Dollar Tree Inc

Dollar Tree Is Selling Family Dollar for $1 Billion

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

Discount Selling Dollar Tree Inc Family Dollar Stores Inc Fines (Penalties) Food Contamination and Poisoning Justice Department Mergers, Acquisitions and Divestitures Shopping and Retail Shutdowns (Institutional) United States

Dollar Tree Explores Sale of Family Dollar

Family Dollar has struggled with its operations in recent years, and Dollar Tree said in March that it would close nearly 1,000 of the stores.

By Amanda Holpuch

Discount Selling Dollar Tree Inc Family Dollar Stores Inc Real Estate (Commercial) Shopping and Retail Shutdowns (Institutional)

Family Dollar to Close Nearly 1,000 Stores

The chain has struggled for years. Its parent company, Dollar Tree, cited inflation, theft and reduced government benefits as challenges that had prompted the closings.

By J. Edward Moreno

Cinnamon (Spice) Dollar Tree Inc Ecuador Food and Drug Administration Food Contamination and Poisoning Lead Recalls and Bans of Products United States

FDA Urges Recall of Lead-Tainted Cinnamon Brands

The agency tested 75 types of cinnamon after hundreds of children were poisoned by the spice in applesauce. It found some lead in cinnamon brands sold at some dollar stores and other markets.

By Christina Jewett