...Family Dollar Case Study The company that has been chosen for this case study is Family Dollar Stores, Inc. This company was founded by Leon Levine in 1959 and went public in 1970 with under 300 stores in 1977. Its first store was opened in Charlotte, North Carolina, and offered its customers good valued merchandise for under $2. The concept for this new store was, “The customers are the boss, and you need to keep them happy.” When the founder, Leon Levine, retired in 2003, there were nearly 5,000 stores and sales approaching $5 billion. His son, Howard Levine took his father’s place as CEO and he became chairman and CEO. Today the company operates more than 6,600 stores in 44 states plus the District of Columbia. Family Dollar Stores is ranked 359 on the Fortune 500. They employee 44,000 people, about 25,000 are full time and the rest are part-timers. Family Dollar’s revenues of $6.984 billion in FY2008, showed an increase of 2.2 percent over the previous year. The company continues to look for good locations and contractors to build and maintain the stores. The company continues to provide quarterly cash dividends to its shareholders since it began distributing dividends in May 1998. The company is divided into four broad product categories: • Consumables • Home Products • Apparel and Accessories • Seasonal and Electronic Family Dollars vision and mission statement are as follows: • Vision – To be the best small-format convenience and value retailer serving...
Words: 350 - Pages: 2
...Ever since 1959, when Family Dollar first opened their doors, it has been one of the major competitors in the small box discount retailers industry. It has had very successful years recently due to the economic recession that we are currently in. Consumers are rushing to these stores that offer high quality at a good value. The major concern for Family Dollar is whether or not it will be as successful in the upcoming years as we come out of this recession. These companies are afraid that as the economy comes out of this recession so will the people, resulting in them returning to the top quality stores. Family Dollar definitely has a lot of strengths within their company that they can build off of. Some of the major strengths include its prices, its family focus, its supply chain effectiveness, it is family owned, and it is spread throughout the country. Family Dollar can really benefit from this bad economy that our country finds itself in and needs to take advantage of that for as long as it lasts. The family focus factor is a great benefit for this company. The company’s family focus keeps prices low and it is determined to have their stores remain small in size in order to make their products easier to find. There are also a lot of major weaknesses within the Family Dollar Company. These major weaknesses include high competition, no online sales, only having one employee on the board of directors, inconsistency with brands within the store, and an image of being old...
Words: 1002 - Pages: 5
...玩具行业分析报告 第1期 2010/1~2010/6 ■ 主要产品：充气玩具、遥控玩具、毛绒玩具等 ■ 适读群体：玩具生产、贸易型企业管理人员 玩具行业 分析报告 第1期 2010/1~2010/6 Contents 目录 一．最新政策 ......................... 4 1．国家政策 ...................................... 4 2．出口预警 ...................................... 5 二．新闻速递 ......................... 8 三．进出口形势 .................... 10 1．数据统计 .................................... 10 2．出口趋势 .................................... 11 四．行业趋势 ....................... 12 1．企业动态 .................................... 12 2．产品趋势 .................................... 13 五 . 价格走势 ........................ 19 1．汇率变化 .................................... 19 2．原材料价格变化 ........................... 21 3．快递价格变化 .............................. 25 4．货运价格变化 .............................. 26 六．近期行业展会 ................. 27 1．国内展会 .................................... 27 一．最新政策 1．国家政策 据国家质检总局官方网站 5 月 31 日披露，我国首部《玩具用涂料中有害物质限量》强制性国 家标准有望于 10 月 1 日正式实施。 据了解，一旦玩具涂料中的有害物质超标，将会影响到儿童的身体健康，可能导致肝肾功能 下降、血液中红细胞减少，甚至有致癌危险。 标准中明确规定，在产品明示的配比条件下，按相关检测要求，玩具涂料铅含量不得超过 600mg/kg，砷含量不得超过 25mg/kg，汞含量不得超过 60mg/kg，苯的比例不得超过 0.3% 等。 标准实施以后，产品所有项目检验结果均需达到标准要求，而新产品最初定型时，产品异地生产或 关键原料来源发生较大变化时，都必须随时进行检验。 据 5 月 27 日消息，马来西亚国内贸易合作和消费保障部（MDTCC）发布通告，将《2009 年消费者保护（玩具安全标准）法》和《2009 年消费者保护（安全标准认可证书和合格标志）法》 的过渡期延伸至 2010 年 7 月 1 日。 从 2010 年 7 月 1 日起，只有附带测试报告的玩具才能在马来西亚销售。该要求管控的产品 范围包括所有新生产或现有的玩具。任何玩具产品都要符合玩具安全标准的规定。 玩具行业分析报告 第1期 4 自我声明：产品所有者应按马来西亚国内贸易合作和消费保障部要求的格式以合格证书 （COC）的形式向保障部提交声明，内容包括： （1）在马来西亚供应的玩具是安全的； （2）该玩具已经过测试，符合规定的玩具安全标准； （3）按照执法机构的要求，提供由经认可的实验室出具的测试报告； （4）该玩具符合以下要求：...
