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Family Dollar
Family Dollar Stores, Inc. is an American variety store chain founded in 1959 by Leon Levine in Charlotte, North Carolina. With over 8,000 locations in all states except Alaska and Hawaii, it was once the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015. Its headquarters operations were then moved from Matthews, North Carolina, to Chesapeake, Virginia. In June 2014, activist investor and major shareholder Carl Icahn demanded that Family Dollar be immediately put up for sale. On July 28, 2014, Dollar Tree announced that it would buy Family Dollar for $8.5 billion. The sale delivered a windfall to the company's biggest shareholder, Carl Icahn, who had acquired his 9.4 percent stake in June 2014. On January 22, 2015, Family Dollar shareholders approved the Dollar Tree bid. Family Dollar, and dollar stores in general, food deserts In 2022, Family Dollar was sued by the Arkansas Attorney General following an investigation by ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Activist Shareholder
Shareholder activism is a form of activism in which shareholders use equity stakes in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. The goals of shareholder activism range from financial (increase of shareholder value through changes in corporate policy, cost cutting, etc.) to non-financial (disinvestment from particular countries, etc.). Shareholder activists can address self-dealing by corporate insiders, although large stockholders can also engage in self-dealing to themselves at the expense of smaller minority shareholders. Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigation, and negotiations with management. Daniel Loeb, head of Third Point Management, is notable for his use of sharply written letters directed ...
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Front Royal, Virginia
Front Royal is the only incorporated town in Warren County, Virginia, United States. The population was estimated at 15,400 as of 2023. It is the county seat of Warren County. History The entire Shenandoah Valley including the area to become Front Royal was annexed and claimed for hunting by the Iroquois Confederation during the later Beaver Wars, by 1672. Some bands of the Shawnee settled in the area as client groups to the Iroquois and alternately to the Cherokee after 1721. The Iroquois formally sold their entire claim east of the Alleghenies to the Virginia Colony at the Treaty of Lancaster in 1744. Front Royal, originally settled in 1754, had been known to European explorers as early as the 1670s, and the nearby settlement of Chester's Ferry was in existence by 1736. The town also had a well-known nickname by the 1790s, "Helltown," due to the many livestock wranglers and boatmen on the Shenandoah coming through the area, who came into town looking for alcohol. It was ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ...
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Virginia
Virginia, officially the Commonwealth of Virginia, is a U.S. state, state in the Southeastern United States, Southeastern and Mid-Atlantic (United States), Mid-Atlantic regions of the United States between the East Coast of the United States, Atlantic Coast and the Appalachian Mountains. The state's List of capitals in the United States, capital is Richmond, Virginia, Richmond and its most populous city is Virginia Beach, Virginia, Virginia Beach. Its most populous subdivision is Fairfax County, Virginia, Fairfax County, part of Northern Virginia, where slightly over a third of Virginia's population of more than 8.8million live. Eastern Virginia is part of the Atlantic Plain, and the Middle Peninsula forms the mouth of the Chesapeake Bay. Central Virginia lies predominantly in the Piedmont (United States), Piedmont, the foothill region of the Blue Ridge Mountains, which cross the western and southwestern parts of the state. The fertile Shenandoah Valley fosters the state's mo ...
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Georgia (U
Georgia most commonly refers to: * Georgia (country), a country in the South Caucasus * Georgia (U.S. state), a state in the southeastern United States Georgia may also refer to: People and fictional characters * Georgia (name), a list of people and fictional characters with the female given name * Georgia (musician) (born 1990), English singer, songwriter, and drummer Georgia Barnes Places Historical polities * Kingdom of Georgia, a medieval kingdom * Kingdom of Eastern Georgia, a late medieval kingdom * Kingdom of Western Georgia, a late medieval kingdom * Georgia Governorate, a subdivision of the Russian Empire * Georgia within the Russian Empire * Democratic Republic of Georgia, a country established after the collapse of the Russian Empire and later conquered by Soviet Russia. * Georgian Soviet Socialist Republic, a republic within the Soviet Union * Republic of Georgia (1990–1992), Republic of Georgia, a republic in the Soviet Union which, after the collapse of the U ...
