Family Dollar Stores

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Quote, unquote: just-food's week in words

26 Aug 2014

This week, Russia eased off on its Western import ban, announcing a list of products it would allow into the country. Elsewhere, the takeover battle for Chiquita Brands International took a new twist when juice maker Cutrale Group called on the produce giant's shareholders to vote against its planned merger with Fyffes. Meanwhile, German food giant Dr Oetker struck a deal to buy McCain Foods' North American pizza business.

Analysis: The opportunities for FMCG from Dollar Tree's move for Family Dollar

30 Jul 2014

Customer consolidation, of course, can present challenges and US grocery manufacturers, so keen to up their presence in dollar stores, may have frowned a little at news two dollar chains, Dollar Tree and Family Dollar Stores, are set to combine. However, the deal could give the savvy manufacturer an opportunity or two.

US: Family Dollar to close 370 stores

11 Apr 2014

US discounter Family Dollar Stores has announced plans to cut jobs and close around 370 under-performing outlets.

Editor's choice: the highlights on just-food last week

13 Jan 2014

Dairy led the headlines in our sector this week. Danone is to sue Fonterra over last year's botulism contamination saga, French dairy giant Lactalis has entered India with the acquisition of local firm Tirumala Milk Products and Saputo has told Warrnambool Cheese and Butter Factory's investors its offer for the Australian dairy processor is final.

US: Family Dollar warns on profits, COO to exit

10 Jan 2014

US discount retailer Family Dollar Stores announced a management shake-up yesterday (9 January) after it unveiled a drop in first-quarter earnings and lowered its guidance for the year.

On the move: the challenge of revitalising Wal-Mart

4 Dec 2013

Doug McMillon may have followed Mike Duke's path at Wal-Mart with the move from head of international to the CEO's office and, in some ways, he has some foundations on which to build the next stage of the retailer's growth. But he faces some significant challenges ahead.

US: Family Dollar sales flat, outlook cautious

9 Oct 2013

Shares in Family Dollar Stores fell today (9 October) after the US discounter reported flat underlying sales.

US: Family Dollar profit slides, beat estimates

10 Jul 2013

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.

US: Family Dollar lowers FY profit forecast

10 Apr 2013

US discount retailer Family Dollar Stores has lowered its full-year earnings forecast despite booking an increase in first-half profits.

US: Margin pressure hits Family Dollar Q1 profit

3 Jan 2013

US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds.

US: Family Dollar names Safeway exec Wong marketing chief

16 Oct 2012

US discount retailer Family Dollar Stores has hired Jocelyn Wong, an executive from larger grocer Safeway Inc, as chief marketing officer.

UPDATE: US: Family Dollar growth reaffirms value store dominance - analyst

4 Oct 2012

Family Dollar's full-year results reaffirm the group's "significant secular growth opportunity" in gaining share from traditional supermarkets thanks to new store opening and increased footfall, according to analysts.

US: Family Dollar FY earnings climb

4 Oct 2012

US retailer Family Dollar Stores has booked an increase in full-year earnings as the group continued its store openings and benefited from increased customer traffic.

On the move: Supervalu's Mr Sales faces tough task

3 Aug 2012

With a name like Wayne Sales, the new chairman and CEO of US retailer Supervalu Inc seems born to be in the industry.

US: Sales boost Family Dollar Q3 profits

29 Jun 2012

US retailer Family Dollar Stores has booked an increase in third-quarter profits, boosted by higher sales.

US: Family Dollar appoints Winston CFO

10 Apr 2012

Family Dollar Stores today (10 April) announced that it has appointed Mary Winston as EVP and chief financial officer.

US: Family Dollar H1 profits climb

28 Mar 2012

US discount retailer Family Dollar Stores has booked an increase in first-half profits and upped its full-year guidance.

US: Family Dollar posts "record" Q1 sales, profits

6 Jan 2012

US discount retailer Family Dollar Stores hopes to grow its market share following "record" first-quarter sales and profits.

US: Family Dollar Stores enters California

15 Nov 2011

US discount retailer Family Dollar Stores has entered California by opening four stores.

US: Peltz reaches agreement with Family Dollar

3 Oct 2011

US investor Nelson Peltz has backed away from an aggressive takeover of Family Dollar Stores after a deal with the discount retailer.

US: Family Dollar to accelerate store openings

28 Sep 2011

Family Dollar Stores is set to accelerate its store openings in the next 12 months after reporting an increase in annual profits.

US: Family Dollar COO Kelly steps down

27 Sep 2011

Family Dollar Stores chief operating officer James Kelly is to leave the US discount retailer.

US: Former Wal-Mart exec Johnson takes Family Dollar food role

19 Sep 2011

Former Wal-Mart Stores executive Trey Johnson has joined US discount retailer Family Dollar Stores in a senior grocery role.

US: Family Dollar Stores reports "record" Q3 sales, profits

29 Jun 2011

US discount retailer Family Dollar Stores today (29 June) booked "record" third-quarter sales and profits.

US: Ackman ups Family Dollar Stake

10 Jun 2011

Activist investor William Ackman and his hedge fund, Pershing Square Capital Management, have increased its stake in US discounter Family Dollar Stores.

US: Family Dollar Stores "delivering" for investors - CEO Levine

30 Mar 2011

Family Dollar Stores today (30 March) reported an almost 10% increase in half-year profits, prompting the US retailer's chief executive to claim the company was delivering "superior value" to its investors.

US: Family Dollar raises Q2 outlook

14 Mar 2011

US discount retailer Family Dollar Stores has lifted its earnings outlook for its second quarter after sales increased by 8.3% during the period.

US: Family Dollar announces finance appointments

14 Mar 2011

US discount retailer Family Dollar Stores has made two executive appointments in its finance team.

Quote, unquote: just-food's week in words

4 Mar 2011

If last week's common theme was rising commodity costs, this week's focus was firmly on mergers, acquisitions and disposals, with retailers including Iceland, Ahold and Delhaize announcing acquisitions or the desire to acquire, while Carrefour finally revealed plans to spin-off its property and Dia portfolios.

US: Family Dollar rejects Trian bid

3 Mar 2011

The board of US discount retailer Family Dollar Stores has unanimously rejected a takeover approach from Trian Group, the fund run by activist US investor Nelson Peltz.

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