Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms. By Claire Moses Dollar Tree is selling the Family Dollar ...

Dollar Tree said Wednesday that it is considering "a potential sale, spin off or other disposition" of its Family Dollar chain of stores. The announcement came just hours before the Virginia-based ...

Dollar Tree has set plans to close about 1,000 of its stores nationwide over the next several years. The discount retailer made the announcement in its 2023 fourth-quarter financial report, revealing ...

Family Dollar, the struggling discount chain that caters to low-income customers predominantly in cities, said Wednesday it will close nearly 1,000 stores. Years of mismanagement and poor conditions ...

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 plans ...

Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies – and lets Dollar Tree focus on growth. Private equity firms Brigade ...

Dollar Tree is selling Family Dollar for drastically less than it paid to buy it. The pace of Family Dollar store closures could increase once the chain is sold to its private equity acquirers. Rival ...