Another Seesaw Trading-Day Expected Jul 2, 2008
The earnings docket is slim, but look out for Family Dollar Stores (nyse: - - ) and Unifirst (nyse: - - ). Both are due before the bell. (Forbes -- Markets)
Murders and crime in our city Jun 12, 2008
Lynn wrote on Jun 3, 2008 12:31 PM:" In my opinion, a sure sign of what paradym shift is talking about is all the dollar stores around town. Don't get me wrong, I love Dollar General, but, notice how many Dollar General and Family Dollar stores we have around town and where most of them are located. ". Lynn wrote on Jun 3, 2008 12:28 PM:" paradym shift is right. It really bothers me that these "low-income complexes" are being built and my taxes are paying for perfectly able-bodied people to live... (New Iberia, LA)
Ricks, Schroeder united in marriage (216) May 18, 2008
A 1996 graduate of Richmond Senior High School, she earned a BS degree in business marketing from the University of North Carolina at Wilmington and is an associate buyer with Family Dollar Stores in Matthews. The groom is the son of Mr. and Mrs. Robert Case Schroeder of Durham. (Rockingham Daily Journal, NC)
BusinessWeek: Squeezed by rising food costs Apr 15, 2008
For instance, Family Dollar Stores, which has 6,500 stores in 44 states, recently boosted its space for food in an additional 2,700 stores; 1,500 stores now accept food stamps. "We have strengthened our everyday assortment of quick prep and ready-to-serve products in all stores, introducing larger family sizes and emphasizing private-label and value brands," says Howard Levine, CEO of Charlotte-based Family Dollar, where food has been the biggest driver of sales in recent quarters. (MSNBC -- Business)
Megnetic Dartboard Recall Apr 9, 2008
About 870,000 of the games were sold exclusively at family dollar stores from september 2002 to march 2008. For more information, call 1-888-790-2700, or visit. (FOX23 News, NY)
Magnetic dart boards recalled Apr 9, 2008
They were sold exclusively at Family Dollar stores nationwide from September 2002 through March 2008 for about $1. Consumers should immediately take the recalled magnetic boards away from children and return them by first class mail to. (FOX23.com, OK)
US stocks rise for a third day Apr 8, 2008
Welcome to The Sydney Morning Herald. Skip directly to: Search Box, , , Text Version. (Sydney Morning Herald -- Business)
Slow sales smack Family Dollar Apr 6, 2008
Family Dollar Stores, one of North Carolina's largest retailers, said Friday that net income dropped 30 percent in its second fiscal quarter and that its performance for the rest of the fiscal year would be worse than expected. The Matthews-based discount chain earned $63. (Business Journal of the Greater Triad Area)
Family Dollar profit falls, cuts full-year forecast Apr 5, 2008
NEW YORK (Reuters) - Family Dollar Stores Inc posted a lower quarterly profit on Friday as cash-strapped shoppers limited discretionary spending, and the discount retailer once again cut its full-year earnings forecast, saying economic conditions have continued to deteriorate. The retailer, which prices most of its merchandise below $10, now expects fiscal year earnings of $1. (ABC News -- Wire)
Family Dollar Warns as Shoppers Skimp Apr 4, 2008
State " Zip: Email: 12 ISSUES FOR $12.00 71% OFF! 24 ISSUES FOR $18.00 79% OFF! 36 ISSUES FOR $24.00 Best Deal! Print Send DOW JONES NEWSWIRES Family Dollar Stores Inc. (FDO) posted a 30% drop in fiscal second-quarter net income amid higher markdowns and a shift in product mix as the economic slowdown pinched consumer spending. The discount chain also warned that its drop in March sales at stores open at least a year will be deeper than expected and again lowered its fiscal 2008 earnings... (SmartMoney)
Consumer Alert: Toy recalled as safety hazard Feb 27, 2008
Last week, the Consumer Product Safety Commission (CPSC) and Family Dollar Stores recalled the Gordy FUN 'N SAFE Magnetic Dart Board set " due to aspiration and intestinal hazards." The toy is similar to the Gordy/Family Dollar "Fun 'N Games Magnetic Dart Board," identified in MASSPIRG's November 2007 Trouble In Toyland report as a toy that posed the same hazards. As MASSPIRG reported in the November 2007 Trouble in Toyland survey, toys, building sets, and children's jewelry now use tiny,... (Danvers Herald, MA)
