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Family Dollar Opened 109 New Stores in August

MATTHEWS, N.C. -- Fast-growing Family Dollar Stores opened 109 discount stores during the four-week period ended August 28, 2004, bringing its total to 5,466.

The 109 newest store locations are in the following states: 23 in Texas; 10 in Michigan; 8 in Ohio, 6 in Wisconsin, 5 each in Arizona, North Carolina and Tennessee; 4 each in Georgia, Illinois, Indiana and Pennsylvania; 3 each in Florida, Kentucky and Utah; 2 each in Alabama, Colorado, Maine, Minnesota, New York and Virginia; 1 each in Arkansas, Idaho, Kansas, Louisiana, Maryland, Missouri, Nebraska, New Jersey, Oklahoma and South Carolina.

During the fiscal year ended August 28, the chain opened 500 stores and closed 61, for a net addition of 439 stores. It has said it plan to open about 500 to 560 stores and close 60 to 70 stores during its next fiscal year. Family Dollar Stores runs units in 44 states, ranging from Idaho in the Northwest, to Maine in the Northeast, Florida in the Southeast and Arizona in the Southwest.

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