Wednesday, July 18, 2012

a penny across from the Family Dollar on Fayette st.


If I found 99 more cents, I could have purchased a pack of pencils, or a pez dispenser, or possibly even some nameless brand toothpaste! Unfortunately though, I only managed to find one penny outside of Fayette Street's Family Dollar. While not all of their products are only $1, they do offer some of the lowest prices on random, everyday items (especially great for back-to-school items)

Using the power of the world wide web, I discovered that there are 42 Family Dollar stores within 25 miles of my zip code (21231). Even more amazing, I looked further into and found out that Family Dollar is actually doing pretty well! They currently have around 7,100 stores nationwide in 45 states and in DC. They currently employ 45,000 employees and have a rising revenue of $8.5 billion. In fact, in 2002 the company became a member of the Fortune 500 list. 


Interesting fact: The founder of Family Dollar was Leon Levine who was born and raised in North Carolina. His introduction to business owning came at only 15 years old. In 1949, his father (a department store owner) died leaving the family's department store in the hands of Leon's older brother. However, in 1951, Leon's older brother was drafted into the Korean War. It was at this point that Leon became the owner of the Department Store, and that was all she wrote! 


Total change collected: 34 cents

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