November 1959; 64 years ago (1959-11) Charlotte, North Carolina, U.S.
Founder
Leon Levine
Headquarters
Chesapeake, Virginia
,
United States
Number of locations
8,200[1]
Area served
United States
Key people
Gary Philbin (president & CEO) Howard R. Levine (chairman)
Products
Clothing, cleaning supplies, home decor, and grocery.
Revenue
US$ 10.489 billion (2014)
Net income
US$ 284.5 million (2014)
Total assets
US$ 3.857 billion (2014)
Number of employees
59,330[2]
Parent
Dollar Tree (2015–present)
Website
FamilyDollar.com
Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 when its headquarters operations were moved from Matthews, a suburb of Charlotte, North Carolina, to Chesapeake, Virginia, located in South Hampton Roads.[3]
In June 2014, activist investor and major shareholder[4] Carl Icahn demanded that Family Dollar be immediately put up for sale.[5]
On July 28, 2014, Dollar Tree announced that it would buy Family Dollar for $8.5 billion.[6][7] The sale delivered a windfall to the company's biggest shareholder, Carl Icahn, who had acquired his 9.4 percent stake in June 2014.[8] On January 22, 2015, Family Dollar shareholders approved the Dollar Tree bid.[9]
^"Top Companies for | Find the Company".
^"Family Dollar LinkedIn".
^Kilgore, Tomi. "Dollar Tree to close Family Dollar HQ, offer relocation to 700 employees". MarketWatch.
^Kumar, Devika Krishna. "Dollar Tree to buy Family Dollar to stave off competition". U.S. Archived from the original on July 28, 2014. Retrieved 2018-07-18.
^"Charlotte region loses corporate headquarters in Family Dollar buyout". The Charlotte Observer. Archived from the original on 2014-07-28. Retrieved 2014-07-28.
^Cite error: The named reference BidRebuffed was invoked but never defined (see the help page).
^Ramakrishnan, Sruthi; Otterbourg, Ken (January 22, 2015). "Family Dollar shareholders approve Dollar Tree deal". Reuters. Archived from the original on January 22, 2015. Retrieved January 22, 2015.
FamilyDollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest...
the name of Dollar Bills, as well as a multi-price-point variety chain under the FamilyDollar banner. Dollar Tree competes in the dollar store and low-end...
Dollar General Corporation is an American chain of discount stores headquartered in Goodlettsville, Tennessee. As of January 8, 2024, Dollar General operates...
States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U...
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, auto parts...
who founded the FamilyDollar chain of discount stores. He resided in Charlotte, North Carolina. Leon Levine was born into a Jewish family on June 8, 1937...
stylized as DEAL$) was an American chain of discount variety stores owned by Dollar Tree. The chain operated more than 221 stores located in shopping centers...
In February 2011, Trian offered to buy FamilyDollar for $55–60 per share which was rejected. FamilyDollar also used the poison pill tactic in its defense...
The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the name of four official currencies of Zimbabwe...
Mondelēz, PepsiCo, State Street Corporation, Procter & Gamble and FamilyDollar. Peltz has been married three times. In 1964, he married Cynthia Abrams...
Phat and Phat Farm partnered with FamilyDollar and Crayola to host a back-to-school giveaway benefiting families facing financial hardship in the Los...
The Singapore dollar (sign: S$; code: SGD) is the official currency of the Republic of Singapore. It is divided into 100 cents. It is normally abbreviated...
low-cost "fast-fashion" brands (Zara, H&M) and dollar stores (Dollar General, Dollar Tree, FamilyDollar), and warehouse clubs (Costco, Sam's Club, and...
Burlington Costco Dd's Discounts Dick's Sporting Goods Dollar General Dollar Tree FamilyDollar Five Below Fred Meyer Gabe's Meijer National Stores Ocean...
major sponsorships from companies AdventHealth and Dollar Tree, including subsidiary FamilyDollar. Jones began the season with an 8th place finish in...
dollar, it has existed since 1965, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated...
Million Dollar Baby is a 2004 American sports drama film directed, co-produced, scored by and starring Clint Eastwood from a screenplay written by Paul...
the park closed for two months. Silver Dollar City is owned by Herschend Family Entertainment. Silver Dollar City is situated at the site of one of the...
The dollar (sign: $; code: BSD) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign $, or alternatively B$...
The series is based on a novel, Dollar Bahu by Sudha Murty. The story portrays the struggle of a middle-class family to graduate into an upper-class one...
The Cayman Islands Dollar (currency code KYD) is the currency of the Cayman Islands. It is abbreviated with the dollar sign $, or alternatively CI$ to...
Sycamore". Uk.reuters.com. Retrieved 7 June 2018. "Dollar General scooping up 323 former FamilyDollar stores". Retail Dive. Retrieved 2017-06-29. Fickenscher...
The Namibia dollar (symbol: $ or N$; code: NAD) has been the currency of Namibia since 1993. It is normally abbreviated with the dollar sign ($), or alternatively...
The Belize dollar is the official currency in Belize (currency code BZD). It is normally abbreviated with the dollar sign $, or alternatively BZ$ to distinguish...
The Jamaican dollar (sign: $; code: JMD) has been the currency of Jamaica since 1969. It is often abbreviated to J$, the J serving to distinguish it from...
Global Information
US$ 10.489 billion (2014)
US$ 284.5 million (2014)