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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 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'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. Neil ...
Dollar Tree acquired the Family Dollar brand in 2015 for a grand price tag of $9 billion after it outbid rival Dollar General to win the chain."I strongly believe selling Family Dollar and ...
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 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 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 said on Wednesday that a group of private equity investors would acquire its Family Dollar business for about $1 billion, ending its nearly yearlong search for potential buyers for the ...