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<span>Selling pressure</span> </div> </a> <button aria-controls="toc-Selling_pressure-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Selling pressure subsection</span> </button> <ul id="toc-Selling_pressure-sublist" class="vector-toc-list"> <li id="toc-Acquisition_by_Dollar_Tree" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Acquisition_by_Dollar_Tree"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.1</span> <span>Acquisition by Dollar Tree</span> </div> </a> <ul id="toc-Acquisition_by_Dollar_Tree-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Controversies" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Controversies"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Controversies</span> </div> </a> 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.infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">Family Dollar Stores Inc.</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Family_Dollar_logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/5/5f/Family_Dollar_logo.svg/250px-Family_Dollar_logo.svg.png" decoding="async" width="250" height="29" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/5/5f/Family_Dollar_logo.svg/375px-Family_Dollar_logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/5/5f/Family_Dollar_logo.svg/500px-Family_Dollar_logo.svg.png 2x" data-file-width="402" data-file-height="46" /></a></span></td></tr><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Family_Dollar_(Pawtucket,_Rhode_Island)_(51601641545)_(cropped).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bd/Family_Dollar_%28Pawtucket%2C_Rhode_Island%29_%2851601641545%29_%28cropped%29.jpg/250px-Family_Dollar_%28Pawtucket%2C_Rhode_Island%29_%2851601641545%29_%28cropped%29.jpg" decoding="async" width="250" height="160" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bd/Family_Dollar_%28Pawtucket%2C_Rhode_Island%29_%2851601641545%29_%28cropped%29.jpg/375px-Family_Dollar_%28Pawtucket%2C_Rhode_Island%29_%2851601641545%29_%28cropped%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bd/Family_Dollar_%28Pawtucket%2C_Rhode_Island%29_%2851601641545%29_%28cropped%29.jpg/500px-Family_Dollar_%28Pawtucket%2C_Rhode_Island%29_%2851601641545%29_%28cropped%29.jpg 2x" data-file-width="3749" data-file-height="2399" /></a></span><div class="infobox-caption">Family Dollar store in Pawtucket, Rhode Island</div></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiary</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><a href="/wiki/New_York_Stock_Exchange" title="New York Stock Exchange">NYSE</a>: FDO</td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Retail" title="Retail">Retail</a>, Variety, <a href="/wiki/Discount_stores" class="mw-redirect" title="Discount stores">Discount</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">November 1959<span class="noprint">; 65 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">1959-11</span>)</span><br /><a href="/wiki/Charlotte,_North_Carolina" title="Charlotte, North Carolina">Charlotte, North Carolina</a>, U.S.</td></tr><tr><th scope="row" class="infobox-label">Founder</th><td class="infobox-data agent"><a href="/wiki/Leon_Levine" title="Leon Levine">Leon Levine</a></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality"><a href="/wiki/Chesapeake,_Virginia" title="Chesapeake, Virginia">Chesapeake, Virginia</a></div>, <div class="ib-company-country country-name">United States</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of locations</div></th><td class="infobox-data">8,200<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">United States (except <a href="/wiki/Alaska" title="Alaska">Alaska</a> and <a href="/wiki/Hawaii" title="Hawaii">Hawaii</a>)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Gary Philbin (<a href="/wiki/President_(corporate_title)" title="President (corporate title)">president</a> & <a href="/wiki/Chief_operating_officer" title="Chief operating officer">CEO</a>)<br /><a href="/wiki/Howard_R._Levine" title="Howard R. Levine">Howard R. Levine</a> (<a href="/wiki/Board_of_Directors" class="mw-redirect" title="Board of Directors">chairman</a>)</td></tr><tr><th scope="row" class="infobox-label">Products</th><td class="infobox-data">Clothing, cleaning supplies, home decor, and grocery.</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span><a href="/wiki/US$" class="mw-redirect" title="US$">US$</a> 10.489 billion (2014)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span>US$ 284.5 million (2014)</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span>US$ 3.857 billion (2014)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">59,330<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data"><a href="/wiki/Dollar_Tree" title="Dollar Tree">Dollar Tree</a> (2015–present)</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="https://www.familydollar.com">FamilyDollar.com</a></span></td></tr><tr><td colspan="2" class="infobox-below"><b>Footnotes / references</b><br />*Previously traded on NYSE as FDO before DLTR merge. "Family Dollar Merge SEC datafile". www.sec.gov. Published 10/23/2014; access-date10/03/2024. Retrieved 2024-10-03</td></tr></tbody></table> <p><b>Family Dollar Stores, Inc.</b> is an American <a href="/wiki/Variety_store" title="Variety store">variety store</a> chain. With over 8,000 locations in all states except <a href="/wiki/Alaska" title="Alaska">Alaska</a> and <a href="/wiki/Hawaii" title="Hawaii">Hawaii</a>, it was the second largest retailer of its type in the United States until it was acquired by <a href="/wiki/Dollar_Tree" title="Dollar Tree">Dollar Tree</a> in 2015 when its headquarters operations were moved from <a href="/wiki/Matthews,_North_Carolina" title="Matthews, North Carolina">Matthews</a>, a <a href="/wiki/Suburb" title="Suburb">suburb</a> of <a href="/wiki/Charlotte,_North_Carolina" title="Charlotte, North Carolina">Charlotte</a>, <a href="/wiki/North_Carolina" title="North Carolina">North Carolina</a>, to <a href="/wiki/Chesapeake,_Virginia" title="Chesapeake, Virginia">Chesapeake, Virginia</a>, located in <a href="/wiki/South_Hampton_Roads" title="South Hampton Roads">South Hampton Roads</a>.<sup id="cite_ref-:0_3-0" class="reference"><a href="#cite_note-:0-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p><p>In June 2014, <a href="/wiki/Activist_shareholder" class="mw-redirect" title="Activist shareholder">activist investor</a> and major shareholder<sup id="cite_ref-:1_4-0" class="reference"><a href="#cite_note-:1-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Carl_Icahn" title="Carl Icahn">Carl Icahn</a> demanded that Family Dollar be immediately put up for sale.