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Dollar Tree bought its rival in 2015 for $8.5 billion, believing the acquisition of Family Dollar would help it compete against larger companies. But by early 2024, more than 900 Family Dollar ...
Dollar Tree's same-store sales are up 1.8% from a year ago, beating the 1.38% expected, boosted by an increase in the average ticket and a 1.5% uptick in foot traffic. Its revenue of $7.56 billion ...
Family Dollar's parent company, Dollar Tree, is not sharing the locations of the closed stores, but Reuters was able to find and analyze 648 shuttered Family Dollars using the locator.
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]
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On May 29, 2024, Dollar Tree announced that they would be purchasing leases of up to 170 of closed 99 Cents Only locations across 4 states. The company will reopen the closed locations as Dollar Tree stores beginning in Fall 2024.
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Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a decade ago. Dollar Tree ...