Dollar president and COO Mike Bloom will be featured on the CBS award-winning reality series, "Undercover Boss" this Friday, Nov. 8 at 8 p.m. EST. For the episode, Bloom went undercover in several Family Dollar stores and at one of the company's distribution centers, where he worked a variety of jobs alongside company team members. 

September 11, 2013

Family Dollar Stores has named Jeffrey Macak as EVP supply chain, reporting to Mike Bloom, president and COO.

MATTHEWS, N.C. — Family Dollar Stores has named Jeffrey Macak as EVP supply chain, reporting to Mike Bloom, president and COO.

For the last 13 years, Macak has served as VP global supply chain for Bed Bath & Beyond, where he was responsible for the supply chain, logistics and distribution of goods for the company and its subsidiaries.

July 15, 2013

Family Dollar Stores on Wednesday named Jason Reiser to the position of SVP merchandising where he will have executive responsibility for the company’s health, beauty, personal care and household teams. Reiser comes to Family Dollar from Sam’s Club, where he spent more than 17 years in a variety of roles, most recently serving as VP merchandising, health and family care.

Jason Reiser is one of the brightest young merchandising executives in this industry and has proven a knack for making health and wellness relevant and exciting to shoppers in alternative channels — Reiser was instrumental in developing and implementing Sam's Club's three-pillar strategy around Awareness, Prevention and Solutions. Expect Reiser to bring some innovation in the way health and wellness is sold in a dollar store environment.

Family Dollar Stores on Wednesday named Jason Reiser to the position of SVP merchandising, where he will have executive responsibility for the company’s health, beauty, personal care and household teams. Reiser comes to Family Dollar from Sam’s Club, where he spent more than 17 years in a variety of roles, most recently serving as VP merchandising, health and family care. 

July 10, 2013

Family Dollar Stores named Jason Reiser to the position of SVP merchandising. Reiser will replace John Scanlon, who retired from the company at the end of March.

MATTHEWS, N.C. — Family Dollar Stores on Wednesday named Jason Reiser to the position of SVP merchandising. Reiser will replace John Scanlon, who retired from the company at the end of March.

July 10, 2013

Family Dollar Stores on Wednesday reported a net sales increase of 9% to $2.6 billion for third quarter ended June 1, reaching the upper end of the discount chain's guidance. Comparable store sales in the quarter increased 2.9%.

MATTHEWS, N.C. — Family Dollar Stores on Wednesday reported a net sales increase of 9% to $2.6 billion for third quarter ended June 1, reaching the upper end of the discount chain's guidance. Comparable store sales in the quarter increased 2.9%.

Family Dollar attributed the increase in comparable store sales to an increase in the average customer transaction value and higher customer traffic. Sales were strongest in the consumables category, which increased 14.8% during the quarter, driven primarily by strong growth in food, health and beauty aids and tobacco. 

June 10, 2013

Family Dollar Stores on Monday named Brad Rogers SVP real estate, replacing Keith Gehl, who will retire from the company at the end of June.

MATTHEWS, N.C. — Family Dollar Stores on Monday named Brad Rogers SVP real estate, replacing Keith Gehl, who will retire from the company at the end of June. 

April 30, 2013

Family Dollar Stores on Monday announced Charles Gibson, EVP supply chain, will leave the company to pursue other interests effective April 30.

MATTHEWS, N.C. — Family Dollar Stores on Monday announced Charles Gibson, EVP supply chain, will leave the company to pursue other interests effective April 30.

“Charlie has overseen the growth and development of our supply chain network and has been a valued part of our team,” stated Howard Levine, Family Dollar 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.”

April 11, 2013

Family Dollar Stores reported a net sales increase of 17.7% to $2.9 billion for the second quarter ended March 2.

MATTHEWS, N.C. — Family Dollar Stores on Thursday reported a net sales increase of 17.7% to $2.9 billion for the second quarter ended March 2. Comparable stores were up 2.9%.