Recall: Metal necklaces, dartboards Feb 24, 2008
The dartboards were sold at Family Dollar stores nationwide from January 2001 through last month ... Family Dollar stores. (Yahoo News -- Politics)
Family Dollar recalls magnetic dart boards Feb 23, 2008
According to the U.S. Consumer Product Safety Commission, the toys were sold for about $5 each at Family Dollar stores from January 2001 through last month. They have a black, white, green and red bull's-eye checkered design and were sold with six magnetic darts. (Charlotte Business Journal, NC)
Stimulus plan called not much help to consumers Jan 25, 2008
Family Dollar Stores Inc fell 5. 4 percent, Circuit City Stores Inc was off 1. (ABC News -- Wire)
15-Year-Old Accused Of Holdup, Sexual Assault Jan 10, 2008
-- A 15-year-old police say was caught on tape during one of three recent robberies of Family Dollar stores and accused of sexual battery on clerks was taken into custody on Wednesday morning during a SWAT callout. According to police reports, Asa Harris crime spree began on Dec. 30 at the Family Dollar store on Normandy Boulevard. (News4Jax.com, FL)
Fred's Reier, Thompson retire Jan 7, 2008
Reier came to Fred's in 1999 after working in the corporate divisions of J.C. Penney's discount supermarket division and Family Dollar Stores Inc.. Thompson was named to the Fred's board in 2005 following his retirement from Eckerd Corp. and was named COO in August 2006. (Memphis Business Journal, TN)
Recession unlikely, Bear Stearns analyst says Dec 27, 2007
Golub said department stores and warehouse clubs may outperform low-end retailers such as Target and Family Dollar Stores Inc. because a sluggish economy will hurt low-income consumers more. Employment growth and fewer job cuts than in previous economic slowdowns will help Americans maintain spending, the strategist said. (Atlanta Journal-Constitution -- Business)
Retailers report mixed November results Dec 7, 2007
Results from Target and Family Dollar Stores fell short of expectations. (M. Spencer Green/Associated Press) |Print| Text size + By Reuters / December 7, 2007. (Boston Globe)
• Holiday Shopping: New Product Recalls Nov 23, 2007
Rachel Rose and Distinctly Basics metal jewelry sold at family dollar stores have high lead levels. 205,000 pieces have been recalled. (Q13.com, WA)
Barbie Gets Lead Poisoning in YouTube Spoof Nov 22, 2007
The tainted jewelry was sold at Family Dollar Stores, Michaels Stores and other chains. Curious George plush dolls and a game called Aqua Dots were recalled earlier this month. (Fox News)
Retailers to Recall Lead-Based Jewelry Nov 22, 2007
The recalled merchandise involves 205,000 pieces sold by Family Dollar Stores Inc., 200,000 pieces sold by Michaels Stores Inc., 43,000 charm bracelets and tack pin sets sold by Big Lots Inc. and 45,000 stretchable bracelets imported by Cherrydale Fundraising LLC, 10,400 necklaces and bracelets manufactured by Colossal Jewelry & Accessories Inc., and 4,500 necklace and earring sets made by La Femme NY 2 Inc., officials announced. . (Herald Sun)
Half Million Pieces Of Childrens Jewelry Recalled Nov 22, 2007
The recalled merchandise includes 205,000 pieces sold by Family Dollar Stores, 200,000 pieces sold by Michaels Stores and 43,000 charm bracelets and tack pin sets sold by Big Lots. Federal regulatory authorities carried out the action in cooperation with New York State Attorney General Andrew Cuomo. (KWTX.com, TX)
Stores Halt Sales Of Lead-Based Jewelry Nov 22, 2007
Family Dollar Stores, of Charlotte, N.C., is recalling about 205,000 units of Rachel Rose and Distinctly Basics Assorted children's jewelry because it contains high levels of lead ... The jewelry was sold at Family Dollar stores nationwide from January 2003 through August 2007 for between 50 cents and $2. (WNBC.com, NY)
School supplies recalled for lead Nov 22, 2007
From Reuters November 22, 2007 WASHINGTON -- The Consumer Product Safety Commission issued another batch of lead-paint-related recalls of Chinese-made children's products Wednesday, including metal jewelry sold by discount retailers Family Dollar Stores and Big Lots Inc. and school supplies. About 205,000 units of recalled jewelry were sold at Family Dollar stores from January 2003 to August under the Rachel Rose and Distinctly Basics brands, the agency said. (Los Angeles Times)
