The discount retailer sold the banner to private equity firms more than a decade after acquiring it for about $8.5 billion.

Dollar Tree is selling Family Dollar to two private equity firms after the discount chain failed to gain traction with shoppers.

Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.

Dollar Tree said it has agreed to sell its Family Dollar division to a group of private equity firms in a deal valued at approximately $1 billion.

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Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.

Analysts cite a number of reasons for Family Dollar’s difficulties, including low-income shoppers who are wrestling with inflation, competition with other retailers, and issues including poorly ...

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 is selling Family Dollar to a pair of private equity firms for $1 billion. Dollar Tree Inc. acquired Family Dollar for more than $8 billion in 2015.

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 is selling Family Dollar to a pair of private equity firms for $1 billion after unsuccessfully trying to incorporate the bargain chain for a decade.