<sup id="cite_ref-:2_5-0" class="reference"><a href="#cite_note-:2-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p><p>On July 28, 2014, <a href="/wiki/Dollar_Tree" title="Dollar Tree">Dollar Tree</a> announced that it would buy Family Dollar for $8.5 billion.<sup id="cite_ref-:3_6-0" class="reference"><a href="#cite_note-:3-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-cltob-buyout_7-0" class="reference"><a href="#cite_note-cltob-buyout-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> The sale delivered a windfall to the company's biggest shareholder, Carl Icahn, who had acquired his 9.4 percent stake in June 2014.<sup id="cite_ref-BidRebuffed_8-0" class="reference"><a href="#cite_note-BidRebuffed-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> On January 22, 2015, Family Dollar shareholders approved the Dollar Tree bid.<sup id="cite_ref-approved_9-0" class="reference"><a href="#cite_note-approved-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p><p>Family Dollar, and dollar stores in general, <span data-darkreader-inline-color="" data-darkreader-inline-bgcolor="">have been alleged to create </span><a href="/wiki/Food_desert" title="Food desert">food deserts</a><span data-darkreader-inline-color="" data-darkreader-inline-bgcolor="">: areas with poor access to healthy and affordable food.</span> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Family_Dollar&action=edit&section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Family Dollar was founded in 1959 by <a href="/wiki/Leon_Levine" title="Leon Levine">Leon Levine</a>, a 21-year-old entrepreneur.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> In November of that year, the company's first store was opened, in <a href="/wiki/Charlotte,_North_Carolina" title="Charlotte, North Carolina">Charlotte, North Carolina</a>.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> In 1961, their first store in <a href="/wiki/South_Carolina" title="South Carolina">South Carolina</a> opened, followed by stores in <a href="/wiki/Georgia_(U.S._state)" title="Georgia (U.S. state)">Georgia</a> and <a href="/wiki/Virginia" title="Virginia">Virginia</a>, which were opened in 1962 and 1965, respectively. During the 1960s, the store company was largely a southern United States operation. By 1969, there were fifty stores in Charlotte alone. </p><p>The 1970s were growing years for the store chain. In 1970, Family Dollar's stock went public for the first time, at $14.50 per share.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> In 1971, the chain's 100th store opened, followed by their 200th in 1974 and their 300th in 1978. Also in 1974, a distribution center was opened in <a href="/wiki/Matthews,_North_Carolina" title="Matthews, North Carolina">Matthews, North Carolina</a>. In 1979, Family Dollar stock began trading at the <a href="/wiki/New_York_Stock_Exchange" title="New York Stock Exchange">New York Stock Exchange</a>. </p><p>In 1981, the chain's 400th store was opened, followed by a 500th store in 1982 and a 700th in 1983. The 1980s saw expansion at a wider scale for the company, and by 1989, 1,500 stores were operating. </p><p>The 1990s saw the pace of expansion slow down compared to the 1980s, with 1,000 stores opened. The company opened distribution centers in <a href="/wiki/West_Memphis,_Arkansas" title="West Memphis, Arkansas">West Memphis, Arkansas</a>; <a href="/wiki/Front_Royal,_Virginia" title="Front Royal, Virginia">Front Royal, Virginia</a> and <a href="/wiki/Duncan,_Oklahoma" title="Duncan, Oklahoma">Duncan, Oklahoma</a>. Since 2000, the pace of growth increased significantly, with the addition of about 3,500 new stores, and new distribution centers opening in <a href="/wiki/Morehead,_Kentucky" title="Morehead, Kentucky">Morehead, Kentucky</a>; <a href="/wiki/Maquoketa,_Iowa" title="Maquoketa, Iowa">Maquoketa, Iowa</a>; <a href="/wiki/Odessa,_Texas" title="Odessa, Texas">Odessa, Texas</a>; <a href="/wiki/Marianna,_Florida" title="Marianna, Florida">Marianna, Florida</a>; and <a href="/wiki/Rome,_New_York" title="Rome, New York">Rome, New York</a>. </p><p>In 2001, Family Dollar joined the <a href="/wiki/S%26P_500" title="S&P 500">S&P 500</a> <a href="/wiki/Stock_market_index" title="Stock market index">stock market index</a>.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> In 2002, the company joined the <a href="/wiki/Fortune_500" title="Fortune 500">Fortune 500</a> list of largest publicly held companies.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> </p><p>When Leon Levine retired in 2003, his son Howard R. Levine succeeded him as <a href="/wiki/Chairman_of_the_board" class="mw-redirect" title="Chairman of the board">Chairman</a> and <a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a>, keeping this multibillion-dollar company in the family. </p><p>In March 2005, Family Dollar restated the company's fiscal 2000 to fiscal 2004 earnings per share downward by 2 cents to 3 cents a year, to correct lease-accounting issues.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> </p><p>As of August 2011, there were 7,000 stores in 44 states.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> According to their website in 2005, Family Dollar opened 500 new stores, 350 more in 2006, and an additional 300 in 2007. According to the Company's 2013 Corporate Profile in 2010, Family Dollar opened 200 new stores, 300 more in 2011, 475 in 2012, and an additional 500 in 2013. On October 3, 2012, Family Dollar said they will open 500 stores in 2013.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> The next day, Family Dollar partnered with Healthways.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> Family Dollar operates 11 distribution centers - the latest of which opened in <a href="/wiki/St._George,_Utah" title="St. George, Utah">St. George, Utah</a> on October 16, 2013.<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> </p><p>Family Dollar created a game show based on the store in late 2016. Hosted by celebrity chef <a href="/wiki/Pat_Neely" title="Pat Neely">Pat Neely</a>, the show <i>Save to Win</i> aired on <a href="/wiki/The_CW" title="The CW">The CW</a> between 2016 and 2017.