Monday, November 14, 2011

Family Dollar goes coast-to-coast, opens first CA stores

Matthews-based Family Dollar is set to open its first stores in California this week, completing the discount retailer's march west.

The chain was founded in Charlotte more than 50 years ago by entrepreneur Leon Levine. There are now more than 7,000 Family Dollar stores, as the company has ramped up expansion plans and taken advantage of an economy that's left more consumers looking for bargains.

I've written about Family Dollar's move into California before, but here's a story on the LA Times' website with a bit more detail. There's also a press release from Family Dollar today about the store's plans.

The company's first four stores in California will open this week, on Thursday, and plans to have 50 more open in the state by next fall. Family Dollar will target southern California first.