Family Dollar was founded in 1959 by Leon Levine, their first location was in Charlotte, NC. The company quickly expanded to South Carolina (1961), Georgia (1962) and Virginia (1965). The company expanded rapidly in the 60’s and had over 50 stores by 1969.
The company went public in 1970 and continued to expand rapidly. The company opened their 100th store in 1971 and had 300 stores by 1978.
Leon Levine retired in 2003 and was succeeded as CEO by his son, Howard Levine.
The chain currently has over 7000 stores in 44 states and opens 300-500 new stores each year.
The Family Dollar corporate office is located just outside Charlotte in Matthews, NC.