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> </p><p>In May 2020, eight Family Dollar stores were damaged by rioting and looting during the <a href="/wiki/George_Floyd_protests_in_Minneapolis%E2%80%93Saint_Paul" title="George Floyd protests in Minneapolis–Saint Paul">George Floyd protests in Minneapolis–Saint Paul</a>, with two locations being destroyed by <a href="/wiki/List_of_arson_damage_during_the_George_Floyd_protests_in_Minneapolis%E2%80%93Saint_Paul" class="mw-redirect" title="List of arson damage during the George Floyd protests in Minneapolis–Saint Paul">arson</a> during the widespread civil unrest.<sup id="cite_ref-:12_21-0" class="reference"><a href="#cite_note-:12-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:22_22-0" class="reference"><a href="#cite_note-:22-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:4_23-0" class="reference"><a href="#cite_note-:4-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> </p><p>In February 2022, Family Dollar temporarily closed 400 stores in Alabama, Arkansas, Louisiana, Mississippi, Missouri, and Tennessee and recalled certain products purchased from January 1, 2021, through the present after the FDA found unsanitary conditions, including a rodent infestation, at the company’s <a href="/wiki/Distribution_center" title="Distribution center">distribution center</a> in <a href="/wiki/West_Memphis,_Arkansas" title="West Memphis, Arkansas">West Memphis, Arkansas</a>.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> On May 18, 2022, the company announced that the West Memphis distribution center would be shut down permanently on or before July 17, 2022 with over 300 employees affected.<sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> </p><p>In March 2024, Dollar Tree, owner of Family Dollar stores since 2015, announced it would close 600 retail stores by July 2024 and another 370 over the next few years. The company will also close 30 Dollar Tree stores as well.<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> </p><p>In June 2024 it was reported that Dollar Tree were in discussions to potentially spinoff or sell, Family Dollar due to poor financial performance for the chain. As of December 2024 such a spinoff or sale has not occurred.<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Selling_pressure">Selling pressure</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Family_Dollar&action=edit&section=2" title="Edit section: Selling pressure"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In March 2011, Family Dollar rejected a takeover offer by <a href="/wiki/Nelson_Peltz" title="Nelson Peltz">Nelson Peltz</a>'s <a href="/wiki/Trian_Fund_Management" class="mw-redirect" title="Trian Fund Management">Trian Fund Management</a> reportedly between $55 and $60 a share.<sup id="cite_ref-post_30-0" class="reference"><a href="#cite_note-post-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup> </p><p>On June 6, 2014, activist investor Carl Icahn disclosed that his firm, <a href="/wiki/Icahn_Enterprises" title="Icahn Enterprises">Icahn Enterprises</a>, held a 9.4% stake in Family Dollar.<sup id="cite_ref-:1_4-1" class="reference"><a href="#cite_note-:1-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-icahn-fdo-purchase_31-0" class="reference"><a href="#cite_note-icahn-fdo-purchase-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> On June 19, 2014, Icahn demanded in an <a href="/wiki/Open_letter" title="Open letter">open letter</a> that Family Dollar be put up for sale immediately.<sup id="cite_ref-:0_3-1" class="reference"><a href="#cite_note-:0-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:2_5-1" class="reference"><a href="#cite_note-:2-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Goldman_Sachs" title="Goldman Sachs">Goldman Sachs</a> and other analysts had identified a number of potential buyers.<sup id="cite_ref-32" class="reference"><a href="#cite_note-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup> </p> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Family_Dollar_interior_in_Gillette,_Wyoming.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/a/a0/Family_Dollar_interior_in_Gillette%2C_Wyoming.jpg/170px-Family_Dollar_interior_in_Gillette%2C_Wyoming.jpg" decoding="async" width="170" height="255" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/a/a0/Family_Dollar_interior_in_Gillette%2C_Wyoming.jpg/255px-Family_Dollar_interior_in_Gillette%2C_Wyoming.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/a/a0/Family_Dollar_interior_in_Gillette%2C_Wyoming.jpg/340px-Family_Dollar_interior_in_Gillette%2C_Wyoming.jpg 2x" data-file-width="3648" data-file-height="5472" /></a><figcaption>Interior of a Family Dollar in <a href="/wiki/Gillette,_Wyoming" title="Gillette, Wyoming">Gillette, Wyoming</a></figcaption></figure> <p>As of June 19, 2014, 22% of Family Dollar's shares were controlled by activist investors.<sup id="cite_ref-:0_3-2" class="reference"><a href="#cite_note-:0-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Acquisition_by_Dollar_Tree">Acquisition by Dollar Tree</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Family_Dollar&action=edit&section=3" title="Edit section: Acquisition by Dollar Tree"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On July 28, 2014, <a href="/wiki/Dollar_Tree" title="Dollar Tree">Dollar Tree</a> announced that it would acquire Family Dollar for $74.50 per share, a deal valuing Family Dollar at $8.5 billion, and that Dollar Tree would also assume $1 billion in debt currently owed by Family Dollar, for a total of $9.5 billion.<sup id="cite_ref-:3_6-1" class="reference"><a href="#cite_note-:3-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-wsj-buyout_34-0" class="reference"><a href="#cite_note-wsj-buyout-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup> Dollar Tree CEO Bob Sasser said that Family Dollar CEO Howard R. Levine will remain with the company following the merger and will be appointed to Dollar Tree's <a href="/wiki/Board_of_directors" title="Board of directors">board of directors</a>.