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Family Dollar Stores

Michelle Russell

US: Family Dollar Q3 profit slides, beats estimates

11 July 2013 | Michelle Russell

US discount retailer Family Dollar Stores has recorded a drop in third-quarter earnings but said sales and profits came in at the upper end of its guidance.... read more


US: Sales boost Family Dollar Q3 profits

29 June 2012 | Michelle Russell

US retailer Family Dollar Stores has booked another record quarter, after higher sales led to a double-digit rise in third-quarter profits.... read more


Dollar Tree deal gets shareholder approval

23 January 2015 | Michelle Russell

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


Family Dollar profit falls on "challenging" Q1

8 January 2015 | Michelle Russell

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.... read more


Dollar Tree to divest around 300 stores

13 January 2015 | Michelle Russell

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


US: Dollar General reveals Q2 earnings growth

29 August 2014 | Michelle Russell

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.... read more


US: Dollar Tree to acquire rival Family Dollar

28 July 2014 | Michelle Russell

US discount chain Dollar Tree Stores has entered into an agreement to acquire rival Family Dollar in a deal worth around US$8.5bn.... read more


US: Family Dollar Q3 profit falls on costs

10 July 2014 | Michelle Russell

Family Dollar said it hopes its efficiency measures will improve profits after the US discount retailer booked a 33% drop in earnings in its third-quarter.... read more


US: Family Dollar names head of merchandise operations

19 June 2014 | Michelle Russell

US discount retailer Family Dollar has appointed supply chain and logistics executive Jeffrey Thomas as its senior vice president of merchandise operations.... read more


Dollar General extends tender offer to Family Dollar

2 October 2014 | Michelle Russell

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.... read more


US: Dollar General makes bid for Family Dollar Stores

19 August 2014 | Michelle Russell

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.... read more


US: Family Dollar rejects Dollar General proposal

21 August 2014 | Michelle Russell

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


US: Dollar General committed to Family Dollar deal

22 August 2014 | Michelle Russell

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


US: Family Dollar Q1 profit slides, lowers outlook

10 January 2014 | Michelle Russell

US discounter Family Dollar has booked a drop in first-quarter earnings and lowered its guidance for the full year.... read more


Dollar Tree may sell stores in Family Dollar deal

8 December 2014 | Michelle Russell

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


Dollar General extends Family Dollar offer deadline

3 November 2014 | Michelle Russell

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.... read more


Family Dollar delays Dollar Tree merger vote

20 November 2014 | Michelle Russell

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


Family Dollar Q4 earnings slump

10 October 2014 | Michelle Russell

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


Family Dollar Q2 benefits from improved traffic

8 April 2015 | Michelle Russell

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.... read more


US: Family Dollar eyes efficiencies with store closures

11 April 2014 | Michelle Russell

In a bid to identify opportunities to strengthen its value proposition and improve its financial performance, US discounter Family Dollar Stores has announced plans to cut jobs and close around 370 underperforming stores.... read more


US: Family Dollar appoints supply chain executive

25 March 2014 | Michelle Russell

US retailer Family Dollar Stores has appointed Brian Hancock to the role of senior vice president of supply chain.... read more


Family Dollar Q3 earnings slide on costs

2 July 2015 | Michelle Russell

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


Dollar Tree completes Family Dollar deal

7 July 2015 | Michelle Russell

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.... read more