On July 28, 2014 bargain-basement retailer Dollar Tree announced plans to acquire their competitor Family Dollar for $8.5 billion. Headlines about this major purchase were carried by a variety of local and national news outlets.
|Bloomberg Businessweek||Dollar Tree Agrees to Acquire Family Dollar for $8.5 Billion|
|Charlotte Observer||Charlotte Region Loses Corporate Headquarters in Family Dollar Buyout|
|ABC News||Dollar Tree (DLTR) Buying Family Dollar (FDO)|
|Wall Street Journal||Battle for Poor Shoppers Fuels Dollar-Store Deal|
|NBC Charlotte (WCNC)||Dollar Tree buying Matthews-based Family Dollar for $8.5B|
At SigActs we are always interested in the geospatial aspects of breaking business news, and we were curious about what the Family Dollar retail footprint looks like on a map.
Based on our research, we identified 8,136 Family Dollar stores in the United States (as of the time this post was published). At the $8.5 billion purchase price, the acquisition deal averages to $1,044,739 per store.
The intensity map below clearly shows that Family Dollar has a large presence in the United States along the East Coast and in the Midwest.
With all of the Family Dollar stores plotted in SigActs Pro, we can ask interesting questions about the data to understand where the company has the most concentrated retail presence. Below is a breakdown of the five U.S. states with the most Family Dollar stores.
Five U.S. States with the Most Family Dollar Stores
|State||Number of Stores|
SigActs Pro also allows us to drill down into the data to see the distribution of Family Dollar stores in any major metropolitan area. Below is a snapshot of Family Dollar Stores in and around Las Vegas, Nevada.
Another interesting way to analyze this type of point data (each retail store represented as a single point) is to see how many stores are within a given radius around a variety of U.S. landmarks. The table below shows how many Family Dollar stores are within 10 miles of a few notable U.S. attractions.
Family Dollar Stores Within 10 Miles of U.S. Landmarks
|Family Dollar Stores
Within 10 Miles
|Empire State Building
New York, New York
|AT&T (Cowboy’s) Stadium
New Orleans, Louisiana
|The White House
Las Vegas, Nevada
At SigActs we believe that behind every headline there are interesting aspects of geography, and we have developed sophisticated methodology to understand where events are being reported. We would love to help you visualize where news may have relevance to the places on the Earth that are important to you, your customers and your business!