Retail News: Family Dollar Rejects Takeover Offer; Same-store Sales Mostly Improve (FDO, ANF, ARO, AEO, GPS, TGT, DDS, M, LTD, SSI, PIR, TJX, ZUMZ)
There’s a lot of action in the retail sector this morning, headed by a rejected buyout offer for Family Dollar Stores Inc. (NYSE: FDO) from hedge-fund manager Trian Group, which is headed…