Jewelry sold by Family Dollar recalled Nov 22, 2007
The Washington, D.C.-based organization says about 205,000 pieces of Rachel Rose and Distinctly Basic jewelry were sold at Family Dollar stores nationwide from January 2003 to August 2007 ... In late October, 142,000 Halloween pails sold at Family Dollar stores were recalled. (Charlotte Business Journal, NC)
Hot on the toy trail: Despite recalls, retailers brace for onslaught Nov 7, 2007
"In early fall, Wal-Mart and other retailers staged special price cuts on toys, in anticipation of potentially slower Christmas sales this shopping season.Part of that worry may be the result of a flood of toy recalls this year, including, in September, 675,000 Chinese-made Barbie doll accessories; another 9 million Mattel brand toys made in China, including 683,000 Barbie and Tanner play sets, in August; also in August, 1 million character dolls, including Elmo, Sesame Street and Dora the... (The Clarion-Ledger)
Local law enforcement officers up for state business protection award Nov 7, 2007
Office Wayne Lloyd, with the Warrior police department, for his work in stopping a five-month robbery spree of Dollar General and Family Dollar stores in Birmingham, Pelham, Trussville and Leeds. Investigator Shelby O'Connor, Shelby County sheriff's office, for her recent work in an identity theft case that involved 25 victims and more than $150,000. (Birmingham Business Journal)
Family Dollar toys recalled Nov 3, 2007
In late October, 142,000 Halloween pails sold at Family Dollar stores across the United States also were recalled because of lead content ... They also were made in China and were sold at Family Dollar stores since August for $1 each. (Charlotte Business Journal, NC)
A Halloween Recall For "Ugly Teeth" Nov 1, 2007
The posable "Galaxy Warrior" spacemen were sold at Family Dollar Stores nationwide from January 2006 through October 2007 and the Ribbit board games were sold through the independent toy consultants. MMVII, CBS Interactive Inc. All Rights Reserved. (CBS News)
US safety agency chief rejects resignation calls Nov 1, 2007
With holiday shopping about to get under way, more recalls were issued on Wednesday -- including one for 380,000 toy "Galaxy Warriors" action figures sold by Family Dollar Stores Inc due to excessive lead levels in paint. Help us advance this story. (Reuters)
CPSC Recalls Halloween Teeth Because Of Lead Nov 1, 2007
The posable "Galaxy Warrior" spacemen were sold at Family Dollar Stores nationwide from January 2006 through October 2007 and the Ribbit board games were sold through the independent toy consultants, SimplyFun. . (CBS 11, TX)
Lead-Contaminated Toys Recalled Thursday Oct 26, 2007
-- About 142,000 purple with witch decorations, manufactured in China and imported by Family Dollar Stores, because the green paint contains high levels of lead. No injuries have been reported. (KLAS-TV.com, NV)
Halloween Pails Recalled Amid Lead Paint Concerns Oct 26, 2007
Pails Sold At Family Dollar Stores Nationwide. (CBS) NEW YORK More than 140,000 Halloween pails sold nationwide were recalled by Family Dollar stores Thursday due to lead violations ... The pails were manufactured in China and featured in Family Dollar stores across the country since August. (CBS 11, TX)
US Recalls More China-Made Products for Lead in Paint Oct 26, 2007
Also recalled were about 142,000 Halloween pails sold at Family Dollar Stores Inc from August through October. The CPSC said green paint on the pails contains amounts of lead that violate US standards for lead paint. (Planet Ark, United States)
Family Dollar recalls product for excessive lead Oct 26, 2007
The pails were made in China and have been sold at Family Dollar stores since August for $1 each. According to the commission, consumers should immediately take the recalled products away from children and return them to a Family Dollar store for a full refund. (Charlotte Business Journal, NC)
More Americans scramble to stretch dollars Oct 20, 2007
