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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 ...

People walk by a Family Dollar store in Brooklyn on March 26, 2025 in New York City. The discount retail chain Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion.

Dollar Tree is selling the brand to private equity firms Brigade Capital Management and Macellum Capital Management for approximately $1 billion, the Wall Street Journal reported.

Last March, Dollar Tree announced plans to close roughly 1,000 underperforming stores, and in June said it was launching a review of whether it should sell or spin off the Family Dollar brand.

Dollar Tree is ending its short-lived and ill-fated Family Dollar experiment, offloading the discount brand for $1 billion – just a fraction of its purchase price from a decade ago.

At the time, Dollar Tree also said a price cap of $10 was also on the table in the coming years. The same year, Dollar Tree said it was set to close about 600 Family Dollar Stores in the first ...

The company expects an earnings hit of roughly $0.30 to $0.35 per share from the deal. But the Street largely seemed relieved that Dollar Tree was close to shedding Family Dollar.

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. Neil ...