Watch This Before Stepping Foot In Family Dollar Again

In recent years, Family Dollar has made some commotion in the business news world, from structural changes to crime to positive outlooks during the COVID-19 pandemic. But there's a lot you don't know about the seemingly ubiquitous chain. This is the untold truth of Family Dollar.

In recent years, Family Dollar has made some commotion in the business news world, from structural changes, to an unexpectedly positive outlook during the COVID-19 pandemic. But there's a lot you don't know about this popular chain of stores. This is the untold truth of Family Dollar.

Many people in their early 20s are most likely in school or working entry-level jobs, not opening what would be the first of thousands of stores across the country with one simple concept: Nothing is more than $2.

But Leon Levine, the Family Dollar founder, was not without experience in the discount shop game. As a kid, Levine and his brothers worked in their father's department store, a shop called The Hub. Then, a series of events threw Levine into a more demanding role. His father died in 1949, and his brother was drafted into the Korean War. A teenage Leon was soon running The Hub and was even vice president of the store from 1954 to 1957.

During his vice presidency, Levine and his brother bought a bedspread factory called Union Craft Company. This was near Wingate College in North Carolina, where Leon attended business classes in the morning before running the factory in the afternoon.

By 1959, Levine had sold the bedspread factory and made one important trip, he visited a dollar store in Kentucky. Inspired, Levine, now married and a father, opened the first Family Dollar later that year at the age of 22. Watch this video Before Stepping Foot In Family Dollar Again!

#FamilyDollar #DollarStores

A young man's dream | 0:00
Beginnings in Charlotte | 1:14
The 1970s were tough | 1:54
Making the Fortune 500 list | 2:50
The Dollar Tree merger | 3:27
Discount stores are crime magnets | 4:00
An essential business | 4:33

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