Its starting to affect middle-income working families as well as the poor, and has reached the point of affecting day-to-day calculations of merchants like Wal-Mart Stores Inc., 7-Eleven Inc. and Family Dollar Stores Inc.. advertisement. (MSNBC -- Business)
Paychecks being stretched beyond the breaking point Oct 20, 2007
It's starting to affect middle-income working families as well as the poor, and has reached the point of affecting day-to-day calculations of merchants like Wal-Mart Stores Inc., 7-Eleven Inc. and Family Dollar Stores Inc.. While economists debate whether the country is headed for a recession, some say the financial stress is already the worst since the last downturn at the start of this decade. (Pensacola News Journal)
Paychecks just too far apart Oct 20, 2007
It's starting to affect middle-income working families as well as the poor, and is affecting the day-to-day calculations of merchants such as Wal-Mart Stores Inc. and Family Dollar Stores Inc.. Food pantries that distribute foodstuffs to the needy are reporting severe shortages and reduced government funding at the very time they are seeing a surge of people seeking their help. (Modesto Bee, CA)
Wal-Mart cutting more prices to win holiday sales Oct 19, 2007
Shares of Family Dollar Stores Inc were down 3. 5 percent in midday trading, while Dollar Tree Stores Inc shares were down 1 percent. (San Diego Union-Tribune -- Business)
Daily Briefing Oct 5, 2007
Family Dollar Stores Inc. said fourth-quarter profits rose 17 percent on sales of higher-priced products such as groceries. Net income increased to $37. (Atlanta Journal-Constitution -- Business)
Spotting The Buy Point: Family Dollar In 1982 Oct 3, 2007
Consider Family Dollar Stores, () an example from way back in the early 1980s. It started a base in August 1981 1. (Investors Business Daily)
Target's Warning Stokes Retail Worries Sep 26, 2007
As the weakness appears to spread, J.P. Morgan's Grom is less sanguine about the prospects for down-market venues like Wal-Mart and Family Dollar Stores Inc. (FDO). In addition to a spotty record with inventory controls and other operational issues, these chains face lower-income shoppers that have begun to pare store visits and big purchases as prices for gasoline and food have increased. (SmartMoney)
Family Dollar Loses Value Sep 22, 2007
Family Dollar Stores (nyse: - - )' stock slipped on Friday after JPMorgan Chase analyst Charles Grom lowered his rating to "underweight" from "neutral." Investors reacted quickly to news of the analyst's reduction, causing the stock price to fall $1 ... Grom, who cited strong competition and sluggish economic growth as the causes for his downgrade, expressed his concern for the future of Family Dollar Stores. (Forbes -- Markets)
York Road group chastises city agency in letter Sep 13, 2007
In January, Family Dollar Stores of Maryland Inc. agreed to pay a $2,000 fine and to keep its parking lot in Govans clean. The site, formerly a Save-A-Lot supermarket has long been a source of frustration for area residents and community leaders, who want a mixed-use center there. (Baltimore Messenger, MD)
Getting piece of food stamps Jul 12, 2007
By year end, 5,000 Family Dollar stores should be equipped to sell perishables, according to company projections. Total revenue rose 5. (Charlotte Business Journal, NC)
Family Dollar reports higher net Jun 29, 2007
NEW YORK Family Dollar Stores Inc. Thursday reported a higher quarterly profit, helped by increased sales and improved margins, and gave a forecast for the current period in line with Wall Street expectations. Family Dollar, which operates more than 6,300 stores, said net income rose to $60. (San Diego Union-Tribune -- Business)
Dollar General shareholders approve $6.9 billion buyout Jun 22, 2007
It also has had to fend of tough competition from rivals like Family Dollar Stores Inc.. The company also announced in November plans to close 400 stores and open about 300 new locations. (San Diego Union-Tribune -- Business)
Dollar General shareholders to vote on $6.9 billion buyout deal Jun 21, 2007