Words: 3298 - Pages: 14
...Undercover Boss- Family Dollar Strayer University Phillipa Warren Strategic Human Resource Management HRM 530 Dr. Reeley February 2, 2015 Family Dollars’ was started by Leon Levine in 1959, in Charlotte, NC in the basement of a bargain shop. It then grew into a Fortune 500 company with thousands of stores across the nation (Markovich, 2013). Job Analysis of Assistant Manager * Position: CEO * Date: February 2, 2015 * Name: Phillipa Warren General Purpose of Position: Assist Manager by performing related duties. Job Responsibilities: Hiring, promoting, scheduling, update job knowledge by participating in educational opportunities, reading professional publications; maintaining personal networks and participating in professional organizations. The most difficult aspect of an Assistant Mangers’ position is firing employees, feelings of unworthiness of their work and working for more than what they are worth. Daily Responsibilities * Unloading merchandise from trucks * Stocking Periodic Responsibilities * Scheduling * Stocking store on a daily/weekly basis Education * High School graduate * Some college Skills None Job Description Job Title: Assistant Manager Reports to: Manager Job Purpose: The general nature of this position is to assist the Manager. The job exists because of other responsibilities such as accomplishing the day-to-day duties required of the Assistant Manager. Duties and Responsibilities ...
Words: 716 - Pages: 3
...Family Dollar Project Bus121 Intro to Business Mrs. Jones-Manigo By: James McRae Introduction I chose to use Family Dollar as my company of interest. I’ve shopped at this store for most of my life for personal items, medical appliances, and even for my pets. I’m familiar and comfortable with this company which is why I chose it specifically. It’s a well-known company convenient for the area where I reside. In 1958 a 21 year old entrepreneur with an interest in merchandizing became intrigued with the idea of operating a low-overhead, self-service retail store. Leon Levine believed he could offer his customers a variety of high quality, good value merchandise for under $2, because he had grown up in his family’s retail store, he understood value, quality, and customer satisfaction. In November 1959, Leon Levine opened the first Family Dollar store in Charlotte, North Carolina, and was on his way to becoming a retail legend. Right from the start, he had a well-developed philosophy of what Family Dollar would be and how it would operate, a philosophy from which he and his management team have never strayed. The concept is a simple one, “The customers are the boss”, and you need to keep them happy. He created a general floor plan that he used in each of his stores that allowed customers to easily shop their most preferred products in any Family Dollar store. With the stores uniformity laid out and stocked, store managers were able to focus on providing good service...
Words: 438 - Pages: 2
...Family Dollar Marketing Plan Shelley Hines King University Principles of Marketing BUSA 3240-0502 Executive Summary Family Dollar was founded by Leon Levine in 1959 (History). He wanted to create a discount store for what at the time was design for people looking for quality products at reasonable prices. Since the first store in Charlotte North Carolina, the chain has grown to over 8,000 locations across 45 states. He designed a floor plan that all the stores used as a main setup with an only a few modifications. Leon believed back then as any good manager will tell you “customers are boss, and you need to keep them happy” (History).This sentiment is still in place today. With the stores layout the same, customers can go to any location and easily find what they need. The philosophy that he started with the first store is just as strong today as it was then. Environmental Analysis External Environmental Forces One of the biggest forces Family Dollar must deal with is competition. They are in constant rivalry with competitors such as Dollar General, Dollar Tree, and Wal-Mart (Family Dollar Stores, Inc. Competition). Their strongest rival would be Dollar General with much of the same products and similar pricing. Therefore, it is becoming more and more important for Family Dollar to keep its competitive advantage with offering products the other competitor doesn’t or products at a lower price. Another factor that benefits Family Dollar is demography. Family Dollar...
