Dollar Tree is selling its Family Dollar business as it struggled to drive traffic. The company is selling the brand to private equity firms to the tune of $1 billion.

Dollar Tree will sell its ailing Family Dollar business for a fraction of its acquisition cost almost 10 years ago.

SUFFOLK, Va. (WAVY) — A company that has grappled with significant financial loss, changes of leadership, layoffs and store closures is now looking to make a comeback. Dollar Tree announced a ...

Dollar Tree, Inc. DLTR has reported disappointing fourth-quarter fiscal 2024 results, with both earnings and sales missing the Zacks Consensus Estimate and declining year over year. The weaker ...

Dollar Tree's losses widened in the fourth quarter but ... About Dow Jones Newswires Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers ...

Family Dollar is being sold to Brigade Capital Management and Macellum Capital Management — two private equity firms.

Net pre-tax proceeds are estimated at $804 million, with potential tax benefits of $350 million from losses on the ... discontinued operations in Dollar Tree’s financial statements.

US stocks end sharply lower. Dow loses 1700 points. S&P 500 and Nasdaq have worst day since 2020 on worries Trump has sparked ...

Dollar Tree's sale of the Family Dollar banner to Brigade Capital and Macellum Capital will result in $804 million in net ...

“Private equity has a habit of playing financial games with retailers ... store closures “to get rid of loss-making shops,” but noted that Dollar Tree has already closed several “badly ...

The company has been contending with back-to-back quarters of losses as demand ... Wardwell LLP are advising Dollar Tree, while Jefferies LLC is the lead financial adviser to Brigade and Macellum.

U.S. equities traded lower at midday after briefly recovering from earlier losses caused by new tariffs on imported vehicles and parts.