Rochester,NY 8/13/2009 12:50:55 AM
Family Dollar Stores, Inc., FDO - From Food Subsidy Program Expansion, Family Dollar goes high
Family Dollar Stores, Inc.
The U.S. government is in the process of expanding its food subsidy program to cover low-income individuals and families, and Family Dollar Stores Inc. is reaping the benefits.
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One quarter of the core consumers visiting Family Dollar, the nation's largest publicly traded dollar-store chain, participate in the federal subsidy program, and the number is on the rise, according to a recent report by Pali Research.
Four years ago, Family Dollar began adding more varieties of food to its shelves to meet increasing demand from its customers. The company also installed more refrigerators and coolers to carry milk, eggs and cheese.
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