Why consumers don't feel confident about the economy right now 02:31. Dollar Tree on Wednesday said it is selling Family Dollar for $1 billion to a pair of private equity firms, a decade after it ...

Dollar Tree closed about 600 Family Dollar stores in 2024 and had plans to close another 370 – along with 30 Dollar Tree stores – when the leases came up on on those locations.. CEO Michael ...

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 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.

In November, Dollar Tree — which operates more than 16,700 stores, including 8,400-plus Family Dollar locations — had said it would be reviewing its Family Dollar business, including ...

Family Dollar, the struggling discount chain that caters to low-income customers predominantly in cities, said Wednesday it will close nearly 1,000 stores.

Dollar Tree acquired Family Dollar in 2015, but the acquisition has dragged the company's finances. Family Dollar's same-store sales rose only 0.1% in 2018 and 0.4% in 2017, prompting the overhaul ...

Dollar Tree and Family Dollar are permanently closing over 1,000 locations. Here’s the last time you can shop at the discount stores. Updated: Jul. 01, 2025, 3:05 p.m.

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 Store Closures. There are around 8,000 Family Dollar locations across the U.S., but the chain has struggled amid ambitious expansion plans and Dollar Tree had already announced in ...

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.