REAL ESTATE

Family Dollar on track for 450 to 500 stores this year

BY Staff Writer

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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REAL ESTATE

Bottom Dollar announces opening dates for 14 stores in Ohio

BY Staff Writer

Salisbury, N.C. — Bottom Dollar Food announced grand opening dates for its first 14 stores in the greater Pittsburgh and Youngstown, Ohio, markets, with its first seven stores opening on Jan. 26. Seven additional stores will open on Feb. 9.

In addition to its new stores in Pittsburgh and Youngstown, Ohio, Bottom Dollar Food remains focused on continuing to expand in the greater Philadelphia market, which currently encompasses 24 stores in the state of Pennsylvania and five stores in New Jersey. After the 14 grand openings in January and February, Bottom Dollar Food will operate 43 stores in New Jersey, Pennsylvania and Ohio.

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Report: Athleta on expansion track

BY Staff Writer

New York City — Athleta, the Yoga-inspired lifestyle athletic apparel brand for women owned by Gap Inc., plans to open stores in Chicago, Boston, Houston and Denver in 2012, according to Bloomberg.

In the report, Scott Key, senior VP and general manager, reiterated the company’s plan to open more than 50 Athleta stores by the end of 2013.

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