Family Dollar
Overview
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. It opened in 1959 and operates approximately 6,617 stores in 44 states and the District of Columbia. It is headquartered in Matthews, North Carolina
Matthews, North Carolina
Matthews is a large suburban town of Charlotte located in southeastern Mecklenburg County, North Carolina. The population was 27,198 according to the 2010 Census.- Geography :Matthews is located at ....
.
Family Dollar is not a true "dollar store
Dollar store
A variety store or price-point retailer is a retail store that sells inexpensive items, often with a single price for all items in the store...
" in the strict sense; while there are many items available for $1, there are other price point
Price point
Price points are prices at which demand for a given product is supposed to stay relatively high.- Characteristics :Introductory microeconomics depicts a demand curve as downward-sloping to the right and either linear or gently convex to the origin...
s as well. However, approximately 90% of the products cost less than $10. With most locations set up like a typical supermarket
Supermarket
A supermarket, a form of grocery store, is a self-service store offering a wide variety of food and household merchandise, organized into departments...
, the chain deals in food items, clothing and assorted household products.
Some, but not all, Family Dollar stores now accept credit cards, as well as debit cards and the cash benefit from EBT
Electronic Benefit Transfer
Electronic Benefit Transfer is an electronic system in the United States that allows state governments to provide financial and material benefits via a plastic debit card. Common benefits provided via EBT are typically sorted into two general categories: Food and cash benefits...
(food stamp) cards.
Family Dollar was founded in 1959 by Leon Levine
Leon Levine
Leon Levine is an American businessman and philanthropist that founded the Family Dollar chain of discount stores.-Early life:...
, a 21-year-old entrepreneur.