Family Dollar Stores Company Description
Penny-pinching moms are important to Family Dollar Stores. The nation's #2 dollar store (behind Dollar General) targets women shopping for a family that earns less than $30,000 a year. Family Dollar operates about 6,600 stores in some 45 states and the District of Columbia. Consumables (food, health and beauty aids, and household products) account for about 60% of sales; the stores also sell apparel, shoes, and linens. Family Dollar emphasizes neighborhood stores near its low- and middle-income customers in rural and urban areas. Most merchandise (national brands, Family Dollar private labels, and unbranded items) is less than $10. Family Dollar was founded in 1959 by the father of CEO Howard Levine.
View the Comprehensive Company Description for Family Dollar Stores
The Company Description provides a historical perspective of Family Dollar Stores's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Family Dollar Stores's evolution in the marketplace.
