Why consumers don't feel confident about the economy right now 02:31. Dollar Tree on Wednesday said it is selling Family Dollar for $1 billion to a pair of private equity firms, a decade after it ...

Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decade.

Dollar Tree purchased Family Dollar in 2015 for about $9 billion, hoping the merger would help both stores reach more customers. But it struggled to effectively manage 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.

Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decade.

Reuters. FILE PHOTO: A Family Dollar logo is pictured on a building in Buffalo, New York April 14, 2016. REUTERS/Carlo Allegri/File Photo ...

Dollar Tree purchased Family Dollar 10 years ago for more than $8 billion. After struggling with supply chain issues, poor locations and other difficulties, Family Dollar is being sold to two ...

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 ...

A Family Dollar logo is pictured on a building in Buffalo, New York April 14, 2016. REUTERS/Carlo Allegri/File Photo Purchase Licensing Rights, opens new tab ...

FILE PHOTO: A Family Dollar logo is pictured on a building in Buffalo, New York. Abigail Summerville . Thu, Feb 20, 2025, 10:36 AM 2 min read. In This Article: DLTR . APO-PA . By Abigail Summerville.