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The Associated Press - Business News on MSN15d
Dollar Tree giving up on Family Dollar after 10 years
Dollar Tree Inc. bought Family Dollar with its over 7,000 stores ten years ago for more than $8 billion. Neil Saunders, managing director of GlobalData, said that Dollar Tree struggled with supply ...
Dollar Tree says ... hampered by supply chain issues, challenging store locations, and a pricing strategy that wasn't as sharp as other brands. Removing the weight of Family Dollar has already ...
a proposition that isn't value-centric enough and a host of other operational problems." He added, "Basically, Dollar Tree bit off far more than it could chew." Dollar Tree had for months been ...
after its acquisition of Family Dollar, struggled with supply chain issues and poor store locations. The firm has roughly 8,000 U.S stores and offers goods in the $1 to $10 price range for a ...
Saunders said Brigade and Macellum with have several issues to fix at Family Dollar, including pricing that isn’t as sharp as many of its rivals and a customer base that isn’t as loyal.
Dollar Tree purchased Family Dollar 10 years ago for more than $8 billion. After struggling with supply chain issues, poor locations and other difficulties, Family Dollar is being sold to two ...
“My sense is that the Family Dollar integration has become too much of a drag on their management's time, and they figure that taking their losses now is probably the best thing to do,” Vitner sai ...