Family Dollar on Thursday said that it had dismissed its president and COO, Michael Bloom, amid disappointing financial results. The Matthews, N.C.-based discounter said comparable sales declined by 2.8% in the first quarter, which ended Nov. 30, and by 3% during the month of December — trends officials said they expect would continue. CONNECT WITH SN ON LINKEDIN Join SN's LinkedIn Group to network with industry professionals. Although quarterly earnings were in line with ...

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