Dollar tree sells family dollars for $ 1 billion

The company that sells a dollar tree to two private capital, which has more than $ 1 billion, announced the company years later with the operation of the family dollar years later.

Disclosure, management of private capital companies in the brigade capital and the management of makells. In the announcement, CEO Michael Creedon, CEO Michael Creedon, called “a major stage on the trip.”

The dollar tree has been taken in 2015 for $ 9 billion for $ 9 billion, and hopes that the combination will help both stores reach more customers. However, the Family Dollar struggled to manage the brand effectively. About about about 1,000 family dollars of the dollar tree nearly about 8,000 of the dollar of the dollar about a year ago, he said.

The dollar tree announced in June He examined his plans to sell family dollarsBenefits of the federal government, referring to inflation, theft and the end of the pandemic period.

Family dollar stores are mainly in urban areas and serve low-income traders in the most severe inflation. The dollar owns more to the store and relatively higher incomes in suburban areas.

The dollar tree, on Wednesday, said the potential of the potential, including the latest quarterly gains, potentials “tariffs or other measures that cause obstacles or restrictions. The company also warned that the tariffs could affect the prices and inventory in December.

Other US retailers also struggled recently. Walgreens said that plans to close about 1200 stores over the next three years. Party Supplier Party Party City, announced in late last year Would close all stores. And last week, the operator of the Eternal 21 in the United States are presented for bankruptcy Stores fight to compete with online retailers.