Tag: Family Dollar

Categories
News News Blog

Several Memphis Family Dollar Stores Being Sold To DollarExpress

Family Dollar and Dollar Tree have merged, but because of concerns about lessening competition, the Federal Trade Commission (FTC) and 16 State Attorneys General (including the Attorney General for Tennessee) is requiring the discount chain to sell more than 300 Family Dollar stores across the country to a new competitor.

That new competitor is a chain called DollarExpress, and three Memphis Family Dollar stores will be included in that sale. The stores located at 1945 South Third, 6195 Winchester, and 2252 Lamar. One Nashville Family Dollar is being sold to DollarExpress, as well. Sycamore Partners, the parent company of DollarExpress, will be re-branding those stores after the sale.

“One of our concerns about the merger was that it would substantially lessen competition in markets like Nashville and Memphis,” said Tennessee Attorney General Herbert Slatery III. “By requiring stores to be sold to a new company in the marketplace, that competition to offer the best prices and merchandise will remain.”

The Tennessee Attorney General’s Office worked with the FTC in conducting a national review of the $9.2 billion acquisition. Other states joining Tennessee in the lawsuit included Alabama, Florida, Indiana, Iowa, Maine, Maryland, Massachusetts, Mississippi, Missouri, Nebraska, Oklahoma, Pennsylvania, Utah, Vermont, Virginia, and West Virginia. 

Categories
News The Fly-By

Fly On The Wall

Bottoms Up

It’s so early in the new year, and we already have a contender for most egregious abuse of 911. Sixty-eight-year-old Rosie Pate was arrested last week after she called the emergency number to report that she was out of beer and her unhelpful granddaughter refused to make a beer run.

Breakfast at Family Dollar

The good news: Individually packaged fried eggs and waffles are now available at area Family Dollars, and they’re only a dollar each.

The bad news: These food items are made out of marshmallow and gummy candy. That means they probably aren’t part of a balanced breakfast. Here’s a picture of what they look like on a plate.

Categories
Fly On The Wall Blog Opinion

New Family Dollar to be Built Across From Almost New Family Dollar?

Screen_shot_2013-07-06_at_12.50.28_AM.png

Memphis’ Uptown Neighborhood is abuzz with the possibility that a brand new Family Dollar could be constructed at Chelsea and Thomas just across from another, still relatively new Family Dollar, also located at Chelsea and Thomas.

“Value is attractive to everybody, but some people just won’t cross the street for it,” says Earl Gray, the founding director of Solutionista, an innovation firm that advises management at large discount chains, showing CEOs worldwide why ideas that don’t seem to make any sense really do.

“As long as they put a sign in the window advertising ‘discount cigs,’ I’m confident that this Family Dollar will do every bit as well as the one across the street,” Gray says. “And, due to recent population shifts, it could potentially outperform the original within 3- to 5-years of opening.”

According to Gray, having the word “family” in its name is just one of many reasons why Family Dollar can build a new store across the street from a nearly new one.

“It makes you feel at home wherever you are. You know right off it’s a place where you can buy your discount cigs without having to worry about whether or not your children are being exposed to the wrong ‘As Seen on TV’ products,” he says.