When Does Maple Avenue’S Family Dollar Open?

Family Dollar is a convenient store that offers high-quality products at low prices, including groceries, housewares, toys, and more. To find a Family Dollar store near you, simply enter your city or zip code and look for the store’s hours from 8:00 am to 10:00 pm. For example, if you plan to visit on Monday, its working hours are from 8:00 am to 10:00 pm.

In Zanesville, OH, you can find Family Dollar at 1240 Maple Ave Maple. The store has a wide assortment of items, with delivery windows starting as early as 9am and running as late as midnight. Delivery hours are subject to store operating hours, which includes holidays.

For more information on Family Dollar in Dallas, TX, visit their website, get reviews, map, and directions. They also have 91 customer reviews and can be found on their website.

Family Dollar stores in Burlington, NC, Burlington, NC 27215, and 17000 Broadway Ave Maple Heights, OH 44137 are open until 9:00 am. They also have a location at 4807 Maple Ave Ste 100, Dallas, TX 75219. Payment methods include debit and are available at their Maple Avenue Shopping Center.

In summary, Family Dollar is a great place to shop for affordable and high-quality products. Their locations in various cities and zip codes offer a variety of shopping options, including grocery stores, housewares, toys, and more. Customers can find their nearest Family Dollar store by entering their city or zip code and checking their hours, directions, and phone numbers.

Is Family Dollar Going Out Of Business In 2024?

At least 13 retail brands are set to close U. S. stores in 2024, totaling around 2, 055 locations. The largest chain, Family Dollar, plans to shut down at least 600 stores this year due to significant underperformance. Parent company Dollar Tree Inc. announced nearly 1, 000 Family Dollar closures beginning in 2024. In Elkins, West Virginia, a Family Dollar is currently selling its merchandise at a 50% discount before closing. Dollar Tree will close about 600 locations in the first half of 2024, with an additional 370 closures expected as leases expire over the coming years.

The decisions come amid challenges faced by the retailers, including inflation, a shift in consumer spending, and concerns over shoplifting. Family Dollar’s closure of the 600 stores represents about 12% of its locations across the U. S. Other retailers are also scaling back, including Walgreens, which is closing 259 stores, and Big Lots, which is shutting down 360 locations. The retail landscape is shifting as companies adjust to evolving market conditions and economic pressures, resulting in significant downsizing across various brands.

How Do I Contact Family Dollar Human Resources?

For inquiries related to employment, open positions, or employee issues at Family Dollar, contact the Human Resources Service Center at 1-844-636-7687, available from 9 AM to 5 PM, preferably calling at 11 AM. You can also reach the Internal Audit and Legal Departments at 1-800-547-0359 by requesting them. For reporting concerns like misconduct or HR issues, use the Alertline at 1-800-932-5378. HR service numbers include 1-866-377-6420 for general inquiries and employee assistance.

For proof of employment, visit www. theworknumber. com or call 1-800-367-5690, entering Family Dollar as the employer. Corporate contacts are: Head Office, 704-847-6961; Dollar Tree and Family Dollar Corporate, 757-321-5000; and fax 704-847-5534. Family Dollar's HR department, led by Vice President Michael Atcovitz, comprises 556 employees and is pivotal in shaping the company culture, which presently receives low ratings from employees.

If personal issues, such as leave, arise, employees may contact HR to resolve conflicts with management. For additional inquiries, you can explore open positions or reach out via the company website. Family Dollar values customer feedback and encourages communication.

Who Really Owns Dollar General?

Dollar General, a prominent discount retailer, has a diverse ownership structure, primarily comprised of institutional investors, insiders, and retail shareholders. As of September 2023, Vanguard Group, Inc. was the largest shareholder with an ownership stake of 11. 4%, followed by other major investors such as BlackRock, Capital International Investors, and T. Rowe Price. The company’s institutional ownership was reported at 72. 94% as of September 30, 2023, marking a slight increase from the previous quarter.

Dollar General was established in 1939 in Scottsville, Kentucky, by James Luther Turner and his son Cal Turner as a family-owned business named J. L. Turner and Son. In 1955, it adopted the name Dollar General Corporation, and it became a publicly traded entity in 1968, listed on the New York Stock Exchange under the symbol DG. During its history, Dollar General was briefly taken private by Kohlberg Kravis Roberts in 2007 before going public again.

Current key executives include CEO Todd Vasos, CFO John Garratt, and COO Jeffrey Owen. The company's ongoing success is evident, with institutional investors playing a crucial role in its ownership and management structure.

How Much Does Family Dollar CEO Make?

Howard R. Levine, the CEO of Family Dollar Stores (FDO), earns an annual compensation of $1. 3 million, according to Forbes. He leads a workforce of 60, 000, with only four in leadership positions. The breakdown of executive pay at Dollar Tree Inc., Family Dollar's parent company, reveals that CEO Mike Creedon, who was appointed in November 2024, has a total compensation of $4. 80 million, primarily from salary and bonuses. Richard Dreiling, the former Chairman and CEO of Dollar Tree, made $3, 360, 766 in total compensation.

