A decade after the two discount chains merged, Family Dollar will be sold Brigade Capital and Macellum Capital for $1 billion. After years of struggling with the complexities of a merger that saw the combination of two major discount retailers a decade ago,

Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.

Many Family Dollar and Dollar Tree combination stores will change in the future following the anticipated sale of Family Dollar, which is expected to be finalized later this year. During its fourth-quarter earnings report earlier this week,

Dollar Tree’s latest bargain is its own operations. The discount retail chain is handing its down-market Family Dollar brand to a group of private equity firms for the meager price of $1 billion. As the economy weakens,

U.S. stock futures are little changed after indexes rose for a third straight session yesterday, copper futures hit an all-time high in New York after a report that the U.S. could implement import tariffs on the metal within weeks,

But experts warn this could mean further closures for Family Dollar, which has already lined up around 1,000 locations to shut across the US. Dollar Tree mainly has stores in more middle-class ...

Dollar Tree is ending its short-lived and ill-fated Family Dollar experiment, offloading the discount brand for $1 billion – just a fraction of its purchase price from a decade ago. Family ...

Dollar Tree said Wednesday that it has reached a deal to sell its long-struggling Family Dollar chain, 10 years after acquiring it.