Discount Retailers Expanding Nationwide
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Discount Retailers Expanding Nationwide

Family Dollar Stores, Inc. trades as Family Dollar at 3,960 locations throughout the U.S., exclusive of AK, CA, HI, ID, MT, OR and WA. The discount stores occupy spaces of 7,000 sq.ft. to 10,000 sq.ft. in freestanding locations and value, tourist, strip and mixed-use centers. Plans call for 650 openings during the coming 18 months. Expansion will take place nationwide. Freestanding sites require at least 35,000 sq.ft. of land. Demographic requirements include a population of 15,000 within one mile earning $35,000 as the average household income. Specific improvements are required. Leases running five years with five five-year options are typical. Preferred cotenants include a large supermarket. The company cites Dollar General, Fred’s, Bills and Variety Wholesale as competition. The stores generate average sales of $135 psf.

For more information, contact Gil LaFare, Family Dollar Stores, Inc., 10401 Old Monroe Road, Matthews, NC 28105; 704-847-6961, Fax 704-847-0189; Email: glafare@familydollar.com; Web site: www.familydollar.com.

Ronvin, Inc. trades as Morris Discount at seven locations in NY. The discount stores occupy spaces of 6,000 sq.ft. in downtown and freestanding locations. Expansion will take place in Manhattan and Brooklyn, NY during the coming 18 months.

For more information, contact Ron Grandelli, Ronvin, Inc., 1618 Avenue U, Brooklyn, NY 11229; 718-375-2529.

99 Cents Only Stores operates 120 locations in AZ, CA and NV. The closeout merchandise stores occupy spaces of 18,000 sq.ft. to 25,000 sq.ft. in freestanding locations and power and strip centers. Plans call for 42 openings during the coming 18 months. Expansion will take place in AZ, CA and NV. The company prefers at least two acres of land located near value-oriented retailers for freestanding units. Demographic requirements include a population of 30,000 within one mile earning an average household income of $40,000.

For more information, contact Dane Gladden, 99 Cents Only Stores, 4000 East Union Pacific Avenue, City of Commerce, CA 90023; 323-980-8145, Fax 323-881-9980.

Theisen Supply Co. trades as Theisen’s Home Farm Auto at 12 locations in IA. The general merchandise stores occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations. Expansion will take place in IA during the coming 18 months. The company prefers sites with at least 15,000 sq.ft. of space under roof and an outdoor sales area. Preferred cotenants include grocery stores and Wal*Mart. Leases running 10 to 15 years are typical. A vanilla shell is required. The stores generate average sales of $150 psf.

For more information, contact Jim Theisen, Theisen Supply Co., 4949 Chavanelle Road, Dubuque, IA 52002; 319-556-4738, Fax 319-556-7959.

Bi-Mart Company operates 60 locations in OR and WA. The general merchandise stores occupy spaces of 30,000 sq.ft. in strip centers and freestanding locations. Expansion will take place in northwestern states during the coming 18 months. Leases running 25 years are typical. A vanilla shell is required. Demographic requirements include a population of 6,000 within two miles.

For more information, contact Dick Hunsaker, Bi-Mart Company, PO Box 2310, Eugene, OR 97402; 541-344-0681, Fax 541-686-9092, Email: dhunsa@bimart.com.

Great Canadian Dollar Store, Ltd. trades as Great Canadian Dollar Store at 140 locations in Canada. The discount stores occupy spaces of at least 2,500 sq.ft. in malls and strip centers. Plans call for 40 openings during the coming 18 months. Expansion will take place in Canada. Preferred cotenants include grocery, drug and clothing stores. Demographic requirements include a population of 5,000 within one mile.

For more information, contact Kevin Walker, Great Canadian Dollar Store, Ltd., 302-31 Bastion Square, Victoria, BC, Canada V8W 1J1; 250-388-0123, Fax 250-388-9763; Web site: www.dollarstores.com; Email: kato@dollarstores.com.

Johnson’s General Stores operates 10 locations in KS and MO. The general merchandise stores occupy spaces of 2,400 sq.ft. in freestanding locations. Expansion will take place in existing markets during the coming 18 months. The company prefers to acquire locations within 100 miles from its home office in Wichita, KS.

For more information, contact Jay Johnson, Johnson’s General Stores, 4110 West 33rd Street South, Wichita, KS 67215; 316-942-6776.

D & K Stores, Inc. trades as D & K Stores and D.E. Jones at 125 locations in DE, MD, NJ, NY, OH, PA and WV. The discount stores occupy spaces of 5,000 sq.ft. to 7,500 sq.ft. in strip centers and downtown locations. Expansion will take place in NY, OH and PA during the coming 18 months. Leases running five years with options are typical. Demographic requirements include a population of 25,000 within three miles. The company prefers centers with a minimum GLA of 150,000 sq.ft.

For more information, contact Sharon Dey, D & K Stores, Inc., 2125 Highway 35, Oakhurst, NJ 07755; 732-493-9292, Fax 732-493-9729.

M.H. King Company trades as King’s Discount Stores at 34 locations in ID, MT, NV, OR, UT and WY. The general merchandise stores occupy spaces of 8,000 sq.ft. to 14,000 sq.ft. in strip centers and freestanding locations. Expansion will take place in existing markets during the coming 18 months. Leases running five years with options are typical. Preferred cotenants include grocery stores.

For more information, contact Tom King, M.H. King Company, PO Box 669, Burley, ID 83318; 208-678-7181, Fax 208-678-7907.