Dollar Tree sells Family Dollar for $1B

Quick Summary:

A sale to private equity comes 10 years after Dollar Tree acquired its rival for $8.5 billion, a decade when the business has mostly dragged down results.

But this announcement may nevertheless be unexpected, if only because many observers thought the chain would be difficult to unload.“We see this as an upside surprise, as most investors did not expect [Dollar Tree] to find a buyer given this underperforming business,” Wells Fargo analysts led by Edward Kelly said in a client note Wednesday.

Dollar Tree has floated the possibility of selling Family Dollar since June.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United States

Topics: Years Tree Techtarget Equity Registered Business Acquired Family Dollar Stores Plans

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 10:21:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 27355130

View Article Analysis

About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 21 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions