Food Sales Boost Family Dollar

An ongoing effort to expand space for food and consumable goods at Family Dollar Stores is continuing to reap benefits, the retailer said last week. The discounter said increased traffic and demand for low-priced basics helped sales improve by 2.6% to $1.8 billion in the fiscal fourth quarter that ended Aug. 29. Comparable-store sales increased by 1%, despite the anniversary of stimulus

MATTHEWS, N.C. — An ongoing effort to expand space for food and consumable goods at Family Dollar Stores is continuing to reap benefits, the retailer said last week.

The discounter said increased traffic and demand for low-priced basics helped sales improve by 2.6% to $1.8 billion in the fiscal fourth quarter that ended Aug. 29. Comparable-store sales increased by 1%, despite the anniversary of stimulus checks that boosted sales figures by 5.6% in the same period last year.

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