FDO - Family Dollar Stores Inc.

Family Dollar Stores, Inc. (Family Dollar) operates a chain of more than 6,800 general merchandise retail discount stores in 44 states, providing primarily consumers with a selection of priced merchandise in neighborhood stores. its merchandise assortment includes consumables, home products, apparel and accessories, and seasonal and electronics. The Company offers a focused assortment of merchandise in a number of core categories, such as health and beauty aids, packaged food and refrigerated products, home cleaning supplies, housewares, stationery, seasonal goods, apparel and home fashions. Its stores operate on a self-service basis, and its low overhead enables it to sell merchandise at a moderate markup. During the fiscal year ended August 28, 2010 (fiscal 2010), the Company launched or refreshed several Family Dollar brands. During fiscal 2010, the Company opened 200 stores, closed 70 stores, relocated 13 stores, expanded 15 stores and renovated 89 stores.