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Bellwether Report.com is Tracking Family Dollar Stores Inc.

Publication: M2 Presswire
Publication Date: 31-AUG-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 August 2006-bellwetherreport.com: Bellwether Report.com is Tracking Family Dollar Stores Inc.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31082006

The Bellwether Report Takes Notice of Family Dollar Stores Inc. (NYSE:FDO)

Penny-pinching moms are important to Family Dollar Stores. The nation's #2 dollar store (behind Dollar General) targets women shopping for a family that earns around $25,000 a year. Fast-growing Family Dollar operates about 6,000 stores in 44 states and the District of Columbia. Hardlines (such as food, health and beauty aids, housewares, and toys) account for nearly 80% of sales; the stores also sell apparel, shoes, and linens. Family Dollar emphasizes neighborhood stores near its low- and middle-income customers in rural and urban areas. Most merchandise (national brands, Family Dollar private labels, and unbranded items) is less than $10. Family Dollar was founded in 1959 by the father of CEO Howard Levine.

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