Dollar Tree announced Wednesday that it will sell off the Family Dollar chain a decade after acquiring those stores. The bargain retail chain announced that Brigade Capital Management and Macellum ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Dollar Tree outbid its competitor Dollar General to acquire the Family Dollar discount chain for $8.5 billion in 2015. But Dollar Tree has since struggled to distinguish Family Dollar from rivals ...

Dollar Tree’s decade-long effort to fold the Family Dollar chain into its business is ending after agreeing to sell the bargain store chain to a pair of private equity firms for $1 billion.

Dollar Tree says it has reached a deal to sell its long-struggling Family Dollar chain. The $1 billion sale comes a decade after the company bought the former rival. For most of that time ...

Dollar Tree's decade-long effort to fold the Family Dollar chain into its business is ending after agreeing to sell the bargain store chain to a pair of private equity firms for $1 billion.

Dollar Tree’s decade-long effort to fold the Family Dollar chain into its business is ending after agreeing to sell the bargain store chain to a pair of private equity firms for $1 billion.

after the retailer said it will sell its Family Dollar chain for roughly $1 billion to two private-equity firms. The deal was earlier reported by The Wall Street Journal. Go deeper: Dollar Tree to ...

The Family Dollar chain struggled with sales of higher-margin discretionary items such as home decor and apparel, as consumers pared back spending due to inflation. Shares of Dollar Tree jumped as ...