<sup id="cite_ref-cltob-buyout_7-1" class="reference"><a href="#cite_note-cltob-buyout-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Dollar_General" title="Dollar General">Dollar General</a> entered the bidding, shortly thereafter, surpassing Dollar Tree's offer on August 18, 2014,<sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">[</span>35<span class="cite-bracket">]</span></a></sup> $78.50 a share compared to Dollar Tree's offer of $74.50 a share. The enterprise value of the Dollar General bid was $9.7 billion compared to that of Dollar Tree of $9.2 billion, while the quantum return to shareholders was varying as the stock and cash deal valuation was subjected to fluctuations of price of the competing bidders stock. On August 20, 2014, Family Dollar rejected the Dollar General bid, saying it was not a matter of price, but concerns over antitrust issues that had convinced the company and its advisers that the deal could not be concluded on the terms proposed.<sup id="cite_ref-BidRebuffed_8-1" class="reference"><a href="#cite_note-BidRebuffed-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> Days after, Dollar General CEO Rick Dreiling sent a letter to the Family Dollar board of directors claiming that Levine rejected merger requests to protect his job.<sup id="cite_ref-36" class="reference"><a href="#cite_note-36"><span class="cite-bracket">[</span>36<span class="cite-bracket">]</span></a></sup> Levine, in a statement, said the Family Dollar board had been analyzing potential antitrust issues that could arise from doing a deal with Dollar General since the start of the year, and that was the reason it was not accepting the Dollar General bid.<sup id="cite_ref-BidRebuffed_8-2" class="reference"><a href="#cite_note-BidRebuffed-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> </p><p>On January 22, 2015, Family Dollar shareholders approved the Dollar Tree bid.<sup id="cite_ref-approved_9-1" class="reference"><a href="#cite_note-approved-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p><p>Several stores were required to be sold as a condition of the sale. <a href="/wiki/Sycamore_Partners" title="Sycamore Partners">Sycamore Partners</a> acquired the stores in 2014 under the corporate name Dollar Express. The stores continued to operate under the Family Dollar name. In 2017, <a href="/wiki/Dollar_General" title="Dollar General">Dollar General</a> acquired Dollar Express and converted the stores.<sup id="cite_ref-37" class="reference"><a href="#cite_note-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> </p><p>As a result of Family Dollar's sale to Dollar Tree, some Family Dollar stores have opened in the same plaza, and at times even next door to Dollar Tree locations.<sup id="cite_ref-38" class="reference"><a href="#cite_note-38"><span class="cite-bracket">[</span>38<span class="cite-bracket">]</span></a></sup> On March 6, 2019, the retailer announced that it will close up to 400 stores nationwide due to heavy pressure from an <a href="/wiki/Activist_shareholder" class="mw-redirect" title="Activist shareholder">activist investor</a>. Most store locations were either shut down entirely or replaced with Dollar Tree stores.<sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">[</span>39<span class="cite-bracket">]</span></a></sup> </p><p>The company has deployed a newer store format known as "H2" in new and renovated locations, which have a larger focus on groceries and incorporate Dollar Tree merchandise.<sup id="cite_ref-40" class="reference"><a href="#cite_note-40"><span class="cite-bracket">[</span>40<span class="cite-bracket">]</span></a></sup> The company has also deployed co-branded Family Dollar/Dollar Tree stores in smaller markets.<sup id="cite_ref-41" class="reference"><a href="#cite_note-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Controversies">Controversies</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Family_Dollar&action=edit&section=4" title="Edit section: Controversies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Allegations_of_creating_food_deserts">Allegations of creating food deserts</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Family_Dollar&action=edit&section=5" title="Edit section: Allegations of creating food deserts"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Family Dollar, and dollar stores in general, have been alleged by a number of studies, individuals, and organizations to proliferate <a href="/wiki/Food_desert" title="Food desert">food deserts</a>: areas with limited access to healthy and affordable food.<sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">[</span>42<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-43" class="reference"><a href="#cite_note-43"><span class="cite-bracket">[</span>43<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:13_44-0" class="reference"><a href="#cite_note-:13-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-45" class="reference"><a href="#cite_note-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:23_46-0" class="reference"><a href="#cite_note-:23-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-47" class="reference"><a href="#cite_note-47"><span class="cite-bracket">[</span>47<span class="cite-bracket">]</span></a></sup> Dollar stores are alleged to outcompete local grocery stores, and end up being one of the few options available for purchasing food in some communities.<sup id="cite_ref-:32_48-0" class="reference"><a href="#cite_note-:32-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:23_46-1" class="reference"><a href="#cite_note-:23-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup> In line with these allegations, a number of states have passed restrictions on where new dollar stores can be opened.<sup id="cite_ref-:32_48-1" class="reference"><a href="#cite_note-:32-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Family_Dollar&action=edit&section=6" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.vault.com/company-profiles/retail/family-dollar-stores-inc">"Top Companies for | Find the Company"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210122074344/https://www.vault.com/company-profiles/retail/family-dollar-stores-inc">Archived</a> from the original on 2021-01-22<span class="reference-accessdate">. 