Family Dollar enters California with opening of four locations; company plans to open 450-500 stores in fiscal 2012
MATTHEWS, North Carolina
November 14, 2011
– Family Dollar Stores, Inc. (NYSE: FDO) today announced that it has opened four new stores in California. The stores in Ontario, Rialto, Riverside and Fontana represent the Company’s historic entry into California, and solidify Family Dollar’s position as one of the nation’s fastest-growing retailers. The Company plans to open 450-500 new stores in fiscal 2012.
“We’re proud and excited to bring our value and convenience to more customers with our newest stores in California,” said Howard Levine, Chairman and CEO of Family Dollar. “These stores offer an opportunity to introduce our new neighbors to a more compelling place to shop for everything they need for their families.”
To commemorate the openings, Family Dollar will host grand opening celebrations at all four locations beginning Thursday, November 17th. The weekend-long festivities will include a special ribbon-cutting, fun family activities and a canned food drive to benefit the Second Harvest Food Bank.
About Family Dollar
For more than 50 years, Family Dollar has been providing value and convenience to customers in easy-to-shop neighborhood locations. Family Dollar’s mix of name brands, and quality, private brand merchandise, appeals to shoppers in more than 7,000 stores in rural and urban settings across 45 states. Helping families save on the items they need with everyday low prices creates a strong bond with customers who refer to their neighborhood store as “my Family Dollar.” Headquartered in Matthews, North Carolina, just outside of Charlotte, Family Dollar is a Fortune 300, publicly held company with common stock traded on the New York Stock Exchange under the symbol FDO. For more information, please visit www.familydollar.com.