Dollar Tree is exploring a sale of Family Dollar
CNN
Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what turned out to be a disastrous merger.
Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what has turned out to be a disastrous merger. Family Dollar caters to low-income customers predominantly in cities and has struggled in recent years. Last year, it announced plans to close 900 stores. This is a developing story and will be updated.
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