Dollar Tree Considers Selling Family Dollar Amid Financial Struggles

The discount retailer explores strategic alternatives for its underperforming Family Dollar chain, including a potential sale or spinoff.

Dollar Tree acquired Family Dollar in 2015 for $8.5 billion but has faced ongoing challenges integrating the brand.
The company plans to close nearly 1,000 Family Dollar stores due to poor performance and high operational costs.
Family Dollar's sales lag behind Dollar Tree's, with only a 0.1% increase in the latest quarter compared to Dollar Tree's 1.7%.
Dollar Tree's overall financial performance has been impacted by inflation, competition, and the loss of a distribution center to a tornado.
The company has not set a definitive timetable for the review and is working with financial and legal advisers.