10 Facts About Family Dollar

1.

Family Dollar Stores, Inc is an American variety store chain.

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2.

Family Dollar was founded in 1959 by Leon Levine, a 21-year-old entrepreneur.

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3.

In 1979, Family Dollar stock began trading at the New York Stock Exchange.

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4.

Family Dollar opened distribution centers in West Memphis, Arkansas; Front Royal, Virginia and Duncan, Oklahoma.

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5.

In March 2005, Family Dollar restated the company's fiscal 2000 to fiscal 2004 earnings per share downward by 2 cents to 3 cents a year, to correct lease-accounting issues.

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6.

Family Dollar created a game show based on the store in late 2016.

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7.

In May 2020, eight Family Dollar stores were damaged by rioting and looting during the George Floyd protests in Minneapolis–Saint Paul, with two locations being destroyed by arson during the widespread civil unrest.

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8.

In March 2011, Family Dollar rejected a takeover offer by Nelson Peltz's Trian Fund Management reportedly between $55 and $60 a share.

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9.

Levine, in a statement, said the Family Dollar board had been analyzing potential antitrust issues that could arise from doing a deal with Dollar General since the start of the year, and that was the reason it was not accepting the Dollar General bid.

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10.

In 2017, Family Dollar General acquired Family Dollar Express and converted the stores.

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