Family Dollar

MATTHEWS, N.C. — Family Dollar Stores on Thursday reported a net sales increase of 17.7% to $2.9 billion for the second quarter ended March 2. Comparable stores were up 2.9%.

An extra week in the quarter contributed approximately $189 million in sales. Strong growth in tobacco, food and HBA contributed to a 26.6% lift across consumables, the dollar operator reported. 

MATTHEWS, N.C. — Family Dollar Stores on Monday named Scott Zucker to the newly created position of SVP merchandise operations. Zucker will be responsible for driving the strategy and execution of merchandise initiatives, category management, merchandise planning and replenishment.

NEW YORK -- Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.

ATLANTA — Select Family Dollar Stores will carry an environmentally friendly, individually-sold 3-lb firelog by Enviro-Log, the company stated.

"Family Dollar customers will appreciate the convenience and performance of our 3-lb firelogs, which burn cleaner and hotter than firewood," said Ross McRoy, president of Enviro-Log. "We are thrilled that Family Dollar customers can now take advantage of these environmentally friendly firelogs, as each Enviro-Log provides warmth and comfort for hours at a time."

MATTHEWS, N.C. — Family Dollar stores reported a 12.7% increase in net sales and a 6.6% increase in comps in first quarter 2013, the company said.

WASHINGTON — Several retailers got top scores from a gay-rights organization for their efforts to prevent discrimination against and to include lesbian, gay, bisexual and transgender employees.

The Human Rights Campaign released its 2013 Corporate Equality Index, which gives companies ratings of up to 100% based on their policies regarding LGBT employees and also released a buyer's guide for LGBT consumers.

MATTHEWS, N.C. — Family Dollar Stores last week named Tammy DeBoer as SVP food. DeBoer will report to Paul White, EVP and chief merchandising officer.

"Providing customers with a compelling food assortment is key to driving trips and an important initiative for Family Dollar,” White said. “Tammy’s proven track record in the food industry and her strategic leadership will help drive further enhancements to our assortment and help us increase customer loyalty as we work to continue to expand our market share.”

MATTHEWS, N.C. — Family Dollar on Thursday announced it is expanding its holiday selection to include hundreds of toys and gifts retailing for $10 or less. 

"We know our customers look to Family Dollar to help them celebrate the holidays," stated Michael Bloom, Family Dollar president and COO. "This year, we are proud to offer an expanded selection of items to make this holiday season even more memorable and budget-friendly."