Dollar Tree to sell Family Dollar
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The Associated Press |
Neil Saunders, managing director of GlobalData, said that after acquiring the rival chain, Dollar Tree struggled with supply chain issues, poor store locations and other operational difficulties.
Bloomberg L.P. |
Dollar Tree’s store count will roughly halve following the transaction.
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Dollar Tree shares extended their Wednesday gains into Thursday as analysts register bullishness on the retailer's deal to sell the Family Dollar brand.
Dollar Tree on Wednesday said it is selling Family Dollar for $1 billion to a pair of private equity firms, a decade after it bought the discount chain for more than $8 billion. In a statement ...
Discount retailer Dollar Tree (DLTR), which operates the Family Dollar and Dollar Tree chains of stores, is scheduled to announce its results
Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies. Find out its plans.
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Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs.
Dollar Tree said on Wednesday that a group of private-equity investors would acquire its Family Dollar business for about $1 billion, bringing an end to
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.
Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decade.