Family Dollar Enters Partnership with McLane

Will enable Family Dollar to offer broader selection of food, merchandise

MATTHEWS, N.C. -- Family Dollar Stores Inc. has announced that it has entered into a strategic partnership with McLane Co. Inc., a leading provider of grocery and foodservice supply chain solutions. Beginning in September, this partnership will enable Family Dollar to offer customers a broader selection of merchandise, including refrigerated and frozen food, across the retailer's more than 7,200 locations in 45 states.

"We are broadening our assortment and increasing our relevancy to our customers. McLane's national footprint and broad distribution network make them a great partner to support our growth initiatives," said Howard R. Levine, chairman and CEO.

"This is a significant opportunity for McLane," said Mike Youngblood, president of McLane Grocery. "Servicing all of the Family Dollar Stores will involve 19 of our distribution centers across the country. Our nationwide reach combined with our industry-leading cold chain solution and vast SKU offerings makes this an ideal fit for both of our companies."

In addition to the ability to tailor the assortment to local markets, Matthews, N.C.-based Family Dollar, through its partnership with McLane, will establish a national supply chain for refrigerated and frozen merchandise that will provide both the scale and consistent service to propel this growing segment of the business.

With more than $30 billion in annual revenue, McLane provides supply chain services solutions for Grocery and Foodservice customers across the United States. With 38 distribution centers and one of the nation's largest private fleets, McLane optimizes the purchase, flow and sale of products from thousands of suppliers to more than 50,000 locations. The company also provides alcoholic beverage distribution in select states, logistic services in Brazil and exports to 25 countries. McLane is a Berkshire Hathaway company.