MATTHEWS, N.C. — Saying its customers were “severely strapped for cash,” Family Dollar Stores here on Tuesday said sales were lower than expected and net income fell by 4.1% during its fiscal second quarter, which ended Dec. 1. The results sparked the retailer to reduce its annual earnings forecast while announcing plans to step up food and consumable presentations at its stores this spring with the intention of affecting financial improvements in the second half of 2008. “When we first ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.