Around the Net
Tough Times At Family Dollar
- Chain Store Age, Friday, July 11, 2014 9:33 AM
Family Dollar Stores’ third quarter income plunged 33% amid higher costs and increased competition. Same-store sales fell 1.8%, which marked the third straight quarterly decline. Family Dollar is under pressure from activist investor Carl Icahn to put itself up for sale, and it has has adopted a "poison pill" shareholder rights plan.
