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Dollar General has just announced that over the summer, it is reducing prices in more than 1,000 of its stores nationwide.

Family Dollar has been dealing with some hard times, but they are making moves to help boost their model going forward. In 2015, Dollar Tree bought Family Dollar for $9 billion.

Not long ago, discount "dollar stores" were booming. No longer: Dollar Tree last week announced the sale of Family Dollar for a mere $1 billion.

Dollar Tree is selling Family Dollar to private equity firms Brigade Capital Management and Macellum Capital Management for approximately $1 billion.

Store closings: 27 Kohl's stores are set to close Saturday.See list of the closures in 15 states Dollar Tree adding, upgrading stores. Dollar Tree, which has 2,900 Dollar Tree stores after opening ...

Dollar Tree Inc. acquired Family Dollar for more than $8 billion in 2015. Skip to content. All Sections. Subscribe Now. 79°F. Tuesday, June 24th 2025 E-Edition. Home Page. News. News; ...

Dollar Tree is selling its Family Dollar business to private equity firms for about $1 billion, a fraction of its 2015 acquisition cost, as the brand struggled to drive traffic.

Dollar Tree DLTR acquired Family Dollar in 2015 following a bidding war with rival Dollar General Corp. DG, spending about $8.5 billion in cash and stock to purchase the discount chain.

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 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.

Family Dollar will keep its headquarters in Chesapeake, Virginia. There are 7,613 Family Dollar stores in the U.S. Dollar Tree has more than 8,000 locations in the U.S. and Canada.