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Family Dollar Stores Incorporated

A collection of news and information related to Family Dollar Stores Incorporated published by this site and its partners.

Top Family Dollar Stores Incorporated Articles

Displaying items 13-24
  • Top U.S. hedge funds up Walgreen shares; lose some taste for Apple

    (Reuters) - Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter. Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his...
  • Dollar General exploring bid for Family Dollar

    Dollar General exploring bid for Family Dollar
    Dollar General is weighing a bid for Family Dollar Stores that would challenge Chesapeake-based Dollar Tree's $8.5 billion takeover of the discount retailer, people with knowledge of the matter said. Dollar General is working with an adviser to evaluate...
  • Family Dollar investor sues to block Dollar Tree takeover

    Family Dollar investor sues to block Dollar Tree takeover
    A Family Dollar Stores Inc. shareholder contends that directors shortchanged investors in the discount chain by agreeing to an $8.5 billion takeover by rival Dollar Tree Inc., based in Chesapeake, in a deal that discourages other bidders. Dollar Tree'...
  • The dollar store merger shows just how badly Americans are doing

    The dollar store merger shows just how badly Americans are doing
    Mergers-and-acquisition types on Wall Street are no doubt cackling over the proposed $8.5-billion merger of Dollar Tree and Family Dollar Stores -- and why not, since it was spurred in part by corporate sharpshooter Carl Icahn? But the grim reality...
  • Dollar Tree to acquire Family Dollar for $8.5 billion

    Dollar Tree, a Virginia-based company known for selling all of its goods for $1, said Monday morning that it plans to buy Matthews, N.C.-based Family Dollar Stores. The cash-and-stock deal has a value of $8.5 billion, company officials said. It heads off...
  • Dollar Tree to buy Family Dollar in $8.5-billion deal

    Discount retailer Dollar Tree Inc. has agreed to purchase larger rival Family Dollar Stores Inc. for about $8.5 billion. The deal would create a company with $18 billion in annual sales and more than 13,000 stores, more locations than any other North...
  • The day ahead in business

    The day ahead in business
    Reports: Wholesales and inventories for May, weekly jobless claims, Bloomberg Consumer Comfort Index for period ending July 6 Local earnings: None Other earnings: Family Dollar Stores Inc., Progressive Corp. and others Of note: Fed's George speaks on...
  • Family Dollar to close 370 stores, cut prices on 1,000 items

    Family Dollar to close 370 stores, cut prices on 1,000 items
    Family Dollar Stores Inc. said it would close 370 under-performing stores later this year and slash prices on 1,000 products after its profit for the second quarter plunged more than 30%. The North Carolina discount retail chain, which has more than a...
  • Family Dollar to close 370 underperforming stores

    Family Dollar to close 370 underperforming stores
    Family Dollar Stores Inc., seeking to reverse declining sales and profit, said on Thursday it is slashing prices to win shoppers, cutting jobs and shutting hundreds of stores. The retailer has more than 50 stores in Hampton Roads, according to an online...
  • Family Dollar to close 370 stores

    Family Dollar to close 370 stores
    Family Dollar Stores Inc., seeking to reverse declining sales and profit, said on Thursday it is slashing prices to win shoppers, cutting jobs and shutting hundreds of stores. The retailer has more than 50 stores in Hampton Roads, including one on...
  • Surging retail sales signal an economy on the upswing

    Surging retail sales signal an economy on the upswing
    Americans rushed out to shop as frigid weather lifted in March, propelling retail sales at the fastest pace in a year and a half. The gauge from the Commerce Department surged 1.1% last month from February in its biggest leap since September 2012. Sales...
  • 99 Cents Only Stores buyout bid seen as too cheap

     
    Wall Street’s message to 99 Cents Only Stores Inc.: That can’t be your best price! Shares of the City of Commerce-based discount retailer zoomed Friday after management and L.A. buyout firm Leonard Green Partners offered $19.09 a share to...