Family Dollar Stores

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US Q1 in brief – Macy's, Stein Mart, Francesca's just-style | 2 Jul 20

In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Macy's, Inc has posted a US$3.58bn loss, while Stein Mart reported a 57% tumble in sales. Elsewhere, PVH Corp has reported an "unprecedented" decline in revenue and earnings and sales at Zumiez have fallen by more than a third.


US Q4 in brief – Boot Barn Holdings, VF Corp, PVH Corp just-style | 21 May 20

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has posted a fall in both earnings and revenue, while VF Corp and PVH Corp have both reported a net loss. Elsewhere, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall.  


Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 


US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco just-style | 5 Feb 20

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. 


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores just-style | 1 Nov 19

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. 


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands just-style | 1 Aug 19

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. 


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity just-style | 23 May 19

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.


US Q3 in brief – Boot Barn Holdings, VF Corp just-style | 6 Feb 19

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse Michelle Russell and Katie Smith | 7 Jan 16

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 


Dollar Tree completes Family Dollar deal Michelle Russell | 7 Jul 15

Dollar Tree has completed its acquisition of Family Dollar Stores, in a deal that will extend its reach to low-income customers, and strengthen and diversify its footprint.


Family Dollar Q3 earnings slide on costs Michelle Russell | 2 Jul 15

Family Dollar Stores saw its earning slide in the third quarter as it recorded charges related to its Dollar Tree merger and restructuring costs.


Family Dollar Q2 benefits from improved traffic Michelle Russell | 8 Apr 15

Family Dollar Stores said it is seeing tangible benefits from the investment it has made to strengthen its value proposition, as it revealed increased second-quarter sales and margins.


US labour concerns at Honduras apparel makers Katie Smith | 3 Mar 15

The US has raised “serious” concerns over worker rights in Honduras and the enforcement of labour laws under the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA), following a probe into working conditions at facilities, including apparel factories.


Dollar Tree deal gets shareholder approval Michelle Russell | 23 Jan 15

Family Dollar stockholders have finally voted to approve the proposed merger with Dollar Tree.


Dollar Tree to divest around 300 stores Michelle Russell | 13 Jan 15

Dollar Tree says it will need to divest around 300 stores if its acquisition of Family Dollar is to be approved.


Family Dollar profit falls on "challenging" Q1 Michelle Russell | 8 Jan 15

Family Dollar Stores said it experienced a very challenging first-quarter as it continued its turnaround, with a fall in earnings and a narrowing of gross margin.


Dollar Tree may sell stores in Family Dollar deal Michelle Russell | 8 Dec 14

Dollar Tree has said it may have to divest some stores in order to gain approval for its acquisition of Family Dollar Stores.


Family Dollar delays Dollar Tree merger vote Michelle Russell | 20 Nov 14

Family Dollar Stores has rescheduled its meeting at which shareholders will vote on the merger with Dollar Tree.


Dollar General extends Family Dollar offer deadline Michelle Russell | 3 Nov 14

US retailer Dollar General Corporation has once again extended the deadline for its tender offer to acquire Family Dollar Stores, which has in turn advised shareholders to reject the bid from its rival.


Family Dollar Q4 earnings slump Michelle Russell | 10 Oct 14

Family Dollar Stores has recorded a slump in earnings in the fourth quarter, reflecting what it said has been a difficult competitive environment.


Dollar General extends tender offer to Family Dollar Michelle Russell | 2 Oct 14

Dollar General has once again extended the deadline for its tender offer to acquire Family Dollar Stores, which has advised shareholders to reject the from its rival.


US: Dollar General "committed" despite rival rejection Katie Smith | 18 Sep 14

Dollar General has once again reaffirmed its commitment to acquiring Family Dollar Stores, which has advised shareholders to reject a tender offer from its rival.


US: Dollar General takes bid to Family Dollar shareholders Katie Smith | 10 Sep 14

Dollar General is to take its bid for Family Dollar to the rival's shareholders, despite having its previous proposals rejected by the US discount retailer.


US: Dollar General mulls next move after rival shuns bid Katie Smith | 8 Sep 14

US discount retailer Dollar General is mulling its next step, after its improved bid for rival Family Dollar was rejected on the basis of antitrust regulatory considerations.


US: Dollar General raises Family Dollar takeover bid Katie Smith | 2 Sep 14

US retailer Dollar General Corporation has raised its takeover offer for rival Family Dollar less than two weeks after its previous bid was rejected.


US: Dollar General reveals Q2 earnings growth Michelle Russell | 29 Aug 14

US retailer Dollar General has once again reaffirmed its commitment to acquiring Family Dollar as it revealed an increase in sales and earnings in its second-quarter.


US: Dollar General committed to Family Dollar deal Michelle Russell | 22 Aug 14

Dollar General has reaffirmed its commitment to acquiring Family Dollar following rejection of its non-binding proposal yesterday (21 August) over antitrust concerns.


US: Family Dollar rejects Dollar General proposal Michelle Russell | 21 Aug 14

Family Dollar Stores has rejected a non-binding acquisition proposal by Dollar General on the basis of antitrust regulatory considerations.


US: Dollar General makes bid for Family Dollar Stores Michelle Russell | 19 Aug 14

Dollar General has made a proposal to acquire Family Dollar Stores, in a transaction valued at $9.7bn, higher than Dollar Tree's bid for the retail group last month.

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