Founded in 1959
Leon Levine opened the first Family Dollar store in Charlotte, N.C., with a simple yet powerful mission: to offer quality products at affordable prices for hardworking families in the neighborhood.
A Proud Tradition of Value and Service Since 1959
Family Dollar has proudly served local communities since 1959, providing affordable products and trusted values to families across America. With deep roots in neighborhoods nationwide and a commitment to everyday convenience, Family Dollar continues to grow, evolve, and serve the changing needs of our customers.
Our Historical Timeline
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1959
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1960s - 1980s
Expanding Everyday Value
Family Dollar grew steadily through the 1960s and 1970s. By 1969, there were 27 stores in four states with annual sales of more than $5 million. In 1970, Family Dollar became a publicly traded company on the American Stock Exchange (AMEX), helping fuel its national growth. By the end of 1979, Family Dollar was trading on the New York Stock Exchange and saw annual sales of over $100 million. Expansion continued through the 1980s, with more than 1,500 stores in operation by 1989.
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1990s - 2000s
Building a Nationwide Presence
The 1990s and early 2000s marked a period of significant growth for Family Dollar. In 1995, Family Dollar entered the Fortune 500 list for the first time. By the end of the 1990s, there were more than 2,500 stores and annual sales of over $1 million. In the early 2000s, Family Dollar averaged 500-600 new store openings each year, reaching the 5,000th store milestone in 2009 and with celebrating its 50th anniversary.
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2000s
Investing in Innovation
In the early 2000s, Family Dollar strengthened its business through key investments in supply chain, store experience, and product offerings, including private-label brands and expanded food options. These efforts helped fuel national growth and reinforced the company’s role as a trusted resource for value-seeking customers.
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2015
Joining Dollar Tree
In 2015, Family Dollar joined the Dollar Tree, Inc, family of brands, bringing together two strong, value-driven retailers and unlocking new opportunities for operational improvement and customer focus.
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2025
Looking Ahead
Now operating more than 8,000 stores nationwide, Family Dollar is once again an independent company, focused squarely on serving the needs of the customers across the country. With its rich legacy, community-first spirit, and a renewed sense of purpose, Family Dollar is committed to delivering everyday value and convenience for the communities it proudly serves.