Q4 2024 Management View CEO Michael Creedon announced the sale of the Family Dollar business to Brigade-Macellum for over $1 billion. The deal, which includes $800 million in cash proceeds, is ...

Weirdly, the sale could result in competitor Dollar General (NYSE: DG), still a standalone business, being the big winner ...

The retailer last year said it would close almost 1,000 Family Dollar stores, before launching a strategic review into the business. Brigade Capital Management and Macellum Capital Management have ...

The decision to sell Family Dollar comes as part of Dollar Tree’s strategic efforts to streamline ... a comprehensive review of its Family Dollar business. Despite their similar names and ...

including reviewing strategic alternatives for the Family Dollar business. A cyclist rides past a Family Dollar store in the Humboldt Park neighborhood of Chicago on Aug. 2, 2022. The company has ...

Dollar Tree’s decade-long effort to fold the Family Dollar chain into its business is ending after ... and transactions that advance our growth strategy," Creedon said in a statement.

and a pricing strategy that wasn't as sharp as other brands. Removing the weight of Family Dollar has already lifted Dollar Tree's financials, which the company reported Wednesday. "With the ...

Dollar Tree reached an agreement to sell its Family Dollar business to Brigade Capital ... “We look forward to executing the strategic plan we have developed together.” ...

The revenue and adjusted EPS data includes the discontinued operations of Family Dollar ... bringing the strategic review to a favorable conclusion, and setting Dollar Tree on a path to realize ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The bigger news is that a strategic review of Family Dollar has been completed, with the business sold for a mere $1.01 billion to Brigade Capital Management and Macellum Capital Management ...

However, Dollar Tree has struggled to integrate Family Dollar and started a strategic review of the business last June. Back To Top ...