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Family Dollar on track for 450 to 500 stores this year

New York City -- Family Dollar plans to continue aggressive growth in the current fiscal year, with 450 to 500 new stores on tap, CEO Howard Levine said at the company's annual shareholder meeting Thursday, The Charlotte Observer reported.

The discounter also plans to open its 11th distribution center this year, to serve its stores in California where it has started expanding, the report said.

Levine said Family Dollar will continue its store renovation program, making over another 1,000 locations.

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