Subsequent event

6 Months Ended

Aug. 01, 2014

Subsequent Event

Subsequent Event

10.       Subsequent Event

On August 18, 2014, the Company announced it had submitted a proposal to the Board of Directors of Family Dollar Stores, Inc. (“Family Dollar”) to acquire all of the outstanding shares of Family Dollar common stock for $78.50 per share in cash. On August 21, 2014, this proposal was rejected by the Board of Directors of Family Dollar. There can be no assurance that a transaction will be completed on the terms proposed or at all.