Words: 1995 - Pages: 8
...from learning at their grade level which ultimately withdraws social interaction with fellow peers, other individuals feel that home schools provide much needed structure that focuses on the child. The audience for this topic would be parents of school aged children who are thinking of homeschooling their children. The preliminary thesis statement for this topic is “State regulations for home schools should be changed to ensure at-risk children aren’t neglected, students are socially active in the community, and educators have access to adequate funding.” The two sources I plan to use are HSLDA and As Home School Numbers Rise, Regulations Fall an article from The Kansas City Star. The second topic I have chosen is “Should minors who commit violent crimes be tried as adults.” Chose this topic because violent crimes committed by juveniles is on the rise; and many of these crimes are being given a slop on the wrist because of the minors age at the time. Many of these juveniles become repeat offenders because the judicial system has not held them accountable for their actions. The audience for this topic would be minor’s parents. The preliminary thesis statement for this topic is “Minors who commit violent crimes should be tried as adults because it brings justice to the victims, deters the crime rate, and holds them accountable for their actions. The two sources I plan to use are What’s Too Young for Life in Prison a news report by ABC News and Capital Punishment for...
Words: 477 - Pages: 2
...Rubric. Please have a peer (friend, family member, coworker- your choice) read your paper and complete this rubric. To make using the rubric easier to submit to me please have your coworker read your paper, and highlight the appropriate level they believe you have achieved using the highlighting tool in your word processing software. In addition, please have them identify and copy and paste your thesis statement and the topic sentences for each paragraph. | |Exemplary |Proficient |Emerging |Not Yet Demonstrated | | |100% |86% |73% |60% | |INTRODUCTION / THESIS |Well-developed introduction |Introduction creates interest |Introduction adequately |Background details are a | | |engages the reader and creates |and contains background |explains the background of the|random collection of | |Background/History |interest. Contains detailed |information. Thesis clearly |problem, but may lack |information, are unclear, and | |Defining the Problem |background information and a |states a problem and the |clarity. Thesis states a |may be loosely related to the | |Thesis Statement |clear...
Words: 1013 - Pages: 5
... next time please try and lead into the thesis. Establish the kairos for the essay: the occasion for writing. As it is, your reader is saying, "Okay, that is interesting, but why is she writing about that? " The Pell Grant is one of the biggest sources of grant aid and is very critical to students and schools (Ambrose). The Pell Grant is a loan that does not have to be paid back and can reward a recipient with the maximum of five thousand and five hundred dollars. you provide the definition - good. But as one of the biggest sources of help for students, the Pell Grants are causing more and more community colleges students to drop out of school.The phrase "more and more" is vague. If you would be more specific, you would improve your credibility. The causes of an increase dropout rate are due to the recession that our economy is in, the difficult and lengthy application process limits the amount of students that can apply, and numerous of college students and families, especially low income families, seem to rely too much on Pell Grants loans. that sentence lacks parallel structure As our economy falls into a recession, our Government reacts by revoking numerous syntax error of government spending, especially with grants loans. Congress is planning to cut back 4.9 billion dollars from The Education Department comma forcing the maximum award to recipient, from Pell Grants, to drop by eight-hundred and forty-five dollars for the academic year (Montgomery)...
Words: 1333 - Pages: 6
...College is for everyone, yet most people don't go to it because they either can't pay for it, or they don't want to go. College is important because it helps to support your family and your community. Also with a college degree you can get a better paying job. The first piece of evidence that supports my answer is that “on average college graduates earn 22,000 dollars more than non college graduates. I found this evidence in the article “Actually, College Is Very Much Worth It”. this piece of evidence supports my thesis because it shows that the pay is increased if you have a college degree. The second piece of evidence that supports my answer is that “the higher degree you have the more likely you are to get the job that you think...
Words: 392 - Pages: 2
...you will write a full essay with an introduction, body, and conclusion. The type of essay is cause/effect, so you will need to organize your analysis to show the cause and effect connections carefully. Write a well-developed essay, with at least three good body paragraphs. These essays must be typed. Be sure to answer the question completely and stay on topic. Check carefully for grammar errors before you turn it in for a grade. *NOTE: Do not plagiarize (use the words and ideas of others) and do not get help to "make it perfect". PROMPT: California’s economy is in very bad condition, with an imbalance of over $25 billion dollars. The government will have to consider both cutting spending and raising income by taxes. One of the many cuts is the community college budget, and our own district & college are going to lose millions of dollars no matter what. One of the many ways to increase income is to raise tuition fees (currently they are $26/unit for residents and $234/unit for non-residents & international students. Proposals range from $36/unit to (in the worst case) $66/unit. TOPIC: What are the most important effects of a tuition fee increase? In other words, if Los Rios college tuition increases, what effects will this have? Explain the cause-effect connections to show HOW these effects will happen. In this essay, first consider the many different types of effects before you choose which ones to write about. Effects can be positive or negative; it...
