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Why consumers don't feel confident about the economy right now 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 ...
Dollar Tree purchased Family Dollar in 2015 for about $9 billion, hoping the merger would help both stores reach more customers. But it struggled to effectively manage the Family Dollar brand.
Dollar Tree reported net sales of $5 billion – excluding sales from Family Dollar stores – a 2% increase in same-store sales during the three-month period ending Feb. 1, 2025.
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.
Dollar Tree has 16,397 stores across 48 states and parts of Canada, of which 7,300 are Family Dollar. The Virginia-based company said there's no set date for when the company will make a decision ...
Dollar Tree announced on Wednesday that it has agreed to sell its Family Dollar division to a group of private equity firms in a deal valued at approximately $1 billion.
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.
Dollar Tree, Inc. Also on Wednesday, Dollar Tree reported a net loss of $1.71 billion, or $7.85 per share in the quarter ended Feb. 3, compared with a year-ago profit of $452.2 million, or $2.04 ...
Dollar Tree announced it will record a $950 million impairment against Family Dollar's trade name in addition to a $1.07 billion goodwill charge.
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