called the sale a “major milestone in our multiyear transformation journey.” Dollar Tree purchased Family Dollar in 2015 for about $9 billion, hoping the merger would help both stores reach ...

Dollar Tree is selling off its Family Dollar stores. Meanwhile, Dollar Tree is seeing increased demand among higher-income ...

Assuming its new owner will actually fix what's actually ailing it, a new-and-improved Family Dollar will rattle the rest of ...

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 (DLTR) stock jumped over 6% in pre-market trading following a Wall Street Journal report that the discount retailer is close to ...

Dollar Tree, which acquired Family Dollar in 2015 for about $9 billion, began considering a sale or spinoff of Family Dollar in June 2024 as a way to restructure the company amid a challenging ...

This big day comes after the retail company agreed to sell its deeply struggling Family Dollar segment for $1 billion. The company is losing billions on this sale after originally buying Family ...

Dollar Tree Inc.’s stock climbed 3.1% Wednesday after the discount retailer announced the sale of its Family Dollar business to private-equity investors Brigade Capital Management and Macellum ...

The deal is expected to close in 90 days with the Family Dollar business remaining headquartered in Chesapeake, Virginia. The sale to the consortium of private equity investors is a fraction of ...

Net pre-tax proceeds are estimated at $804 million, with potential tax benefits of $350 million from losses on the sale. The company noted that Family Dollar will continue to be headquartered in ...

About 1,000 combination Family Dollar-Dollar Tree stores will be sold in the deal. Dollar Tree reported net sales of $5 billion – excluding sales from Family Dollar stores – a 2% increase in ...