Content about Family Dollar

January 30, 2014

“You have got to get real and get back to the customer.” That’s critical advice Family Dollar EVP and chief merchandising officer Jason Reiser had for vendors looking to bring value to the dollar store channel, in a special video interview with DSNTV.

“You have got to get real and get back to the customer.” That’s critical advice Family Dollar EVP and chief merchandising officer Jason Reiser had for vendors looking to bring value to the dollar store channel, in a special video interview with DSNTV. “And I don’t want you to do it in the cushy office you have; I want you to get into the street, and I want you to get with our customer,” Reiser told DSN in the latest edition of its Executive Viewpoint video series. “Most of them have $10 to spend on any given trip.

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 1, 2014

In a move to increase traffic and grow sales, Family Dollar said it added 400 products to its food offerings and reduced prices on 1,000 other items.

CHARLOTTE, N.C. — In a move to increase traffic and grow sales, Family Dollar said it added 400 products to its food offerings and reduced prices on 1,000 other items.

As part of the rollout, the operator of more than 8,100 stores enlisted the aid of television personality, author and chef Pat Neely. Plans call for Neely to participate in several special events including a recipe contest in which the challenge is to prepare a meal for four for under $15. The contest winner will receive a cooking experience with Neely at his home in Memphis.

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. 

January 9, 2014

Family Dollar reported sales of $2.5 billion in first quarter 2014, a 3.2% increase over the same period last year, the dollar store chain said.

MATTHEWS, N.C. — Family Dollar reported sales of $2.5 billion in first quarter 2014, a 3.2% increase over the same period last year, the dollar store chain said Thursday.

For the 13-week quarter that ended Nov. 30, the chain said sales were strongest in refrigerated and frozen food, health aids and tobacco. Same-store sales during the quarter decreased by 2.8% due to fewer customer transactions and a slight decrease in average customer transaction value.

January 6, 2014

InComm, a leading prepaid product and transaction services company, announced that six health plans across Arizona and Texas will be providing over-the-counter benefits through Medagate, InComm's healthcare platform.

ATLANTA — InComm, a leading prepaid product and transaction services company, on Monday announced that six health plans across Arizona and Texas will be providing over-the-counter benefits through Medagate, InComm's healthcare platform. 

December 27, 2013

A national gay-rights organization has given Walgreens top marks for its practices related to gay, lesbian, bisexual and transgender people.

DEERFIELD, Ill. — A national gay-rights organization has given Walgreens top marks for its practices related to gay, lesbian, bisexual and transgender people.

In its 2014 Corporate Equality Index, the Human Rights Campaign Foundation gave the Deerfield, Ill.-based retail pharmacy chain a "perfect" score of 100. 2014 is the ninth year that Walgreens has won a perfect score.

December 3, 2013

The 15th annual Industry Issues Summit, presented by The Drug Store News Group on Dec. 3, proved to be a powerful, all-star lineup as some of the top minds in pharmacy retailing gathered for a candid discussion of the top issues and trends impacting the industry.

NEW YORK — The 15th annual Industry Issues Summit, presented by The Drug Store News Group on Dec. 3, proved to be a powerful, all-star lineup as some of the top minds in pharmacy retailing gathered for a candid discussion of the top issues and trends impacting the industry. On top of that, brand-building genius and TV celebrity Daymond John of ABC’s “Shark Tank” delivered an exclusive lunchtime keynote.

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 18, 2013

A bill that would implement federal tracking and tracing of drugs and strengthen federal regulations on pharmacy compounding has passed in the Senate and will go to President Barack Obama for his signature.

NEW YORK — A bill that would implement federal tracking and tracing of drugs and strengthen federal regulations on pharmacy compounding has passed in the Senate and will go to President Barack Obama for his signature.

November 8, 2013

You could call it a who’s who of the industry.

With a record-breaking crowd expected on hand, The Drug Store News Group has assembled an all-star lineup of some of the leading retail merchants and marketers in the industry for its 15th annual Industry Issues conference next month.

You could call it a who’s who of the industry.

With a record-breaking crowd expected on hand, The Drug Store News Group has assembled an all-star lineup of some of the leading retail merchants and marketers in the industry for its 15th annual Industry Issues conference next month. All that and brand-building genius and TV celebrity Daymond John of ABC’s “Shark Tank” will deliver the exclusive lunchtime keynote.

