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"Family Dollar" was founded in 1959 by Leon Levine , a young entrepeneur. In November of that year, the company's first store was opened, in Charlotte, North Carolina. In 1961, their first store in South Carolina opened, followed by stores in Georgia and Virginia, which were opened in 1962 and 1965, respectively. During the 1960s, the store company was largely a southern United States operation. By 1969, there were fifty stores in Charlotte alone.
The 1970sMillennia: 1st millennium 2nd millennium 3rd millennium Centuries: 19th century 20th century 21st century Decades: 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s 2010s 2020s Years: 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 Events and trends were growing years for the store chain. In 1970Events January events January 1 Construction begins on Arcosanti, by Paolo Soleri, in Mayer, Arizona, located 65, miles north of Phoenix, Arizona. January 1 Unix epoch at 00:00:00 UTC. January 12 Biafra capitulates, ending the Nigerian civil war. January, "Family Dollar"'s stock went public for the first time, at 14 dollars and 50 cents (14 dollars and a half) each.
In 19711971 is a common year starting on Friday (click for link to calendar). Events January January 1 British divorce Reform Act comes into force January 2 66 die in stairway crush at Rangers v Celtic football match, Glasgow, Scotland. See Ibrox disaster. Janua, the chain's 100th store opened, followed by their 200th in 19741974 is a common year starting on Tuesday (click on link for calendar). Events January-February January 5 Dungeons & Dragons officially released. February 4 Patricia Hearst, the 19 year old granddaughter of publisher William Randolph Hearst, is kidnapped and their 300th in 1978Events January January 1 The Copyright Act of 1976 takes effect, making sweeping changes to United States copyright law. January 1 Air India's Boeing 747 explodes near Bombay 213 dead. January 4 Referendum in Chile supports policies of Augusto Pinochet.. Also in '74, a distribution center was opened in Matthews, North CarolinaMatthews is a town located in Mecklenburg County, North Carolina. As of the 2000 census, the town had a total population of 22,127. Geography Matthews is located at 35°7'1" North, 80°42'59" West (35. 116851, -80. According to the United States Census Bure.
In 1979Events January-February January 1 Sino-American relations: United States and the People's Republic of China establish diplomatic relations January 4 State of Ohio agrees to pay $675,000 to families of dead and injured in Kent State University shootings., "Family Dollar" began trading at the NYSE.
In 1981, the chain's 400th store was opened, followed by a 500th store in 1982 and a 700th in 1983. The 1980s saw expansion at a wider scale for the company, and, by 1989, 1,500 stores were operating.
The 1990s saw the expansion slow down a little when compared to the 1980s, with 1,000 stores opened. However, the company opened three distribution centers, one each in West Memphis, Arkansas, Ft. Royal, Virginia and Duncan, Oklahoma.
In 2000, a distribution center was opened in Morehead, Kentucky.
In 2001, "Family Dollar" joined the " S&P" 500 list.
In 2002, the company joined the Fortune 500 list and opened a distribution center in Maquoketa, Iowa.
2003 saw distribution centers open in Odessa, Texas and Jacksonville, Florida.| Politics | Business | Finance |
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