Content about Howard Levine

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 supply chain exec exits company

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 Q2 sales up 17.7%, but CEO expresses discretionary income concerns

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.

October 3, 2012

Family Dollar to accelerate store growth

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

MATTHEWS, N.C. — Following the release of record sales and profits on Wednesday morning, Family Dollar said it would open 500 new stores next year.

April 23, 2012

Dorlisa Flur exits Family Dollar

Family Dollar announced that one of its executives intends to leave the company to pursue other interests.

MATTHEWS, N.C. — Family Dollar announced that one of its executives intends to leave the company to pursue other interests.

The company said the departure of Dorlisa Flur, vice chair of strategy and chief administrative officer, is effective May 2.

"Dorlisa has served the Company in a variety of leadership roles and has been a valued part of our team," Family Dollar chairman and CEO Howard Levine said. "Her contributions to Family Dollar's success are greatly appreciated, and we wish her all the best in her future endeavors."

April 10, 2012

Former Giant Eagle CFO heads to Family Dollar

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

MATTHEWS, N.C. — Family Dollar 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.

December 19, 2011

Family Dollar getting executive suite in place before new store, expanded assortment push

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 29, 2011

Family Dollar appoints Edward Garden to board

The chief investment officer of Trian Fund Management has been named to the board of directors at Family Dollar, the retailer announced.

MATTHEWS, N.C. — The chief investment officer of Trian Fund Management has been named to the board of directors at Family Dollar, the retailer announced.

Edward Garden's appointment as board member is effective immediately. With this appointment, Family Dollar's board expands to 11 directors.

September 28, 2011

Family Dollar to open 450 to 500 stores in new fiscal year; Q4 profit up 8%

Family Dollar 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 more than 1,000 locations.

MATTHEWS, N.C. — Family Dollar 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 more than 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,” Family Dollar chairman and CEO Howard Levine said.

March 30, 2011

Family Dollar posts sales and profit improvement

Profit grew by nearly 10% to $123.2 million and sales advanced 8.3% to nearly $2.3 billion as Family Dollar remained on a consistent growth trajectory during its second quarter, ended Feb. 27.

MATTHEWS, N.C. — Profit grew by nearly 10% to $123.2 million and sales advanced 8.3% to nearly $2.3 billion as Family Dollar remained on a consistent growth trajectory during its second quarter, ended Feb. 27.

Earnings per share for the period increased 21% to 98 cents, compared with 81 cents in the prior-year's second quarter.

March 14, 2011

Family Dollar a hot commodity

Family Dollar reported Monday 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 retailer, warmer weather earlier in the year, as well as strong performance in its consumables and seasonal categories, helped drive sales.

MATTHEWS, N.C. — Family Dollar reported Monday 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 retailer, warmer weather earlier in the year, as well as strong performance in its consumables and seasonal categories, helped drive sales.