An extra week in the quarter contributed approximately $189 million in sales. Strong growth in tobacco, food and HBA contributed to a 26.6% lift across consumables, the dollar operator reported. 

March 26, 2013

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

MATTHEWS, N.C. — Family Dollar Stores on Monday 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.

January 8, 2013

Select Family Dollar Stores will carry an environmentally friendly, individually-sold 3-lb firelog by Enviro-Log, the company stated.

ATLANTA — Select Family Dollar Stores will carry an environmentally friendly, individually-sold 3-lb firelog by Enviro-Log, the company stated.

"Family Dollar customers will appreciate the convenience and performance of our 3-lb firelogs, which burn cleaner and hotter than firewood," said Ross McRoy, president of Enviro-Log. "We are thrilled that Family Dollar customers can now take advantage of these environmentally friendly firelogs, as each Enviro-Log provides warmth and comfort for hours at a time."

January 4, 2013

Family Dollar stores reported a 12.7% increase in net sales and a 6.6% increase in comps in first quarter 2013, the company said.

MATTHEWS, N.C. — Family Dollar stores reported a 12.7% increase in net sales and a 6.6% increase in comps in first quarter 2013, the company said.

December 10, 2012

Family Dollar Stores last week named as Tammy DeBoer SVP food. DeBoer will report to Paul White, EVP and chief merchandising officer.

MATTHEWS, N.C. — Family Dollar Stores last week named Tammy DeBoer as SVP food. DeBoer will report to Paul White, EVP and chief merchandising officer.

"Providing customers with a compelling food assortment is key to driving trips and an important initiative for Family Dollar,” White said. “Tammy’s proven track record in the food industry and her strategic leadership will help drive further enhancements to our assortment and help us increase customer loyalty as we work to continue to expand our market share.”

November 28, 2012

As New York City enjoyed the first snowfall of the winter season, industry leaders gathered for the 14th annual Industry Issues Summit to discuss the top issues and trends impacting the industry, including the importance of seizing “whitespaces.”

NEW YORK — As New York City enjoyed the first snowfall of the winter season, industry leaders gathered for the 14th annual Industry Issues Summit to discuss the top issues and trends impacting the industry, including the importance of seizing “whitespaces.”

The all-day event was held on Tuesday at the New York Athletic Club, located just across the street from Central Park.

October 29, 2012

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.

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 16, 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.

June 28, 2012

This year’s National Association of Chain Drug Stores Marketplace Conference proved to be a productive four-day event as retailers and suppliers representing more than $500 billion in annual buying power convened in Denver to network, explore business opportunities and participate in educational programs.

ALEXANDRIA, Va. — This year’s National Association of Chain Drug Stores Marketplace Conference proved to be a productive four-day event as retailers and suppliers representing more than $500 billion in annual buying power convened in Denver to network, explore business opportunities and participate in educational programs.

December 19, 2011

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.

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 27, 2011

Longtime CVS/pharmacy executive Mike Bloom has resigned from the company and will serve as president and COO of Family Dollar Stores.

NEW YORK — Longtime CVS/pharmacy executive Mike Bloom has resigned from the company and will serve as president and COO of Family Dollar Stores.

“Mike Bloom, EVP of merchandising and supply chain, has resigned from the company. We thank him for his many contributions to the success of our retail business over the past 19 years and wish him luck in his future endeavors,” stated Carolyn Castel, VP of corporate communications at CVS Caremark, in a statement sent to Drug Store News.

September 13, 2011

Family Dollar has found 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 has found 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 11, 2011

The penny-pinching consumers of the recession have become penny-clamping consumers, and dollar stores are starting to feel the effects, according to published reports.

NEW YORK — The penny-pinching consumers of the recession have become penny-clamping consumers, and dollar stores are starting to feel the effects, according to published reports.

January 17, 2011

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.

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.