1959: Leon Levine, a 22-year-old son of an immigrant Russian merchant, opens the first Family Dollar store on Central Avenue in Charlotte, N.C. 1961: First store opens in South Carolina. 1962: First store opens in Georgia. 1965: First store opens in Virginia. 1967: 27 stores operating in four states; annual sales top $5 million. 1969: 50 stores opened. 1970: Family Dollar goes public, offering common stock at $14.50 per share; adjusted for stock splits, each share is now equivalent to ...
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