After the first store opens in November 1959 in Charlotte, the 1960’s begin Family Dollar’s expansion into Southern States.
1961 – First store opens in South Carolina.
1962 – First store opens in Georgia.
1965 – First store opens in Virginia.
1967 – 27 stores operating in four states with annual sales of more than $5 million.
1969 – 50th store opens in Charlotte.
1970 – Family Dollar goes public, offering common stock at $14.50/share (adjusted for stock splits each share is now equivalent to 162 shares).
1971 – 2 for 1 split of common stock. 100th store opens.
1972 – Common stock begins trading on American Stock Exchange. 2 for 1 split of common stock.
1974 – Distribution Center opens in Matthews, NC. 200th store opens.
1976 – First quarterly cash dividend on common stock is declared.
1977 – Annual sales exceed $100 million.
1978 – 300th store opens.
1979 – Common stock begins trading on New York Stock Exchange.
The pace of store expansion accelerates and Family Dollar becomes a major regional discount store chain.
1981 – 400th store opens. 3 for 2 split of common stock.
1982 – 500th store opens. 3 for 2 split of common stock.
1983 – 700th store opens. 2 for 1 split of common stock.
1985 – 3 for 2 split of common stock.
1989 – 1500th store opens.
Family Dollar moves to everyday low pricing and builds a management team and infrastructure to support a national chain of neighborhood convenience discount stores.
1992 – Annual sales exceed $1 billion. 2 for 1 split of common stock.
1993 – 2000th store opens.
1994 – Distribution Center opens in West Memphis, AR.
1996 – 2500th store opens.
1997 – 3 for 2 split of common stock.
1998 – Distribution Center opens in Front Royal, VA. 2 for 1 split of common stock.
1999 – Distribution Center opens in Duncan, OK.
With a unique merchandising concept providing consumers with convenience and everyday low prices, Family Dollar is well positioned to move forward as one of the fastest growing retailers in the country.
2000 – Annual sales exceed $3 billion. Distribution Center opens in Morehead, KY.
2001 – Family Dollar is added to the S&P 500 Index.
2002 – Family Dollar joins the ranks of the Fortune 500. Distribution Center opens in Maquoketa, IA.
2003 – Distribution Center opens in Odessa, TX. Family Dollar opens 5000th store in Jacksonville, FL.
2004 – Cash dividend increases for the 28th consecutive year. Annual sales exceed $5 billion.
2005 – Distribution Center open in Marianna, FL. Cash dividend increases for 29th consecutive year.
2006 – 2006 Cash dividend increases for 30th year. Distribution Center opens in Rome, NY.
2007 – Family Dollar establishes Family Hope to help Team Members affected by natural disasters.
2008 – Family Dollar stock finishes #1 among the S&P 500.
2009 – Family Dollar Celebrates 50th Anniversary.
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