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. 

October 25, 2013

Albertsons has placed an order for what is being called the "first true food bar" for dogs.

LOS ANGELES — Albertsons has placed an order for what is being called the "first true food bar" for dogs.

All American Pet Co. said Friday it received an order from the grocer for NutraBars, which are designed to be high in protein and low in fat, and are made in the United States.

The company said it also was expecting an order for Chewies Dog Treats, which are all-natural and made with peanuts, cheese and bacon. Albertsons, based in Boise, Idaho, operates 1,119 stores under 12 banners in 29 states.

 

October 18, 2013

Family Dollar earlier this week celebrated the grand opening of its 11th distribution center in St. George, Utah.

ST. GEORGE, Utah — Family Dollar earlier this week celebrated the grand opening of its 11th distribution center in St. George, Utah. 

“Opening our 11th distribution center is an important milestone for us,” stated Howard Levine, Family Dollar’s chairman and CEO. “This facility is ideally located to support our growth in the West, helping us keep our stores well-stocked as we continue to provide customers in this region with great value and convenience.”

October 14, 2013

Family Dollar last week opened its 8,000th store in Lancaster, S.C., the company announced.

LANCASTER, S.C. — Family Dollar last week opened its 8,000th store here, the company announced.

"Lancaster is  proud to have been selected as the site of Family Dollar's 8,000th store," stated Joe Shaw, Lancaster's mayor. "We look forward to partnering with Family Dollar to meet the retail needs of our citizens."

"We have over 200 stores in South Carolina, so it certainly is a great fit for us to open this landmark store in the state," commented Howard Levine, Family Dollar chairman and CEO. 

 

October 14, 2013

Jason Reiser has been elevated to the role of SVP/lead merchandising officer at Family Dollar, according to an internal memo from company president and COO Mike Bloom.

MATTHEWS, N.C. — Jason Reiser has been elevated to the role of SVP/lead merchandising officer at Family Dollar, Drug Store News has learned. "In this role, Jason will have executive responsibility for leading cohesive merchandising strategy and execution," noted company president and COO Mike Bloom. "Jason has already made a positive impact since joining Family Dollar in July.

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 9, 2013

In order to win in today’s shopper environment, retailers and suppliers need to approach marketing programs in a whole different way — together. It all comes down to two key words: shared media.

CHICAGO — In order to win in today’s shopper environment, retailers and suppliers need to approach marketing programs in a whole different way — together. It all comes down to two key words: shared media.

October 9, 2013

More than 1,000 new and relocated stores and an increase in a partnership with supply chain services firm McLane Co. were among the highlights in fourth quarter fiscal year 2013 at Family Dollar, the discount store chain said Wednesday.

MATTHEWS, N.C. — More than 1,000 new and relocated stores and an increase in a partnership with supply chain services firm McLane Co. were among the highlights in fourth quarter fiscal year 2013 at Family Dollar, the discount store chain said Wednesday.

October 8, 2013

American Express Serve announced a free nationwide cash load network and the addition of new money management capabilities to its full-service reloadable prepaid account.

NEW YORK — American Express Serve announced a free nationwide cash load network and the addition of new money management capabilities to its full-service reloadable prepaid account. The new features enable Serve customers to load cash for free at more than 14,000 participating CVS/pharmacy and 7-Eleven stores. According to reports, the number of stores will grow by the end of 2013 to about 20,000, with the addition of Family Dollar, Office Depot, Walgreens and Duane Reade stores.

October 1, 2013

There’s a new way to think outside of the box — by placing both the retailer and supplier in the same marketing sandbox in an effort to generate collaborative marketing campaigns. In other words, “Shared Media.”

CHICAGO — There’s a new way to think outside of the box — by placing both the retailer and supplier in the same marketing sandbox in an effort to generate collaborative marketing campaigns. In other words, “Shared Media.”

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 17, 2013

Retailer promotion activity continued to grow with a 21.6% increase to more than 11.3 billion pages in the first half of 2013, with Walmart leading in retailer activity followed by Walgreens, Target and Family Dollar, reported Marx, a Kantar Media solution.

MINNEAPOLIS — Retailer promotion activity continued to grow with a 21.6% increase to more than 11.3 billion pages in the first half of 2013, with Walmart leading in retailer activity followed by Walgreens, Target and Family Dollar, reported Marx, a Kantar Media solution.