The company went public in 1970 and continued to expand rapidly.
The chain currently has over 7000 stores in 44 states and opens 300-500 new stores each year.
The Family Dollar corporate office is located just outside Charlotte in Matthews, NC.
Leon Levine retired in 2003 and was succeeded as CEO by his son, Howard Levine.
Howard Levine stepped down as CEO in January of 2016 after Dollar Tree acquired Family Dollar in late 2015.
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The company quickly expanded to South Carolina (1961), Georgia (1962) and Virginia (1965).