MATTHEWS, N.C. — Family Dollar reported sales of $2.5 billion in first quarter 2014, a 3.2% increase over the same period last year, the dollar store chain said Thursday.
For the 13-week quarter that ended Nov. 30, the chain said sales were strongest in refrigerated and frozen food, health aids and tobacco. Same-store sales during the quarter decreased by 2.8% due to fewer customer transactions and a slight decrease in average customer transaction value.
MATTHEWS, N.C. — Family Dollar Stores on Thursday announced that it has promoted Jason Reiser to the position of EVP - chief merchandising officer. Reiser will report to Howard Levine, chairman and CEO. 