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Family Dollar Thesis

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Family Dollar: From Success to Dollar Tree Every Thursday was a treat to my entire family. We all knew that was my father’s payday. Every Thursday, my parents would gather four of us children and we went to the grocery store. My favorite times were when I was the between the ages of four and six. That is when we would go to the Piggly Wiggly around the corner from the house. That store had a Family Dollar right across the parking lot. This was before west Macon, Georgia began to expand and many other grocery stores opened. Each trip to the grocery store resulted in me following my mother, and occasionally my sisters, to Family Dollar after leaving Piggly Wiggly. I would always enjoy walking the aisles, looking at the new products that were placed, and the toy section. I loved the toy section! I did not even care if I had something brought for me, just as long as I got to play in the toy section. Then, the Piggly Wiggly closed and we began visiting …show more content…
The company begin to open several distribution sites throughout the country and expanded its retail stores to over 2,500 (“1990s”). Sales annually for Family Dollar exceeded $1 billion dollars by 1992 and they had a two for one split of common stock in 1992 and 1998 (“1990s”). There was also a three for two split of common stock that occurred in 1997 (“1990s”). As the 2000s rolled around, Family Dollar continued its meteoric rise. Its annual sales exceeded $3 billion in 2000 and $5 billion in 2004, it was added to the S&P 500 index in 2001, was added to the Fortune 500 om 2002, finished first among the S&P 500 in 2008, and celebrated its 50th year in business in 2009 (“2000-2009”). Family Dollar continued to open several other distribution centers throughout the country, cash dividends increased for their thirtieth straight year in 2006, and the company developed Family Hope, a program to help employees distressed by natural disasters, in 2007

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