Construction starts on new Family Dollar Stores for Altha and Bristol

April 1, 2011

Real estate developer, Stephens-Barrios, LLC, has begun construction on a new Family Dollar Store in both Altha and Bristol.

The 8,000 square foot, free-standing retail stores will be located at the northwest corner of North Main Street and Oscar Hall Road in Altha and the north side of NW State Road 20 between its intersections with Solomon Street and Shuler Lane in Bristol.

The new stores are tentatively scheduled to open early this summer and are expecting to get a warm reception from local and area residents. The projects will be another successful collaboration between Family Dollar Stores, Inc., and Stephens-Barrios, LLC.

Family Dollar Stores, Inc. (NYSE: FDO) reported that net sales for the first quarter of fiscal 2011, as compared with the first quarter of fiscal 2010, net sales increase 9.5% to $2.0 billion. The Company has 6,800 stores in 44 states with plans to open approximately 300 new stores during fiscal 2011.

Stephens-Barrios, LLC is an Orlando-based real estate developer servicing Central and North Florida for the retail industry.

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