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Retrieved <span class="nowrap">2022-11-24</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Family+Dollar+LinkedIn&rft_id=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffamily-dollar%3Foriginal_referer%3Dhttps%253A%252F%252Fwww.google.com%252F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-:0-3"><span class="mw-cite-backlink">^ <a href="#cite_ref-:0_3-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:0_3-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-:0_3-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKilgore" class="citation web cs1">Kilgore, Tomi. <a rel="nofollow" class="external text" href="https://www.marketwatch.com/story/dollar-tree-to-close-family-dollar-hq-offer-relocation-to-700-employees-2018-09-18">"Dollar Tree to close Family Dollar HQ, offer relocation to 700 employees"</a>. <i>MarketWatch</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240904224246/https://www.marketwatch.com/story/dollar-tree-to-close-family-dollar-hq-offer-relocation-to-700-employees-2018-09-18">Archived</a> from the original on 2024-09-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2019-03-06</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=MarketWatch&rft.atitle=Dollar+Tree+to+close+Family+Dollar+HQ%2C+offer+relocation+to+700+employees&rft.aulast=Kilgore&rft.aufirst=Tomi&rft_id=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fdollar-tree-to-close-family-dollar-hq-offer-relocation-to-700-employees-2018-09-18&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-:1-4"><span class="mw-cite-backlink">^ <a href="#cite_ref-:1_4-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:1_4-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.sec.gov/Archives/edgar/data/34408/000092846414000058/fdosch13d060614.htm">"fdosch13d060614.htm"</a>. <i>www.sec.gov</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20230907234752/https://www.sec.gov/Archives/edgar/data/34408/000092846414000058/fdosch13d060614.htm">Archived</a> from the original on 2023-09-07<span class="reference-accessdate">. Retrieved <span class="nowrap">2018-07-18</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.sec.gov&rft.atitle=fdosch13d060614.htm&rft_id=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F34408%2F000092846414000058%2Ffdosch13d060614.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-:2-5"><span class="mw-cite-backlink">^ <a href="#cite_ref-:2_5-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:2_5-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.sec.gov/Archives/edgar/data/34408/000092846414000063/fdosch13damd10619ex1.htm">"fdosch13damd10619ex1.htm"</a>. <i>www.sec.gov</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20230907234728/https://www.sec.gov/Archives/edgar/data/34408/000092846414000063/fdosch13damd10619ex1.htm">Archived</a> from the original on 2023-09-07<span class="reference-accessdate">. Retrieved <span class="nowrap">2018-07-18</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.sec.gov&rft.atitle=fdosch13damd10619ex1.htm&rft_id=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F34408%2F000092846414000063%2Ffdosch13damd10619ex1.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-:3-6"><span class="mw-cite-backlink">^ <a href="#cite_ref-:3_6-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:3_6-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKumar" class="citation news cs1">Kumar, Devika Krishna. <a rel="nofollow" class="external text" href="https://www.reuters.com/article/us-family-dollar-st-offer-idUSKBN0FX0SX20140728">"Dollar Tree to buy Family Dollar to stave off competition"</a>. <i>U.S</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20140728112704/https://www.reuters.com/article/2014/07/28/us-family-dollar-st-offer-idUSKBN0FX0SX20140728">Archived</a> from the original on July 28, 2014<span class="reference-accessdate">. Retrieved <span class="nowrap">2018-07-18</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=U.S.&rft.atitle=Dollar+Tree+to+buy+Family+Dollar+to+stave+off+competition&rft.aulast=Kumar&rft.aufirst=Devika+Krishna&rft_id=https%3A%2F%2Fwww.reuters.com%2Farticle%2Fus-family-dollar-st-offer-idUSKBN0FX0SX20140728&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-cltob-buyout-7"><span class="mw-cite-backlink">^ <a href="#cite_ref-cltob-buyout_7-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-cltob-buyout_7-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20140728173554/http://www.charlotteobserver.com/2014/07/28/5071476/matthews-based-family-dollar-bought.html">"Charlotte region loses corporate headquarters in Family Dollar buyout"</a>. <i><a href="/wiki/The_Charlotte_Observer" title="The Charlotte Observer">The Charlotte Observer</a></i>. Archived from <a rel="nofollow" class="external text" href="http://www.charlotteobserver.com/2014/07/28/5071476/matthews-based-family-dollar-bought.html">the original</a> on 2014-07-28<span class="reference-accessdate">. Retrieved <span class="nowrap">2014-07-28</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Charlotte+Observer&rft.atitle=Charlotte+region+loses+corporate+headquarters+in+Family+Dollar+buyout&rft_id=http%3A%2F%2Fwww.charlotteobserver.com%2F2014%2F07%2F28%2F5071476%2Fmatthews-based-family-dollar-bought.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-BidRebuffed-8"><span class="mw-cite-backlink">^ <a href="#cite_ref-BidRebuffed_8-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-BidRebuffed_8-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-BidRebuffed_8-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.charlottenews.net/index.php/sid/224972437">"Family Dollar rejects $9.7 bn acquisition bid by Dollar General"</a>. Charlotte News.Net. 21 August 2014. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20160306142851/http://www.charlottenews.net/index.php/sid/224972437">Archived</a> from the original on 6 March 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">22 August</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Family+Dollar+rejects+%249.7+bn+acquisition+bid+by+Dollar+General&rft.date=2014-08-21&rft_id=http%3A%2F%2Fwww.charlottenews.net%2Findex.php%2Fsid%2F224972437&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-approved-9"><span class="mw-cite-backlink">^ <a href="#cite_ref-approved_9-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-approved_9-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRamakrishnanOtterbourg2015" class="citation news cs1">Ramakrishnan, Sruthi; Otterbourg, Ken (January 22, 2015). <a rel="nofollow" class="external text" href="https://www.reuters.com/article/us-family-dollar-st-offer-meeting-idUSKBN0KV1PR20150122">"Family Dollar shareholders approve Dollar Tree deal"</a>. <i><a href="/wiki/Reuters" title="Reuters">Reuters</a></i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20150122151840/https://www.reuters.com/article/2015/01/22/us-family-dollar-st-offer-meeting-idUSKBN0KV1PR20150122">Archived</a> from the original on January 22, 2015<span class="reference-accessdate">. Retrieved <span class="nowrap">January 22,</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Reuters&rft.atitle=Family+Dollar+shareholders+approve+Dollar+Tree+deal&rft.date=2015-01-22&rft.aulast=Ramakrishnan&rft.aufirst=Sruthi&rft.au=Otterbourg%2C+Ken&rft_id=https%3A%2F%2Fwww.reuters.com%2Farticle%2Fus-family-dollar-st-offer-meeting-idUSKBN0KV1PR20150122&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://northcarolinahistory.org/encyclopedia/family-dollar-stores/">"Family Dollar Stores - North Carolina History Project"</a>. <i>North Carolina History Project</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240904224246/https://northcarolinahistory.org/encyclopedia/family-dollar-stores/">Archived</a> from the original on 2024-09-04<span class="reference-accessdate">. 