Family Dollars Stores News

David Milstead Globe and Mail Update Published on Friday, Nov. 13, 2009 6:47AM EST Last updated on Friday, Nov.

99 Cents' approach has been to gradually broaden out its appeal, both in products and consumer base, with an eye toward making their recession gains permanent after the recession ends.

Family Dollar Stores, Inc. today announced that Donna Barker has been promoted to the position of Vice President Merchandising, General Merchandise Manager.

Police in North Carolina's largest city say shoplifting has risen more than 20 percent in 2009, and statistics indicate the trend is accelerating.

Matthews, N.C.-based Family Dollar Stores Inc. announced plans to open new stores and renovate older locations, according to Reuters.com. The expansion was announced at the company's analyst meeting on Nov.

Family Dollar Stores is targeting a more affluent customer than its core shopper with a household income of $40,000 per year or less, and why shouldn't it? Visitors with household incomes closer to $70,000 already make up about one-third of the retailer's customer base, and management expects more as the recession continues to hammer away at ...

Dollar stores have picked up substantial new business as consumers seek bargains during the recession.

The store that opens next week at 1720 W. Trade St. includes several features designed to make it especially customer-friendly, says Mtu Pugh, Family Dollar vice president.

The Duke Endowment today announced it is giving $5.7 million to Johnson C. Smith University, perhaps the largest single gift in the school's 140-year-plus history.

Family Dollar sells everything a penny-pincher could ask for at rock-bottom prices.

Among the companies whose shares are expected to see active trade in Wednesday's session are Alcoa Inc., Monsanto Co.

In a sign that consumers are still seeking value purchases as the economy begins to recover, Family Dollar Stores Inc saw a 13% increase in profit during the fiscal fourth quarter of 2009.

On this day, we have begun tracking the following companies as they have shown remarkable correction in recent days, you can access these free reports with a number of other reviews by signing up for your complimentary membership at : Aeropostale Inc.

Filed under: Earnings reports , Wal-Mart , Target Corp. , Family Dollar Stores Family Dollar Stores , like Dollar Tree , is benefiting from the soft economy.

Monsanto Company fourth quarter sales fell 8.3% to $1.88 billion and net loss was $233 million or 43 cents a share.

Family Dollar Stores Option traders got off on the wrong foot after better results from the cheap-and-cheerful variety retailer reported better than expected earnings, blaming a late return to school for unexpected profits.

The Dow Jones industrial average fell while the S&P 500 and Nasdaq indexes were little changed on Wednesday following two days of strong gains, as the first wave of quarterly earnings reports trickled into the market.

Discount retailer Family Dollar Stores Inc. on Wednesday said its fiscal fourth-quarter profit rose 13 percent, beating Wall Street expectations as a weak economy drove consumers to seek value at its stores.

Wholesale club chain Costco Wholesale Corp. said Wednesday that its fiscal fourth quarter profit declined 6% on slowing demand in the U.S. and higher employee benefit costs, while discounter Family Dollar Stores reported a 13% profit rise.

The major indexes rallied for another session as a weaker dollar sent commodities higher and boosted the markets.