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Family Dollar operates 11 distribution centers - the latest of which opened in St. George, Utah on October 16, 2013. [19] Family Dollar created a game show based on the store in late 2016.
Feb 24, 2024 · February 23, 2024. When he was just 21 years old, Leon Levine opened the first Family Dollar store in Charlotte, North Carolina in 1959. He wanted to offer high-quality merchandise to customers for under $2.00 and even created a general floor plan to ensure that shoppers would be able to easily find their favorite products at any store location.
Key Dates: 1959: Leon Levine opens the first Family Dollar store in Charlotte, North Carolina. 1970: The company goes public. 1979: The company acquires 40 Top Dollar stores. 1982: Family Dollar opens its 500th store. 1987: The company launches a new pricing policy: they will not be undersold. 1992: Sales surpass $1 billion.
- Building His Empire
- Simple and Clean Works
- The Philanthropist
Leon was born in Rockinghamin 1937. His father, Harry, ran The Hub, a five-and-dime department store next to R.W. Goodman down on South Lee Street. They sold clothing and shoes. It wasn’t flashy. But the place was clean, and the shirts were straight and neat. When Leon was 12, his father died, leaving his mother to run the store. At 14, Leon starte...
Some stores exist on some sort of nostalgia or atmosphere. Boutiques do this. Stores at the mall do this. Some places have a certain smell. The clothes are laid out in an ornate manner, or their walls are covered with posters or paint. The music is turned up loud. In those places, you’re not just paying for the stuff you bought. You’re paying for t...
Howard Levine, the son, is the man in charge of the company now, and that’s left Leon to do something with the money he’s spent a lifetime accumulating. He’s giving it away. The Leon Levine Foundation, which he founded in 1980, has given away more than $75 million. He’s funded a cancer center and children’s hospital in Charlotte, a science center a...
A complete timeline of Family Dollar's History from founding to present including key milestones and major events.
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 Matthews, North Carolina. In 1979, Family Dollar stock began trading at the New York Stock Exchange.
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The 1980s were all about expansion as Family Dollar gained popularity as a major regional discount store chain. We opened our 500th store in 1982, and by 1989, we had over 1,500 Family Dollar stores in operation.
