Dollar Tree serves as a fill-in shopping destination—evidenced by its $12 average basket size—that could benefit consumers operating on tight budgets with limited nearby shopping alternatives.

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 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 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.