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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. 

March 26, 2013
Family Dollar creates SVP merchandise operations

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.

February 11, 2013
Former discount retail execs team up on new retail, wholesale business

A group of former executives from Save-A-Lot, Grandpa's Stores and Deals: Nothing Over a Dollar has teamed up to create a new business venture that they said would combine wholesale, retail and e-commerce components.

ST. LOUIS — A group of former executives from Save-A-Lot, Grandpa's Stores and Deals: Nothing Over a Dollar has teamed up to create a new business venture that they said would combine wholesale, retail and e-commerce components.

January 4, 2013
Family Dollar's sales rise in Q1

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.

November 15, 2012
Family Dollar expands product selections in anticipation of being the one-stop value shop for the holidays

Family Dollar on Thursday announced it is expanding its holiday selection to include hundreds of toys and gifts retailing for $10 or less.

MATTHEWS, N.C. — Family Dollar on Thursday announced it is expanding its holiday selection to include hundreds of toys and gifts retailing for $10 or less. 

"We know our customers look to Family Dollar to help them celebrate the holidays," stated Michael Bloom, Family Dollar president and COO. "This year, we are proud to offer an expanded selection of items to make this holiday season even more memorable and budget-friendly."

October 29, 2012
Family Dollar names SVP store operations

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 19, 2012
Supermarkets facing competition as grocery leader

Supermarkets are facing increased competition from dollar stores, according to a new survey from Perception Research Services International.

FORT LEE, N.J. — Supermarkets are facing increased competition from dollar stores, according to a new survey from Perception Research Services International.

October 12, 2012
Blurred lines between channels and better HBA options will continue to drive dollar store growth

It appears that even when the economy gets back to humming again on all cylinders that America’s shopping patterns will have been forever changed, and that's only going to support dollar store growth for years to come.

 WHAT IT MEANS AND WHY IT'S IMPORTANT — It appears that even when the economy gets back to humming on all cylinders that America’s shopping patterns will have been forever changed, and that's only going to support dollar store growth for years to come. Clearly, the two biggest competitors in Family Dollar and Dollar General are ramping up store growth all over the country, with the two companies lining up on opposite corners much the way drug chains began had done in the '80s and '90s.

October 8, 2012
Deloitte: CPG companies not keeping up with explosive growth of dollar channel

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:

August 17, 2012
Consumer channel surfing has dollar channel and club riding bigger waves

Consumers shop as many as seven retail channels in pursuit of the best value, SymphonyIRI Group reported Wednesday.

CHICAGO — Consumers shop as many as seven retail channels in pursuit of the best value, SymphonyIRI Group reported Wednesday.

July 19, 2011
Survey: Food shoppers look for value amid rising prices, shrinking package sizes

Rising food prices and shrinking package sizes are a top concern for consumers, according to Deloitte's "2011 Consumer Food and Product Insight Survey."

NEW YORK — Rising food prices and shrinking package sizes are a top concern for consumers, according to Deloitte's "2011 Consumer Food and Product Insight Survey."

November 14, 2010
Suppliers ‘buck’ up store shelves with value-priced snack options

Continued consumer price consciousness and the growing influence of the dollar store channel have made...

Continued consumer price consciousness and the growing influence of the dollar store channel have made snacks priced at $1 popular with consumers.

September 1, 2010
Dollar channel gets lucrative

Retailers operating outside of the dollar channel are beginning to experience some night terrors. Because...

WHAT IT MEANS AND WHY IT'S IMPORTANT Retailers operating outside of the dollar channel are beginning to experience some night terrors. Because the fear is, what if American consumers learn from this bargain-hunting experience once the economy recovers? What if they decide quality and convenience in a dollar store today is comparable with other channels, and that the only real point of difference is the price point?

June 1, 2010
SymphonyIRI survey: Steadfast spending to carry through summer

Consumers are more cautious with their spending this summer season compared with years past, according...