News & Articles
INDEPENDENT RETAILER magazine is now the official news outlet for Wholesale Central visitors.
Each monthly issue is packed with new product ideas, supplier profiles, retailing news, and
business strategies to help you succeed.
See new articles daily online at IndependentRetailer.com.
Dec 1, 2007
As it opens new units, the company will add food coolers to 575 stores on top of the 5,100 units that now have them. Enhanced food selling space, which is now in 2,700 Family Dollar units, will be added to an additional 2,800 locations.
The company plans to spend between $180 million and $190 million on openings and renovations this year on hopes that the improvements will attract customers during a time when consumer confidence is uncertain, according to Howard Levine, chairman and CEO. "In this environment, consumers need the value and convenience that we offer even more," he said.
Despite its expansion plans, Levine remains cautious about the coming year. The retailer forecasts same store sales growth in a range between one and three percent.
Topic: Wholesale News
Related Articles: dollar store
Entire contents ©2023, Sumner Communications, Inc. (203) 748-2050. All rights reserved. No part of this service may be reproduced in any form without the express written permission of Sumner Communications, Inc. except that an individual may download and/or forward articles via e-mail to a reasonable number of recipients for personal, non-commercial purposes.