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

The retail company sold the business segment to Brigade and Macellum, two capital management companies for $1 billion.

Dollar Tree has finalized the sale of its struggling Family Dollar chain to two investment firms for a little more than $1 billion. Brigade Capital Management and Macellum Capital Management have ...

Family Dollar, the struggling discount chain that caters to low-income customers, will close about 1,000 stores. Dollar Tree, which owns Family Dollar, also said it will close 30 stores.

Net sales at Family Dollar, Dollar Tree in most recent quarter. Consolidated net sales increased 11.9% to $8.63 billion, the company said, but the operating loss was $1.89 billion.

Dollar Tree announced it will close nearly 1,000 of its Family Dollar stores after the stores experienced a significant underperformance in 2023, according to the press release by the company ...

Last year, Family Dollar announced plans to close more than 900 stores.Dollar Tree CEO Rick Dreiling said in a statement that the “unique needs” of the two different chains led the company to ...

Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what has turned out to be a disastrous merger.Family Dollar has ...

Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what has turned out to be a disastrous merger.Family Dollar has ...

Family Dollar has around 8,000 U.S. stores. Family Dollar has around 8,000 U.S. stores. Skip to content. NOWCAST KCRA 3 News at 7am. ... Dollar Tree is exploring a sale of Family Dollar.

Dollar Tree, which owns Family Dollar, also said it will close 30 stores as leases expire. Years of mismanagement and poor conditions in stores have hurt Family Dollar’s brand.