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 ...

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

Family Dollar, the struggling discount chain that caters to low-income customers predominantly in cities, said Wednesday it will close nearly 1,000 stores.

Family Dollar has lost ground in the dollar store race for years. Now, the discount chain hopes lowering prices will help win back customers on tight budgets. Its main competition is the much ...

Dollar Tree, which bought Family Dollar for $8.5 billion in 2015, will also be closing 30 stores as leases expire.

Dollar Tree said the divestiture will allow it to refocus on its core brand. “Since 1959, Family Dollar has served its customers by offering convenient, high-quality products at a great value ...

As of Feb. 1, Dollar Tree operated 16,500 stores across 48 U.S. states and five Canadian provinces, including stores under the Dollar Tree, Family Dollar and Dollar Tree Canada brands. Uber Eats ...

According to Family Dollar, the items were inadvertently shipped to certain stores on or around Jun 1, 2023 through Sept. 21, 2023, and were sold at stores between June 1, 2023 and Oct. 4, 2023.