- They are very proactive in keeping their stock price growing.
- At a pace of 400 stores a year they will be up to 10,000 store in 2-3 years.
- Merchandising efforts are fine tuned to the customers demands.
- The history of the company is very good. Another American dream come true for the Levine family.
This Blog has been created for my MGT 656 class for MBA at the Murray State University. The goal of this blog is to monitor the public activities of the Family Dollar Corporation in relation to what I am learning and have learned in my studies. I will integrate my professional experiences and perspectives of product sourcing in the wholesale and retail industries to the blog as well.
About Me
- Brent- Family Dollar
- I have a background in sales and product management. I enjoy finding products that make it to the retail shelves and sell. I am wired half creative and analytical. I tend to see both sides of the issue. I know how to approach things rationally and I can switch gears to think “outside the box”. I enjoy traveling. I have had the opportunity to travel to many places in the world: Europe, South America, Asia, and Africa. I try to take on a global perspective when looking at the dynamics that are effecting an industry becasue we are in global economy.
Tuesday, November 30, 2010
What I learned about Family Dollar.
The biggest thing I learned about family dollar is how well the organization is operated and aggressive about growing.
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WoW! 10,000 stores! Everytime I see a Family Dollar as I drive through small towns - I think that they have such a great niche. I do not shop there often, but sometimes they are exactly what you need. Dollar General, too -- it would be interesting to do a study comparing where they open stores.
ReplyDeleteI live in a small community and many times have gone to Dollar General just so that I would not have to drive to Paducah. I can see how they can grow so rapidly with the types of communities that need them.
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