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Family Dollar is a variety store chain ... Dollar Tree (DLTR) announced in June last year that it was exploring strategic options for the business. In February, Reuters reported that private ...
--(BUSINESS WIRE)--Dollar Tree ... that advance our growth strategy.” Mr. Creedon continued, “Under the experienced, dynamic leadership of Family Dollar President Jason Nordin, and with ...
Family Dollar stores were in worse condition than Dollar Tree management expected, and early strategies to improve ... “underperforming” Family Dollar business, and Family Dollar announced ...
The company has announced an agreement to divest its Family Dollar business to private equity firms Brigade Capital Management and Macellum Capital Management for $1 billion, a strategic move ...
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 ...
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 ...
Amid increasing competition and financial constraints, the deep discount store said the sale would let it concentrate on its main business ... the decision to exit Family Dollar.
including reviewing strategic alternatives for the Family Dollar business. The company has been contending with back-to-back quarters of losses as demand waned. While the stores benefited as ...
“We will continue to grow and optimize our Dollar Tree business to maximize ... that advance our growth strategy," Creedon said in a press release announcing the Family Dollar sale.
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