GREEN BAY, Wis., June 2 /PRNewswire/ — Integrys Energy Services, a subsidiary of Integrys Energy Group, Inc. (NYSE:TEG) , is pleased to announce its new partnership with Family Dollar stores. Family Dollar has selected Integrys Energy Services to provide comprehensive energy management consulting services for its 6,000-plus retail stores nationwide.
With energy being one of the most unpredictable and volatile costs facing businesses today, Integrys Energy Services’ role will be to strategically manage Family Dollar’s energy portfolio, focusing on a corporate-wide plan designed to mitigate volatility, reduce costs, and proactively manage energy sourcing. In addition, invoice management and payment, along with customized utility data management services from Integrys Energy Services, will help Family Dollar upgrade their existing energy competency. An integrated, tailored solution was vital for Family Dollar given their geographic reach, large number of stores, and expected annual growth.
Family Dollar is one of the fastest growing discount retail chains in the United States. The merchandising strategy that drives this growth provides customers with good values on basic merchandise for the family and home in a small-box, neighborhood format. Stores are located in a contiguous 44-state area ranging northeast to Maine, southeast to Florida, as far northwest as Idaho, and southwest to Arizona.
Integrys Energy Services will serve thousands of Family Dollar facilities throughout the United States, providing a complete portfolio of professional high value services. David George, who leads energy consulting business development efforts for Integrys Energy Services, said, “We look forward to working with Family Dollar to develop a dynamic corporate energy strategy that delivers ongoing enhanced value for their business.”
About Family Dollar
Beginning with one store in Charlotte, North Carolina, in 1959, the Company currently operates more than 6,500 stores in 44 states. Family Dollar Stores, Inc., a Fortune 500 company, is based in Matthews, North Carolina, just outside of Charlotte and is a publicly held company with common stock traded on the New York Stock Exchange under the symbol FDO. For more information, please visit http://www.familydollar.com/.
About Integrys Energy Group, Inc.
Integrys Energy Group, Inc. (NYSE:TEG) , headquartered in Chicago, Illinois, is a holding company for energy related subsidiaries, which includes regulated utilities and nonregulated subsidiaries.
The company’s principal nonregulated subsidiary is:
— Integrys Energy Services, Inc., a diversified nonregulated energy
supply and services company serving residential, commercial,
industrial, and wholesale customers in developed competitive markets
in the United States and Canada.
The six regulated utilities consist of:
— The Peoples Gas Light and Coke Company, a natural gas utility serving
approximately 830,000 customers in the City of Chicago.
— Wisconsin Public Service Corporation, an electric and natural gas
utility serving approximately 433,000 electric customers and 314,000
natural gas customers in northeastern Wisconsin and an adjacent portion
of Michigan’s Upper Peninsula.
— Minnesota Energy Resources Corporation, a natural gas utility serving
approximately 207,000 customers throughout Minnesota.
— Michigan Gas Utilities Corporation, a natural gas utility serving
approximately 165,000 customers in lower Michigan.
— North Shore Gas Company, a natural gas utility serving approximately
158,000 customers in the northern suburbs of Chicago.
— Upper Peninsula Power Company, an electric utility serving
approximately 52,000 customers in Michigan’s Upper Peninsula.
More information about Integrys Energy Group, Inc. is available online at http://www.integrysgroup.com/.
First Call Analyst:
Source: Integrys Energy Services, Inc.
CONTACT: David George, Energy Management Consulting, +1-614-844-4328, or
Joanne Weycker, Sr. Marketing|Comm. Coord., +1-920-617-6214, both of Integrys
Energy Services, Inc.; or Joshua Braverman, Public Relations Manager of Family
Dollar Stores, Inc., +1-704-814-3447