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 ...

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 per share.

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’s decade-long effort to fold the Family Dollar chain into its business is ending after agreeing to sell the bargain store chain to a pair of private equity firms for $1 billion.

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 plans to shutter 600 Family Dollar stores in the first half of fiscal 2024. Over the next several years, the company intends to close 370 more Family Dollar locations, as well as 30 ...

As of Feb. 1, 2025, Dollar Tree operated a total of 16,500 Dollar Tree and Family Dollar stores across 48 states and five Canadian provinces, the company said. This article tagged under: ...

Dollar Tree is selling its Family Dollar business to private equity firms for about $1 billion, a fraction of its 2015 acquisition cost, as the brand struggled to drive traffic.

Dollar Tree (NASDAQ: DLTR) bought competitor Family Dollar in 2015. Now, it's selling the chain to a pair of private equity firms at a steep loss. Weirdly, the sale could result in competitor ...

The company, which operates around 16,774 stores, said it would close about 600 Family Dollar stores in the first half of fiscal-year 2024 and 370 more over a period of a few years, along with 30 ...

Family Dollar, which Dollar Tree bought in 2015, has been its main underperformer. Earlier this year, the company had outlined plans to shutter 970 of its Family Dollar stores.

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 ...