Dollar Tree sold Family Dollar at a massive discount for just $1 billion. Just a decade ago, it was worth $9 billion

Quick Summary:

When Dollar Tree bought Family Dollar in 2015, it outbid rival Dollar General in hopes of cementing its status as the king of budget retailers.

This report was written by Matty Merritt and was originally published by Morning Brew.

In 2021, the chain increased prices to $1.25 saying it would allow stores to offer a wider range of products.

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Article Details

Author / Journalist: Morning Brew

Category: EconomyBusiness

Markets: United States

Topics: Family Dollar Dollar Tree Discount retailers Morning Brew

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 00:19:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 246 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 41 words per sentence (average)

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

Copyright Owner: © Fortune

News ID: 27377627

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Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 9 hours ago

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