Family Dollar Inc Case Study Analysis

Topics: Retailing, Household income in the United States, Family Dollar Pages: 2 (467 words) Published: April 14, 2013
Slide 1 Step 1 - Introduction
Names of Everybody & their field of study
I am an Accounting Student not sure of the rest

Slide 2
Have the outline as follows
-Mission/Vision – by Elizabeth Cuellar
-Internal Assessment-by name
-External Assessment-by name
-Strategy Formulation-by name
-Strategy Implementation-by name
-Conclusion-by name
Slide 3
Company Overview
-Founded by Leon Levine in 1959 opened first store in Charlotte, North Carolina -Family Dollar operates more than 6,600 stores in 44 states plus the District of Columbia - Provides to low and middle income consumers (defined as households under $30, 000 or $35,000 of annual income) at convenient stores with competitive prices (31% of items priced at a dollar or less) -Merchandise includes consumables, home products, apparel and accessories

Slide 4
Current Mission Statement
Four our Customers, we offer a compelling place to shop by providing convenience and low prices; Four our associates, we offer a compelling place to invest by providing exceptional opportunities and rewards for achievement; For our investor, we offer a compelling place to invest by providing outstanding returns. Slide 5

Revised Mission
“At Family Dollar, we strive to meet our customer needs, providing them with common household products including food items, household supplies, and beauty and health supplies at affordable prices. We continually implement the latest technology to our stores to better satisfy and meet the needs of our customers and maintain growth in this ever changing world. We seek to serve our community through charitable events and by providing employees with job security, competitive compensation, strong leadership and opportunities for growth. “

Slide 6
Vision Statement
Current Vision Statement
To be the best small –format convenient and value retailer serving the needs of families in our neighbourhood. Proposed Vision Statement
“To provide a wide range of items to our customers giving...
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