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Family Dollar CEO Howard Levine on the Democratic Convention and the difficult economy.
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But not this next fellow he's our ability needs to Stanley dollar CEO and what do you hear whether you're used to tease Barack Obama bombing your candidate -- -- and Charlotte.
Number one is -- border town responsibility -- -- -- favor brought about all.
Respectful of Barack Obama and I have -- -- political -- which I'll keep to myself for today really but you're here I'm here.
Or Toronto Arnold they're not showing me the parts of -- -- -- Okay and you're not gonna divulge who you gonna vote for no I'm not gonna put about today's interview going hello when we probably -- but you go first look at -- Isn't -- sits I've been looking at the breakdown of the people who speaking -- and I don't know if this is that connecting science but.
A lot more business types of the Republican to give -- to not only on the guest list and among the delegates but among the speakers of the 63 -- presented a third.
-- business.
Here it's more like one at a 10%.
-- hard minutes I could be wrong and they they got big guns like you here but.
Is this.
A friendly party to business.
But as the it being the Democratic Party friendly to business.
You know I think there's some that are friendly to business I think there's others that really don't understand the business of what it means and how we create jobs for a lot of folks on.
You know frankly Family Dollar -- -- a lot of low income value conscious consumers.
And I think we.
Obviously want to watch after them and take care of them.
We create a lot of jobs and we do it right didn't slow economic environment because.
People gravitated to you.
So you could argue that -- that a bad economy is your friend.
But it certainly hasn't been your enemy know how I would describe it this way I think mainly dollar has been a good investment in tough times in a good investment.
When times get better in no question we're in tough times now our customers really struggling and they look -- us for those values on the things that they use every day.
The only piece of our business today that's struggling to some of the more discretionary areas so things like -- on some the home -- would split.
Our basic consumable business is very strong.
And now we would like to see a stronger economy and have more -- out there so we could see more -- discretionary sales but.
We're fortunate we've got a great model we've got a great team and not very fortunate to.
You know our Charlotte at one of those crossroads cities have not too long though eclipsing Atlanta member when everyone's saying this is the new city of -- -- big corporate town.
You know obviously would hope we and -- American and you know your big presence here on and on.
But that.
Things -- -- -- here -- a 10% unemployment thereabouts state not doing a heck of a lot better state that went for Barack Obama without getting political about it.
Do you think that this state is in trouble.
No I I think economic Charlotte native the grownups here and live Terrell my wife is inside a change in just seeing -- not only North Carolina that's Charlotte has done them.
Fantastic job in growing.
I don't worry about Charlotte I think Charlotte is a great place people want to live here people want to be here.
And as things start to get better in the rest of the country I think Charles will more than -- with -- By the way what do you think of the president having to reschedule his stadium.
Speech tomorrow night for in this room.
You know -- I think he did that because of weather conditions if you were here last night you saw some of the lightning storm so I think it was a good you don't wanna let us do because they couldn't -- seats.
I don't think so yeah I don't think so okay.
How -- equity thank you very much -- the Family Dollar.
Big cities.
A company that has thrived and and it economic -- -- environment it's been remark.
