Family Dollar is a chain of stores selling varied products, in United States, for only a dollar. The store came into existence in the year 1959. Presently, they operate more than seven thousand stores of the world. The store chain has it’s headquarter located in the region of Matthews in North Carolina. Family Dollar has been named so because the majority of the items are available at less than 10 dollars, in these stores. They are also known as neighborhood discount store because they sell diverse products at reduced prices. The founder of the store was a 21-year-old young entrepreneur, Leon Levine.