Market Overview

Family Dollar Announces Partnership with Healthways to Improve Team Members' Health and Well-Being

MATTHEWS, N.C. & NASHVILLE, Tenn.--(BUSINESS WIRE)--

Family Dollar Stores, Inc. (NYSE: FDO), one of the fastest-growing discount retail chains in the United States, announced today a new partnership with Healthways (NASDAQ: HWAY), a national leader in health and wellness solutions. This multi-year agreement offers Family Dollar's Team Members a wide-range of wellness programs to optimize their health and underscores Family Dollar's strong commitment to proactively engage in activities which encourage healthy living.

“We are proud to offer this new program to our Team Members because fostering opportunities to enhance well-being is crucial to developing a healthy corporate culture and highlights our drive to be a compelling place to work,” said Howard Levine, Family Dollar's CEO. “We are pleased that, through our partnership with Healthways, our Team Members will have access to transformational technologies and services that are shaping a new age of healthy living.”

As part of the agreement, Family Dollar is offering its estimated 50,000 full-time and part-time Team Members a variety of integrated services, collectively known as the Healthways Well-Being Improvement Solution. Some of these services will include Healthways Well-Being Assessments™, the Well-Being Connect™ web-based personal behavior change application, wellbeingGO™ mobile application, biometric screenings, onsite program management and engagement marketing, health risk coaching, incentive management and wellness competitions and challenges.

“The leadership of one of the country's fastest growing retailers realizes that to lift their workforce's well-being is to enhance our nation's economic productivity,” said Ben R. Leedle, Jr., Healthways president and CEO. “The one proven way to improve employee health and well-being is an effective strategy that engages employees and supports them in making healthy individual lifestyle choices. Given America's obesity epidemic and increases in lifestyle-related chronic diseases, the commitment to improved well-being by innovative companies like Family Dollar is essential to reversing these trends.”

Healthways was chosen by Family Dollar after a lengthy competitive selection process and assumed responsibility for program management and delivery of services as of October 1.

About Family Dollar

For more than 50 years, Family Dollar has been providing value and convenience to customers in easy-to-shop neighborhood locations. Family Dollar's mix of name brands, and quality, private brand merchandise, appeals to shoppers in more than 7,300 stores in rural and urban settings across 45 states. Helping families save on the items they need with everyday low prices creates a strong bond with customers who refer to their neighborhood store as “my Family Dollar.” Headquartered in Matthews, North Carolina, just outside of Charlotte, Family Dollar is a Fortune 300, publicly held company with common stock traded on the New York Stock Exchange under the symbol FDO. For more information, please visit www.familydollar.com.

About Healthways

Healthways is the largest independent global provider of well-being improvement solutions. Dedicated to creating a healthier world one person at a time, the Company uses the science of behavior change to produce and measure positive change in wellbeing for our customers, which include employers, integrated health systems, hospitals, physicians, health plans, communities and government entities. We provide highly specific and personalized support for each individual and their team of experts to optimize each participant's health and productivity and to reduce health-related costs. Results are achieved by addressing longitudinal health risks and care needs of everyone in a given population. The Company has scaled its proprietary infrastructure and delivery capabilities developed over 30 years and now serves approximately 40 million people on four continents. Learn more at www.healthways.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50430280&lang=en

Family Dollar Stores, Inc.
Bryn Winburn, 704-814-3604
bwinburn@familydollar.com
or
Healthways
Chip Wochomurka, 615-614-4493
chip.wochomurka@healthways.com

 

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