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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.
Dollar General has more than 19,400 stores in 48 states, the District of Columbia, and Mexico, [1] [75] and approximately 158,000 employees. [76] Dollar General also has 17 distribution centers in 16 states. [13] Since 2017, DG has opened stores in North Dakota, Wyoming, and Washington. As of early 2025, only two states lacked DG stores: Alaska ...
In 1991, the corporation made a decision to focus exclusively on the expansion of dollar stores after selling K&K stores to KB Toys, owned by Melville Corporation. [5]In 1993, the name Only $1.00 was changed to Dollar Tree Stores to address what could be a multi-price-point strategy in the future, and part equity interest was sold to SKM partners, a private equity firm.
Image source: The Motley Fool. Dollar Tree (NASDAQ: DLTR) Q3 2024 Earnings Call Dec 04, 2024, 8:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
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Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what has turned out to be a disastrous merger. Family Dollar is up ...
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Dollar and variety store revenue reached $77 billion in 2018. [29] As of 2018, main dollar store chains in the U.S. were Dollar General, Dollar Tree (which owns Family Dollar), the 99 Cents Only Stores, and Five Below. Increasing revenue has led to growth for dollar store chains: by 2018, Dollar Tree had 14,000 locations in the U.S., and its ...