Dollar General's earnings have lagged recently amid a restructuring plan to eliminate its packaway system of inventory management where unsold seasonal items were warehoused until the following year and to fend off tough competition from rivals like Matthews, N.C.-based Family Dollar Stores Inc.. The company earlier this month reported its first-quarter profit dropped 27 percent as it incurred higher costs from terminating leases, closing stores and its pending deal to become a private company. (San Diego Union-Tribune -- Business)
Stores on alert for toxic toothpaste Jun 15, 2007
His streak was put to the test Thursday, as Colgate-Palmolive Co. warned retailers that some dollar-type discount stores in New York, New Jersey, Pennsylvania and Maryland were selling counterfeit toothpaste containing a toxic chemical. The operators of Family Dollar and other discount stores sought to reassure Northeastern Pennsylvania residents they did not stock any of the dangerous, phony toothpaste labeled Made in South Africa. (Scranton Times, PA)
Six Signs of a Winner Jun 10, 2007
Retailer Family Dollar Stores (NYSE: FDO) and consumer products giant Procter & Gamble (NYSE: PG) have different business models. Both, however, have trounced the market over the years, and both have paid a dividend ever since they were small companies -- in P&G's case, since 1890. (MSNBC -- Business)
Real estate management pain points an IT issue Apr 27, 2007
Joshua Jewett CIO, Family Dollar Stores Inc. ... Joshua Jewett CIO, Family Dollar Stores Inc.. (SearchCIO.com)
U.S. subprime squeeze could dent comsumer spending Mar 30, 2007
Spending may also be curbed at Dollar General, Family Dollar Stores and Dollar Tree Stores because of higher subprime payments, J.P. Morgan said. "It's difficult to determine any impact," said a Family Dollar spokeswoman, Kiley Rawlins. (International Herald Tribune -- Business Asia)
United States: U.S. growth report trumps oil Mar 30, 2007
J.P.Morgan Chase and Citigroup led bank shares, while Family Dollar Stores climbed after the discount-store owner increased its 2007 profit forecast and an unexpected drop in jobless claims suggested that household spending would hold up. The Federal Reserve's prediction that the economy would continue to expand at a moderate pace depends on gains in employment and consumer spending. (International Herald Tribune -- Business Asia)
Data to Set Speed on Wall Street Mar 26, 2007
The earnings schedule is on the light side, with results expected from Tiffany & Co Inc. and Family Dollar Stores Inc.. Reuters Estimates data on first-quarter earnings through March 16 showed earnings for Standard & Poor's 500 companies were up 5. (Fox News)
KKR to Buy Dollar General for $7 Billion Mar 12, 2007
Family Dollar Stores shares were up $1. 72, or 6%, at $30. (SmartMoney)
Stocks to Watch Mar 8, 2007
Family Dollar Stores Inc. () expects to record a pretax charge of $10. 5 million, or 4 cents a share, for the fiscal year-ended August 26 on improper accounting regarding stock option grants between 1995 and 2006. (Fox News)
Crime in Polk Is At a 35- Year Low Feb 25, 2007
A number of last year's robberies include a string of robberies at Dollar General and Family Dollar stores throughout Polk County. Many of the one-stop dollar shops were "potentially easy targets" because cameras weren't present to catch the suspect or prevent the robberies, Martin said. (The Ledger)
PRODUCT RECALLS Jan 14, 2007
-- Family Dollar Stores of Charlotte, N.C., is recalling 35,000 oscillating ceramic heaters. The heaters can overheat and smoke, posing a fire hazard. (San Francisco Chronicle -- Business)
Rowland residents line up against planned store Jan 12, 2007
He owns 15 Dollar General Stores and Family Dollar Stores in North Carolina, Virginia and Tennessee. owland is going to miss out on a lot of tax money, McCall said. (Lumberton The Robesonian, NC)
Retail Chain Stands Out As Easy Target For Robbers Jan 5, 2007
(CBS 11 News) DALLAS Family Dollar Stores were hit 60 times by armed robberies in 2006, and police say the retailer may be putting lives at risk ... Police say there are ways to make Family Dollar Stores safer for employees and customers, but officers say the North Carolina based retailer isn't listening ... "We employ a variety of tools, including camera systems, panic alarms, sophisticated safes and guards. We have operated stores in Dallas for a number of years, and, unlike other retailers... (CBS 11, TX)
