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Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies – and lets Dollar Tree focus on growth. Private equity firms ...
The sale comes as Dollar Tree announced it had planned to close nearly hundreds of Family Dollar stores. In 2015 ... the Chicago news you need to know. Sign up for the weekly Chicago Catch ...
The chain has struggled in recent years. Last year, Family Dollar announced plans to close more than 900 stores and was put up for sale. Messy stores, high prices and over-expansion have plagued ...
(Bloomberg) -- Dollar Tree Inc. sales improved in the third quarter, a sign ... converting stores to carry these higher-priced goods. At the same time, the retailer is exploring a sale and other ...
These closures will primarily impact lower-income communities, where families rely on discount stores for essential, budget-friendly household goods. Though the sale of Family Dollar is expected ...
Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies – and lets Dollar Tree focus on growth. Private equity firms ...
Key Takeaways Dollar Tree shares rallied 10% Thursday as analysts cheered the retailer's plan to sell the Family Dollar brand.UBS Securities analysts said the deal "will make the investment case on ...
Dollar Tree agreed to a sale of its Family Dollar business to a consortium of private-equity investors for roughly $1 billion, in a bid to unlock value and continue on its turnaround plans under ...
Dollar Tree bought Family Dollar for about $8.5 billion in 2015. Now, it plans to sell the unit for $1 billion to two private equity firms. A national retail chain with dozens of stores in the ...
significant planned new store openings across the United States, and transactions that advance our growth strategy," Creedon said in a press release announcing the Family Dollar sale. Dollar Tree ...