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South Carolina
South Carolina ( ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders North Carolina to the north and northeast, the Atlantic Ocean to the southeast, and Georgia (U.S. state), Georgia to the west and south across the Savannah River. Along with North Carolina, it makes up the Carolinas region of the East Coast of the United States, East Coast. South Carolina is the List of U.S. states and territories by area, 11th-smallest and List of U.S. states and territories by population, 23rd-most populous U.S. state with a recorded population of 5,118,425 according to the 2020 United States census, 2020 census. In , its GDP was $213.45 billion. South Carolina is composed of List of counties in South Carolina, 46 counties. The capital is Columbia, South Carolina, Columbia with a population of 136,632 in 2020; while its List of municipalities in South Carolina, most populous city is Charleston, South Carolina, Charleston with ...
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Our State
''Our State'' (full title: ''Our State: Celebrating North Carolina'') is a monthly magazine based in Greensboro, North Carolina, featuring travel and history articles and photographs about North Carolina people, places and events. First published in 1933 as ''The State'' magazine, the publication has become "the oldest regional publication of its kind in the country," according to the Associated Press. It is a member of the City and Regional Magazine Association (CRMA). History Carl Goerch, a journalist known for his newspaper work as well as "Doings of the Legislature" on WPTF radio, told potential advertisers for his new publication that they could drop their ads after the first month if they were not worth the money. On June 3, 1933, ''The State'' printed its first issue, with 2500 copies sold at ten cents each. Goerch said that from the first issue, his magazine "met a very favorable impression and kept right on growing." Governor John C. B. Ehringhaus appeared on the earli ...
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West Memphis, Arkansas
West Memphis is the largest city in Crittenden County, Arkansas, United States. The population was 24,520 at the 2020 United States census, 2020 census, ranking it as the state's 20th largest city. It is part of the Memphis metropolitan area, and is located directly across the Mississippi River from Memphis, Tennessee. History Pre-European habitation Native Americans in the United States, Native Americans lived in the Mississippi River Valley for at least 10,000 years, although much of the evidence of their presence has been buried or destroyed. The people of the Mississippian culture, Mississippian Period were the last indigenous inhabitants of the West Memphis area. Mound City Road, located within the eastern portion of the West Memphis city limits, has a marker indicating that the villages of Aquixo (Aquijo) or Pacaha were in the area. Several mounds are still visible. European exploration and settlement Explorers from both Spain and France visited the area near West Memphi ...
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Food And Drug Administration
The United States Food and Drug Administration (FDA or US FDA) is a List of United States federal agencies, federal agency of the United States Department of Health and Human Services, Department of Health and Human Services. The FDA is responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, caffeine products, dietary supplements, Prescription drug, prescription and Over-the-counter drug, over-the-counter pharmaceutical drugs (medications), vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation emitting devices (ERED), cosmetics, Animal feed, animal foods & feed and Veterinary medicine, veterinary products. The FDA's primary focus is enforcement of the Federal Food, Drug, and Cosmetic Act (FD&C). However, the agency also enforces other laws, notably Section 361 of the Public Health Service Act as well as associated regulations. Much of this regulatory-enforcement work is ...
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Arkansas Attorney General
The attorney general of Arkansas, usually known simply as the attorney general (AG), is one of Arkansas's seven constitutional officers. The officeholder serves as the state's top law enforcement officer and consumer advocate. History The attorney general was not originally a state constitutional officer but rather was created by Act 1 of 1843, which designated the Arkansas attorney for the Fifth Judicial District as the attorney general. The first attorney general of Arkansas was Robert W. Johnson. The Arkansas Constitution of 1868 made the post elective, though it required only that the attorney general “perform such duties as are now, or may hereafter, be prescribed by law.” This was reaffirmed in the constitution of 1874. Act 131 of 1911 laid out four general responsibilities of the attorney general's office: 1) to give opinions to state officers and agencies “upon any constitutional or other legal question that may concern the official action of said officers”; ...
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Food Desert
A food desert is an area that has limited access to food that is plentiful, affordable, or nutritious. In contrast, an area with greater access to supermarkets and vegetable shops with fresh foods may be called a food oasis. The designation considers the type and the quality of food available to the population, in addition to the accessibility of the food through the size and the proximity of the food stores. Food deserts are associated with various health outcomes, including higher rates of obesity, diabetes, and cardiovascular disease, specifically in areas where high poverty rates occur. Studies suggest that individuals living in food deserts have lower diet quality due to the scarcity of fresh produce and foods that are full of nutrients. In 2017, the United States Department of Agriculture reported that 39.5 million people or 12.8% of the population were living in low-income and low-access areas. Of this number, 19 million people live in "food deserts", which they define as ...
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