March 27, 2017 12:31 PM ET

Multiline Retail

Company Overview of Family Dollar Stores Inc.

Company Overview

Family Dollar Stores, Inc. operates a chain of general merchandise retail discount stores primarily for low- and middle-income consumers in the United States. Its merchandise assortment includes consumables, such as batteries, diapers, food products, hardware and automotive supplies, health and beauty aids, household chemicals, paper products, pet food and supplies, and tobacco; and home products, including blankets, sheets, towels, giftware home décor products, and housewares. The company also offers apparel and accessories comprising boys' and girls', infants', men's, and women's clothing, as well as fashion accessories and shoes; and seasonal and electronic products, such as toys, station...

10401 Monroe Road

Matthews, NC 28105

United States

Founded in 1959

35,000 Employees



Key Executives for Family Dollar Stores Inc.

President and Chief Operating Officer
Age: 59
Founder and Chairman Emeritus
Senior Vice President, General Counsel and Corporate Secretary
Age: 52
Executive Vice President of Store Operations
Age: 52
Senior Vice President of Store Operations Support
Compensation as of Fiscal Year 2016.

Family Dollar Stores Inc. Key Developments

Family Dollar Announces Departure of Howard R. Levine as CEO, Effective 15 January 2016

On January 8, 2016, Dollar Tree Inc. announced that Howard R. Levine, CEO of Family Dollar, has completed his role in the integration of Family Dollar and Dollar Tree. As a result, Levine is stepping down as an officer of the company, effective 15 January 2016. The company had announced that Levine would remain with it for a period of time to assist with the integration, reporting to, and supporting, Dollar Tree's CEO, Bob Sasser. Also, Gary Philbin, who was named Family Dollar's president and chief operating officer in July 2015, will continue leading Family Dollar and will continue reporting to Sasser.

Family Dollar Stores Inc.(NYSE:FDO) dropped from FTSE All-World Index (USD)

Family Dollar Stores Inc.(NYSE:FDO) dropped from FTSE All-World Index (USD)

Family Dollar Stores Inc.(NYSE:FDO) dropped from S&P 500 Equal Weighted Index

Family Dollar Stores Inc.(NYSE:FDO) dropped from S&P 500 Equal Weighted Index

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Recent Private Companies Transactions

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