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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 ...
People walk by a Family Dollar store in Brooklyn on March 26, 2025 in New York City. The discount retail chain Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion ...
Dollar Tree is selling the brand to private equity firms Brigade Capital Management and Macellum Capital Management for approximately $1 billion, the Wall Street Journal reported.
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.
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. The acquisition by a ...
At the time, Dollar Tree also said a price cap of $10 was also on the table in the coming years. The same year, Dollar Tree said it was set to close about 600 Family Dollar Stores in the first ...
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 the discount chain for more than $8 billion.
The company expects an earnings hit of roughly $0.30 to $0.35 per share from the deal. But the Street largely seemed relieved that Dollar Tree was close to shedding Family Dollar.
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