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With consumer confidence among poor waning, Family Dollar ups assortment, enhances checkout to add trips
MATTHEWS, N.C. — One consequence of the government shutdown may be the erosion of consumer confidence among the poor, noted dollar store operator Howard Levine, executive chairman and CEO of Family Dollar, in a conference call with analysts last week. "The way I think about these kind of things is it's just not a help to consumer confidence," he said. "The threat of the shutdown, the uncertainty regarding some of the government assistance that our consumers impact, the uncertainty around job growth are very real to our customer everyday."
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Family Dollar opens store No. 8,000
LANCASTER, S.C. — Family Dollar last week opened its 8,000th store here, the company announced.
"Lancaster is proud to have been selected as the site of Family Dollar's 8,000th store," stated Joe Shaw, Lancaster's mayor. "We look forward to partnering with Family Dollar to meet the retail needs of our citizens."
"We have over 200 stores in South Carolina, so it certainly is a great fit for us to open this landmark store in the state," commented Howard Levine, Family Dollar chairman and CEO.