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Retrieved <span class="nowrap">2024-03-13</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=NBC+News&rft.atitle=Family+Dollar+to+close+almost+1%2C000+stores&rft.date=2024-03-13&rft_id=https%3A%2F%2Fwww.nbcnews.com%2Fbusiness%2Fbusiness-news%2Ffamily-dollar-closing-nearly-1000-stores-where-why-rcna143148&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-28"><span class="mw-cite-backlink"><b><a href="#cite_ref-28">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.bloomberg.com/news/articles/2024-06-05/dollar-tree-considering-sale-spinoff-of-family-dollar-unit">"Dollar Tree Considering Sale, Spinoff of Family Dollar Unit"</a>. <i>Bloomberg.com</i>. 2024-06-05<span class="reference-accessdate">. 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Retrieved <span class="nowrap">2017-03-07</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Bloomberg&rft.atitle=Family+Dollar+Rejects+Buyout+Offer+From+Peltz%27s+Trian%2C+Adopts+Poison+Pill&rft.date=2011-03-03&rft.aulast=Burritt&rft.aufirst=Chris&rft_id=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2F2011-03-03%2Ffamily-dollar-rejects-buyout-offer-from-peltz-s-trian-adopts-poison-pill.html%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-icahn-fdo-purchase-31"><span class="mw-cite-backlink"><b><a href="#cite_ref-icahn-fdo-purchase_31-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20140707094855/http://investor.familydollar.com/investors-relations/news-releases/Press-Release-Details/2014/Family-Dollar-Comments-on-Icahn-Letter/default.aspx">"Family Dollar - Family Dollar Comments on Icahn Letter"</a>. 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Retrieved <span class="nowrap">2014-06-21</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Family+Dollar+-+Family+Dollar+Comments+on+Icahn+Letter&rft_id=http%3A%2F%2Finvestor.familydollar.com%2Finvestors-relations%2Fnews-releases%2FPress-Release-Details%2F2014%2FFamily-Dollar-Comments-on-Icahn-Letter%2Fdefault.aspx&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-32"><span class="mw-cite-backlink"><b><a href="#cite_ref-32">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.streetinsider.com/Analyst+Comments/Family+Dollar+(FDO)+Has+Large+Number+of+Potential+Suitors%2C+Says+Goldman+Sachs/9600512.html">"Family Dollar (FDO) Has Large Number of Potential Suitors, Says Goldman Sachs"</a>. <i>StreetInsider.com</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=StreetInsider.com&rft.atitle=Family+Dollar+%28FDO%29+Has+Large+Number+of+Potential+Suitors%2C+Says+Goldman+Sachs&rft_id=http%3A%2F%2Fwww.streetinsider.com%2FAnalyst%2BComments%2FFamily%2BDollar%2B%28FDO%29%2BHas%2BLarge%2BNumber%2Bof%2BPotential%2BSuitors%252C%2BSays%2BGoldman%2BSachs%2F9600512.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-33"><span class="mw-cite-backlink"><b><a href="#cite_ref-33">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://finance.yahoo.com/news/icahn-sale-urgency-isn-t-143437862.html">"Icahn's Sale Urgency Isn't Family Dollar's First Rodeo"</a>. <i>Yahoo Finance</i>. 20 June 2014. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20160305072924/http://finance.yahoo.com/news/icahn-sale-urgency-isn-t-143437862.html">Archived</a> from the original on 5 March 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">15 January</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Yahoo+Finance&rft.atitle=Icahn%27s+Sale+Urgency+Isn%27t+Family+Dollar%27s+First+Rodeo&rft.date=2014-06-20&rft_id=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Ficahn-sale-urgency-isn-t-143437862.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-wsj-buyout-34"><span class="mw-cite-backlink"><b><a href="#cite_ref-wsj-buyout_34-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.wsj.com/articles/dollar-tree-to-buy-family-dollar-for-74-50-a-share-1406542575">"Battle for Poor Shoppers Fuels Dollar-Store Deal"</a>. <i>Wall Street Journal</i>. 28 July 2014. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20230907234716/https://www.wsj.com/articles/dollar-tree-to-buy-family-dollar-for-74-50-a-share-1406542575">Archived</a> from the original on 7 September 2023<span class="reference-accessdate">. Retrieved <span class="nowrap">13 March</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Wall+Street+Journal&rft.atitle=Battle+for+Poor+Shoppers+Fuels+Dollar-Store+Deal&rft.date=2014-07-28&rft_id=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fdollar-tree-to-buy-family-dollar-for-74-50-a-share-1406542575&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-35"><span class="mw-cite-backlink"><b><a href="#cite_ref-35">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFDavidsonShell" class="citation news cs1">Davidson, Paul; Shell, Adam. <a rel="nofollow" class="external text" href="https://www.usatoday.com/story/money/business/2014/08/18/dollar-general-family-dollar/14220237/">"Dollar General offers $9.7B for Family Dollar"</a>. <i>The USA Today</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20230907234716/https://www.usatoday.com/story/money/business/2014/08/18/dollar-general-family-dollar/14220237/">Archived</a> from the original on 7 September 2023<span class="reference-accessdate">. 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Retrieved <span class="nowrap">2020-10-20</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Enterprise&rft.atitle=Another+day%2C+another+dollar+store+in+Stoughton&rft.aulast=Berke&rft.aufirst=Ben&rft_id=https%3A%2F%2Fwww.enterprisenews.com%2Fnews%2F20181210%2Fanother-day-another-dollar-store-in-stoughton&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-39"><span class="mw-cite-backlink"><b><a href="#cite_ref-39">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.wcpo.com/news/national/family-dollar-will-close-nearly-400-stores">"Family Dollar will close nearly 400 stores"</a>. <i>WCPO</i>. 