The average CEO pay in 2023 was reported as $183, 270. Family Dollar has recently increased Levine's base salary to $1. 2 million as part of a regulatory filing, with executives at the company typically earning an estimated median compensation of $239, 649 annually. Additionally, Dollar Tree's CEO, Michael Witynski, received about $11 million in total compensation last year. Family Dollar is undergoing acquisition by Dollar Tree Inc., with ongoing leadership changes and a focus on financial adjustments.

Why Did Family Dollar Fail?

Retail analysts attribute the decline of Family Dollar to years of underinvestment and poor management. The chain's stores have frequently been described as messy and poorly stocked. This situation has been compounded by strategic missteps, leading both Family Dollar and 99 Cents Only, which recently filed for bankruptcy, to falter after being acquired by new companies. Family Dollar's financial troubles are evident, with an operating loss of $2.

6 billion in fiscal 2023, a significant drop from a $127. 5 million income the previous year. The dollar store chain's challenges continue, with plans to close nearly 1, 000 locations in response to declining sales, competition, and inflation. Family Dollar faced a more than $40 million penalty for a rodent infestation that led to store closures. Additionally, the store incurred a $41. 6 million fine for poor safety standards related to product storage.

Dollar Tree, the parent company, is now recording substantial impairments related to Family Dollar. Analysts suggest that the brand's issues stem from poor location choices, messy store conditions, and the economic impact from the expiration of pandemic-era benefits, reflecting wider turbulence in the discount retail sector.

Where Do Dollar Tree Products Come From?

Dollar Tree, Dollar Stores, and Dollarama procure products from a mix of domestic and international suppliers. They commonly purchase overstock, discontinued items, and surplus goods from major manufacturers and directly from lesser-known companies, overseas markets, and liquidation sales. To provide low prices, dollar stores employ various buying and operational strategies, focusing especially on liquidated and overstocked goods. Dollar Tree utilizes a just-in-time inventory system to manage stock levels and maintain affordability.

A significant number of items, approximately 42%, are sourced from China, as confirmed by Telsey Advisory Group. Dollar stores like Dollar Tree and Family Dollar offer both name-brand and store-brand products at greatly reduced prices, typically around one dollar, though Dollar Tree recently raised prices to $1. 25. Their merchandise includes a range of categories, such as cleaning supplies and school essentials.

The goal of these stores is to deliver high-quality goods at competitive prices. Additionally, Dollar Tree's mission includes increasing the selection of American-made products while maintaining a diverse inventory to meet customer needs.

Who Is The Owner Of Family Dollar?

Dollar Tree, the parent organization of Family Dollar, has announced plans to close approximately 600 Family Dollar stores in the first half of fiscal 2024. Family Dollar was established in 1959 by Leon Levine, who opened the first store in Charlotte, North Carolina. Over the years, the chain expanded into South Carolina, Georgia, and Virginia. Dollar Tree acquired Family Dollar in 2015 after a competitive bidding process against Dollar General.

Leon Levine, who transformed Family Dollar into a significant player in discount retail targeting lower-income shoppers, passed away at 85, leaving behind a legacy of growth and community support through his foundation.

Gary Philbin has been appointed president and COO of the Family Dollar division, reporting to CEO Michael Sasser, as the company seeks to revitalize the brand. In addition to store closures, the company also has engaged former Dollar General CEO Todd Dreiling to lead turnaround efforts. With ongoing evaluations by Macy's concerning its options after a $6. 6 billion offer for Dollar Tree, the discount retail landscape continues to evolve amidst leadership changes and strategic shifts.

Does Walmart Own Family Dollar?

Dollar Tree owns Family Dollar, but neither is affiliated with Walmart, which holds a 68. 5% stake in the combined Dollar Tree-Family Dollar entity. Walmart, an influential player in the retail industry, acquired Family Dollar in 2015 for $8. 5 billion, significantly enhancing its presence in the discount market. Despite Walmart's stronghold, discount retailers like Dollar Tree and Dollar General have carved out a successful niche, often competing effectively against larger retailers. The Walton family remains the major stakeholder in Walmart, controlling roughly half of the company's shares.

Walmart's strategy has included several acquisitions aimed at expanding its e-commerce footprint, such as Vudu and Jet. com, although some ventures have not performed well. The push to enhance competitiveness led Walmart to experiment with its own dollar store concept in response to the success of chains like Family Dollar. Despite challenges such as messy stores and high prices, Family Dollar has managed to endure within the discount sector.

Following the merger of Dollar Tree and Family Dollar, the combined entity operates over 15, 000 stores, indicating a strong capacity to compete against Walmart and others in the retail marketplace. However, the future of Family Dollar remains uncertain, with Dollar Tree exploring potential sale or spin-off options after the acquisition.