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Family Dollar was founded in 1959 by Leon Levine, a 21-year-old entrepreneur. [10] In November of that year, the company's first store was opened, in Charlotte, North Carolina. [11] In 1961, their first store in South Carolina opened, followed by stores in Georgia and Virginia, which were opened in 1962 and 1965, respectively.
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Dollar Tree Inc. announced it will close nearly 1,000 of its Family Dollar stores starting in 2024. Here's how long you have to shop at the discount store.
Leon Levine (June 8, 1937 – April 5, 2023) was an American businessman and philanthropist who founded the Family Dollar chain of discount stores. He resided in Charlotte, North Carolina .
Speaking strictly by price, Dollar Tree has the better value. While the Family Dollar option works out to $0.89 per roll, the 451-sheet roll offered at Dollar Tree is two-and-half-times larger.
The fate of New Mexico Family Dollar stores is unknown as corporate owners look to close 1,000 locations across U.S. in 2024 due to underperformance.
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Howard R. Levine is the former Chairman of the Board and Chief Executive Officer of Family Dollar and is the son of Leon Levine, the Founder of Family Dollar.