Published in Lifestyle and Retail category by MBA Skool Team
Family Dollar Stores is one of the leading brands in the lifestyle and retail sector. Family Dollar Stores SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Family Dollar Stores:
More than 45,000 employees are with the organisation
Family Dollar operates nine distribution centers to keep product stock in their stores
Operates in Food, clothing, housewares
Excellent brand recall and presence
Above are the strengths in the SWOT Analysis of Family Dollar Stores. The strengths of Family Dollar Stores looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Family Dollar Stores Weaknesses
The brand still trying to establish itself globally
Criticism from local communities due to Dollar General and Family Dollar stores having a negative effect on residential property values
Low top line and bottom line
These were the weaknesses in the Family Dollar Stores SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Family Dollar Stores Opportunities
Disposable income is increasing of the customers
Tapping the international market specially emerging economies
Acquisition of smaller retail chains
More visibility through advertising and customer focused services
Above we covered the opportunities in Family Dollar Stores SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Family Dollar Stores Threats
High labor wages
Requirement of area is huge for opening of store
Competition based on price points
The threats in the SWOT Analysis of Family Dollar Stores are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Regional chain of variety stores in the United States
Family Dollar Stores STP
People seeking consumer goods
Middle and upper middle class households
Your neighborhood family discount store
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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