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Retrieved <span class="nowrap">March 6,</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=WCPO&rft.atitle=Family+Dollar+will+close+nearly+400+stores&rft.date=2019-03-06&rft_id=https%3A%2F%2Fwww.wcpo.com%2Fnews%2Fnational%2Ffamily-dollar-will-close-nearly-400-stores&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-40"><span class="mw-cite-backlink"><b><a href="#cite_ref-40">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFGreg_Lindenberg2019" class="citation web cs1">Greg Lindenberg (March 7, 2019). <a rel="nofollow" class="external text" href="https://www.winsightgrocerybusiness.com/retailers/dollar-tree-close-rebrand-hundreds-family-dollar-stores">"Dollar Tree to Close, Rebrand Hundreds of Family Dollar Stores"</a>. <i>Winsight Grocery Business</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210814195715/https://www.winsightgrocerybusiness.com/retailers/dollar-tree-close-rebrand-hundreds-family-dollar-stores">Archived</a> from the original on 2021-08-14<span class="reference-accessdate">. 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Retrieved <span class="nowrap">2024-07-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Salon&rft.atitle=How+dollar+stores+exacerbated+American+food+deserts+%E2%80%94+and+what+it+means+when+they+leave+them&rft.date=2024-03-17&rft.aulast=Stevens&rft.aufirst=Ashlie+D.&rft_id=https%3A%2F%2Fwww.salon.com%2F2024%2F03%2F17%2Fhow-dollar-stores-exacerbated-american-deserts--and-what-it-means-when-they-leave-them%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-43"><span class="mw-cite-backlink"><b><a href="#cite_ref-43">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.theglobeandmail.com/investing/markets/stocks/DLTR/pressreleases/24810428/family-dollar-closures-spark-food-desert-concerns-heres-what-you-can-do/">"Dollar Tree Inc (DLTR-Q) Quote - Press Release"</a>. <i>The Globe and Mail</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240904225322/https://www.theglobeandmail.com/investing/markets/stocks/DLTR/pressreleases/24810428/family-dollar-closures-spark-food-desert-concerns-heres-what-you-can-do/">Archived</a> from the original on 2024-09-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2024-07-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Globe+and+Mail&rft.atitle=Dollar+Tree+Inc+%28DLTR-Q%29+Quote+-+Press+Release&rft_id=https%3A%2F%2Fwww.theglobeandmail.com%2Finvesting%2Fmarkets%2Fstocks%2FDLTR%2Fpressreleases%2F24810428%2Ffamily-dollar-closures-spark-food-desert-concerns-heres-what-you-can-do%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-:13-44"><span class="mw-cite-backlink"><b><a href="#cite_ref-:13_44-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFCorkery2023" class="citation news cs1">Corkery, Michael (2023-03-01). <a rel="nofollow" class="external text" href="https://www.nytimes.com/2023/03/01/business/dollar-stores-rejected.html">"As Dollar Stores Proliferate, Some Communities Say No"</a>. <i>The New York Times</i>. <a href="/wiki/ISSN_(identifier)" class="mw-redirect" title="ISSN (identifier)">ISSN</a> <a rel="nofollow" class="external text" href="https://search.worldcat.org/issn/0362-4331">0362-4331</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240904225322/https://www.nytimes.com/2023/03/01/business/dollar-stores-rejected.html">Archived</a> from the original on 2024-09-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2024-07-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+New+York+Times&rft.atitle=As+Dollar+Stores+Proliferate%2C+Some+Communities+Say+No&rft.date=2023-03-01&rft.issn=0362-4331&rft.aulast=Corkery&rft.aufirst=Michael&rft_id=https%3A%2F%2Fwww.nytimes.com%2F2023%2F03%2F01%2Fbusiness%2Fdollar-stores-rejected.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-45"><span class="mw-cite-backlink"><b><a href="#cite_ref-45">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBrown2022" class="citation web cs1">Brown, Wesley (2022-04-20). <a rel="nofollow" class="external text" href="https://www.eater.com/23026173/dollar-store-general-food-deserts">"As Dollar Stores Proliferate Food Deserts, Some Communities Push Back"</a>. <i>Eater</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240904225323/https://www.eater.com/23026173/dollar-store-general-food-deserts">Archived</a> from the original on 2024-09-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2024-07-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Eater&rft.atitle=As+Dollar+Stores+Proliferate+Food+Deserts%2C+Some+Communities+Push+Back&rft.date=2022-04-20&rft.aulast=Brown&rft.aufirst=Wesley&rft_id=https%3A%2F%2Fwww.eater.com%2F23026173%2Fdollar-store-general-food-deserts&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-:23-46"><span class="mw-cite-backlink">^ <a href="#cite_ref-:23_46-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:23_46-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFCampbell2023" class="citation web cs1">Campbell, Chris (2023-04-26). <a rel="nofollow" class="external text" href="https://foodinstitute.com/focus/dollar-stores-are-becoming-problem-for-grocers/">"Dollar Stores Are Becoming Problem for Grocers"</a>. <i>The Food Institute</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240725113142/https://foodinstitute.com/focus/dollar-stores-are-becoming-problem-for-grocers/">Archived</a> from the original on 2024-07-25<span class="reference-accessdate">. Retrieved <span class="nowrap">2024-07-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=The+Food+Institute&rft.atitle=Dollar+Stores+Are+Becoming+Problem+for+Grocers&rft.date=2023-04-26&rft.aulast=Campbell&rft.aufirst=Chris&rft_id=https%3A%2F%2Ffoodinstitute.com%2Ffocus%2Fdollar-stores-are-becoming-problem-for-grocers%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-47"><span class="mw-cite-backlink"><b><a href="#cite_ref-47">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.keranews.org/news/2023-12-20/north-texas-dollar-stores-are-adding-produce-is-it-really-a-win-for-food-deserts">"North Texas dollar stores are adding produce. Is it really a win for food deserts?"</a>. <i>KERA News</i>. 2023-12-20. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240904225324/https://www.keranews.org/news/2023-12-20/north-texas-dollar-stores-are-adding-produce-is-it-really-a-win-for-food-deserts">Archived</a> from the original on 2024-09-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2024-07-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=KERA+News&rft.atitle=North+Texas+dollar+stores+are+adding+produce.+Is+it+really+a+win+for+food+deserts%3F&rft.date=2023-12-20&rft_id=https%3A%2F%2Fwww.keranews.org%2Fnews%2F2023-12-20%2Fnorth-texas-dollar-stores-are-adding-produce-is-it-really-a-win-for-food-deserts&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> <li id="cite_note-:32-48"><span class="mw-cite-backlink">^ <a href="#cite_ref-:32_48-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:32_48-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.cbsnews.com/news/dollar-stores-and-food-deserts-the-latest-struggle-between-main-street-and-corporate-america/">"Dollar Stores and food deserts: The latest struggle between Main Street and corporate America - CBS News"</a>. <i>www.cbsnews.com</i>. 2019-12-08. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240725113139/https://www.cbsnews.com/news/dollar-stores-and-food-deserts-the-latest-struggle-between-main-street-and-corporate-america/">Archived</a> from the original on 2024-07-25<span class="reference-accessdate">. Retrieved <span class="nowrap">2024-07-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.cbsnews.com&rft.atitle=Dollar+Stores+and+food+deserts%3A+The+latest+struggle+between+Main+Street+and+corporate+America+-+CBS+News&rft.date=2019-12-08&rft_id=https%3A%2F%2Fwww.cbsnews.com%2Fnews%2Fdollar-stores-and-food-deserts-the-latest-struggle-between-main-street-and-corporate-america%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFamily+Dollar" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Family_Dollar&action=edit&section=7" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1235681985">.mw-parser-output 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(store)">Action</a> (Netherlands)</li> <li><a href="/wiki/Dealz" title="Dealz">Dealz</a> (Ireland, Poland, Spain)</li> <li><a href="/wiki/El_Corte_Ingl%C3%A9s" title="El Corte Inglés">El Corte Inglés</a> (Spain)</li> <li><a href="/wiki/EuroGeneral" title="EuroGeneral">EuroGiant</a> (Ireland)</li> <li><a href="/wiki/Flying_Tiger_Copenhagen" title="Flying Tiger Copenhagen">Flying Tiger Copenhagen</a> (Denmark)</li> <li><a href="/wiki/F%C3%B8tex" title="Føtex">føtex</a> (Denmark)</li> <li><a href="/wiki/HEMA_(store)" title="HEMA (store)">HEMA</a> (Netherlands)</li> <li><a href="/wiki/Monoprix" title="Monoprix">Monoprix</a> (France)</li> <li><a href="/wiki/Normal_(chain_store)" title="Normal (chain store)">Normal</a> (Denmark)</li> <li><a href="/wiki/UPIM" title="UPIM">UPIM</a> (Italy)</li> <li><a href="/wiki/Karstadt" title="Karstadt">Karstadt</a> (Germany)</li> <li><a href="/wiki/Tokmanni" title="Tokmanni">Tokmanni</a> (Finland)</li> <li><a href="/wiki/Zeeman_(store)" title="Zeeman (store)">Zeeman</a> (Netherlands)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">United<br />Kingdom</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/B%26M" title="B&M">B&M</a></li> <li><a href="/wiki/Bargain_Buys" title="Bargain Buys">Bargain Buys</a></li> <li><a href="/wiki/Boyes_(retailer)" title="Boyes (retailer)">Boyes</a></li> <li><a href="/wiki/Home_Bargains" title="Home Bargains">Home Bargains</a></li> <li><a href="/wiki/OneBeyond" title="OneBeyond">OneBeyond</a></li> <li><a href="/wiki/The_Original_Factory_Shop" title="The Original Factory Shop">The Original Factory Shop</a></li> <li><a href="/wiki/Poundland" title="Poundland">Poundland</a></li> <li><a href="/wiki/Poundstretcher" title="Poundstretcher">Poundstretcher</a></li> <li><a href="/wiki/Quality_Discounts" class="mw-redirect" title="Quality Discounts">Quality Discounts</a></li> <li><a href="/wiki/Yorkshire_Trading_Company" title="Yorkshire Trading Company">Yorkshire Trading Company</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">North<br />America</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Canada</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/A_Buck_or_Two" title="A Buck or Two">A Buck or Two</a></li> <li><a href="/wiki/Dollar_Tree_Canada" class="mw-redirect" title="Dollar Tree Canada">Dollar Tree Canada</a></li> <li><a href="/wiki/Dollarama" title="Dollarama">Dollarama</a></li> <li><a href="/wiki/Fields_(department_store)" title="Fields (department store)">Fields</a></li> <li><a href="/wiki/Giant_Tiger" title="Giant Tiger">Giant Tiger</a></li> <li><a href="/wiki/Great_Canadian_Dollar_Store" title="Great Canadian Dollar Store">Great Canadian Dollar Store</a></li> <li><a href="/wiki/Hart_Stores" title="Hart Stores">Hart Stores</a></li> <li><a href="/wiki/The_Bargain!_Shop" title="The Bargain! Shop">Red Apple and The Bargain! Shop</a></li> <li><a href="/wiki/Rossy" title="Rossy">Rossy</a></li> <li><a href="/wiki/Your_Dollar_Store_with_More" title="Your Dollar Store with More">Your Dollar Store with More</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Mexico</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Casa_Ley" title="Casa Ley">Casa Ley</a></li> <li><a href="/wiki/Waldo%27s_Dollar_Mart" class="mw-redirect" title="Waldo's Dollar Mart">Waldo's Dollar Mart</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">United<br />States</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/99_Cents_Only_Stores" title="99 Cents Only Stores">99 Cents Only Stores</a></li> <li><a href="/wiki/ABC_Stores_(Hawaii)" class="mw-redirect" title="ABC Stores (Hawaii)">ABC Stores</a></li> <li><a href="/wiki/Big_Lots" title="Big Lots">Big Lots</a></li> <li><a href="/wiki/Daiso" title="Daiso">Daiso</a> (also Canada)</li> <li><a href="/wiki/Dollar_General" title="Dollar General">Dollar General</a></li> <li><a href="/wiki/Dollar_Tree" title="Dollar Tree">Dollar Tree</a></li> <li><a class="mw-selflink selflink">Family Dollar</a></li> <li><a href="/wiki/Five_Below" title="Five Below">Five Below</a></li> <li><a href="/wiki/Ollie%27s_Bargain_Outlet" title="Ollie's Bargain Outlet">Ollie's Bargain Outlet</a></li> <li><a href="/wiki/Ocean_State_Job_Lot" title="Ocean State Job Lot">Ocean State Job Lot</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Oceania</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Daiso" title="Daiso">Daiso</a> (Australia)</li> <li><a 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