EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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Principal Business: Organized in 1959, Family Dollar has grown to become the second largest<br />
dollar store chain (”general merchandise retail discount store”) in the US. Its store tally at the end<br />
of this period reached 7,442 stores in 45 states and DC. Its stores (ranging from 7,500 to 9,500<br />
square feet) sell mostly merchandise under $10. They are located in urban, suburban and rural<br />
areas. Some 69% of its product mix is now in consumables: household chemicals, paper products,<br />
candy, snacks and other foods, health and beauty care, hardware and auto supplies, plus pet<br />
food/supplies. Home products take 11.4%, apparel and accessories 8.8% and seasonal &<br />
electronics 10.8% of total sales.<br />
EB Identities: Family Dollar, Family Gourmet, Kidgets (diapers, formula food, apparel), Family<br />
Pet (pet food and accessories), Family Chef (cookware), Interiors by Design (home furnishings),<br />
Outdoors by Design (outdoor products).<br />
EB skus: N/A<br />
Profile: Family Dollar’s explosive growth in new stores, slowed down during the past couple of<br />
years to focus more on store upgrades and adjustments in its product assortment. During fiscal<br />
2012, however, the pace in new store openings has been recharged: 475 new stores, while 854<br />
outlets were relocated or expanded. (Plans in fiscal 2013 call for another 500 new stores). Family<br />
Dollar has changed its merchandise mix, decreasing apparel and accessories, while consumables<br />
have been emphasized. Sales in that area jumped by 16%, while its private brand sales advanced<br />
by 9% over the previous fiscal year. Private brand share of sales has risen from about 19% in<br />
fiscal 2009 to 25% in this current year. During the current year, the retailer added almost 400<br />
private brand consumable items. Overall, the company added some 1,000 new food, health, beauty<br />
and personal care items to its product assortment. Plans call for introducing new private brands in<br />
fiscal 2013. Also, coolers are now installed in 1,400 of its stores. These changes apparently work:<br />
Net income for the year jumped by 8.7% to $422.2 million.<br />
Procurement Contacts: John Scanlon, Senior Vice-President, Merchandising & Marketing;<br />
Barbara Corey, Director Private Label; Mary Rachide, Division VP/Private Brands; Robert<br />
Smmigiel, VP Mktg.; Don Hamblen, Sr. VP Customer Marketing; Tim Matz, VP, Global Sourcing<br />
Director; Trey Johnson, Sr. VP-Food; Tamy Deboer, VP, Private Brands/Merchandise Initiatives;<br />
Maryann Herskowitz, Dir. Strategy/Execution Private Brands.<br />
FAMILY MART CO., LTD.<br />
Sunshine 60 @ Building 17th Floor1-1, 3-1-1 Higashi Ikebukuro, Toshima-ku 170-6017, Tokyo,<br />
JAPAN<br />
Tel: +81 3-3989-6600<br />
Fax: N/A<br />
www.family.co.jp