Words: 1858 - Pages: 8
...The thesis statement that I have come up with for my “big idea” topic is: I believe we can better our economy by changing the way the government assists the citizens financially with programs such as food stamps, otherwise known as EBT. The government shapes society and the government needs to help society help themselves by making a few changes to the way it disburses our tax money. I think this thesis is going to be effective because it shows my main focus of the essay I will be writing, which is to change the way government assists families of low income. I want to stress the option of giving more money as school grants rather than giving it for food. Another option would also be limiting the options of foods that are okay to purchase with EBT. Right now, there are no limitation other than alcohol or pre-prepared foods. You can even purchase energy drinks at the moment. If people weren’t given everything for doing nothing, they may be more likely to further their education and get a better job to provide such luxuries as fatty foods or sweets and energy drinks. I see a major problem supporting this thesis with fallacy, mainly because I have such strong personal opinions. I am going to have to force myself to rely on straight facts and pure research to get my point across. For my research, I am going to stray away from any sort of blogs or websites put up as a riot against the government. I will do my best to find websites that are “.org” or .gov”. I think a good...
Words: 727 - Pages: 3
...businesses and understanding how ethnic businesses operate on a local level, research and data will prove the prevalence of the diversity of various ethnic groups, along with disparities in businesses, located in the area. Introduction Capitalism is perhaps the greatest legacy that the United States of America will ever bestow to the history of the world. Taking nothing away from merits of democracy, a free-market economy is an indispensable platform for prosperity. It is the hyper active authority in bestowing upon the rest of the world the accumulated wealth of humanity. Today, more than thirty trillion dollars worth of products and services are sold and bought all around the world each and every year. Added to that, tens of trillions of dollars worth of currencies are traded around the clock in every major country. At the forefront of this historical development is the freest nation on the face of the planet.[1] Embedded to this scenario is one of America’s most progressive states and the sixth most expensive city in the world, New York – the Empire State. Almost twenty million people of diverse backgrounds call this place home.[2] Here men, women and children of all races, creeds, political beliefs, religious backgrounds, and social profiles converge. From Wall Street to Main Street businesses, theater to television, the homeless to multi-billionaires, this is one of the few places on the earth that best...
Words: 1064 - Pages: 5
...themselves unable to improve their health and living situations. Promoting a better point of view towards mental health care would help reduce violent crimes and help people understand what it's about. C) Thesis - The government should allocate more tax dollars towards rebuilding the mental health care system. Body: I. How did mental illness evolve into our culture? A. History 1. People with mental illness in the middle ages 2. 1840's Dorothea Dix activist and psychiatric hospitals 3. Mental health in the mid-1960's 4. Mentally ill and violence II. How did mental health care start to decline? A. Deinstitutionalization 1. Feb. 5, 1963 JFK's new proposal to fund community mental health centers (CMHCs) 2. CMHCs were not interested in helping those with more severe problems 3. President Ronald Regan ended program 1981 B. Outcasting people with mental illness 1. Judgment of mentally ill living in the streets 2. Lack family support 3. Those with mentally ill have to live with a label for life C. Different uses of tax dollars 1. Insurance for those with mental illness 2. Building psychiatric hospitals instead of jails 3. Creating new programs and support D. Lately ...
Words: 503 - Pages: 3
...better idea on how food is grown and where it comes from. Children will also learn how to grow a garden and it will keep our children out of the house from playing with their video games and watching television, keeping our kids busy with helping out in the community is an amazing thing. Community Greening can help feed people and save money. Community gardens produce food worth hundreds of dollars. This food and financial savings can be critically important to the nutritional and financial health of families living on low incomes or in neighborhoods poorly served by grocery stores. Community gardens are a source of food for the homeless in some cities, and the community garden plot can also be the first step toward self-sufficiency. The garden provides a place to call mine and gives the opportunity to grow and produce things of value. The reason this thesis will be an effective one is because all the points I have put into the thesis will affect the community in a positive way and only help out the city and the community. Some of the challenges I might face in supporting my thesis will be trying to find research on...
Words: 408 - Pages: 2
