Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion.

Dollar Tree announced on Wednesday it was selling Family Dollar to a group of private-equity investors in a $1 billion deal.

Dollar Tree Inc. acquired Family Dollar for more than $8 billion in 2015 after a bidding war with rival Dollar General. Neil Saunders, managing director of GlobalData, said that after acquiring ...

Family Dollar is being sold to Brigade Capital Management and Macellum Capital Management — two private equity firms.

Saunders’ great-grandfather, F. Nephi Grigg, founded Ore-Ida along with his brother Golden T. Grigg in 1952. The brothers ...

After struggling with supply chain issues, poor locations and other difficulties, Family Dollar is being sold to two private ...

Neil Saunders, a retail analyst and managing director of GlobalData, said that Dollar Tree, after its acquisition of Family Dollar, struggled with supply chain issues and poor store locations.

Dollar Tree Inc. acquired Family Dollar for more than $8 billion in 2015 after a bidding war with rival Dollar General. Neil Saunders, managing director of GlobalData, said that after acquiring ...