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Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 when its headquarters operations were moved from Matthews, a suburb of Charlotte, North Carolina, to Chesapeake, Virginia, located in South Hampton Roads.
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Dollar Tree stores in the U.S., as of December 2020 [3]. Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores.Headquartered in Chesapeake, Virginia, it is a Fortune 500 (sometimes referred to as Fortune 200) company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. [2]
Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what has turned out to be a disastrous merger. Family Dollar is up ...
On August 18, 2014, Dollar General lodged a competing bid of $9.7 billion against Dollar Tree for Family Dollar. The bid was rejected on August 20, 2014, by the Family Dollar board, which said it would proceed with the deal with Dollar Tree. [35] On June 3, 2015, Chief Operating Officer Todd Vasos replaced Rick Dreiling as chief executive.
On March 13, parent company, Dollar Tree, announced in a press release it plans to shutter nearly 1,000 Family Dollar stores after seeing declining sales in 2023.
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