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- CHESAPEAKE, Va. & MATTHEWS, N.C.-- (BUSINESS WIRE)-- Dollar Tree, Inc. (NASDAQ:DLTR), the nation's leading operator of discount variety stores selling everything for $1 or less, and Family Dollar Stores, Inc. (NYSE:FDO), a leading national discount retailer offering name brands and quality, private brand merchandise, today announced that they have entered into a definitive merger agreement under which Dollar Tree will acquire Family Dollar in a cash and stock transaction.
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In 1979, Family Dollar stock began trading at the New York Stock Exchange. In 1981, the chain's 400th store was opened, followed by a 500th store in 1982 and a 700th in 1983. The 1980s saw expansion at a wider scale for the company, and by 1989, 1,500 stores were operating.
- Nicholas Rossolillo
- Dollar General. Dollar General is the largest dollar store operator both in terms of annual sales (more than $34 billion in 2021) and total store count (some 18,000 locations in 46 states).
- Dollar Tree. Dollar Tree and its subsidiary Family Dollar (which it acquired in 2015) is the second-largest dollar store chain. It had some 16,000 locations and more than $26 billion in sales in 2021.
- Five Below. Founded in 2002, Five Below is a relative newcomer in the retail industry, but it has been a high-growth story since its initial public offering (IPO) in 2012.
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Company profile page for Family Dollar Stores LLC including stock price, company news, executives, board members, and contact information.
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Jul 15, 2002 · Latest news: Family Dollar Stores, Inc. Dollar General : FTC approves Dollar Tree's takeover of Family Dollar. 15-07-02. RE. Dollar Tree : to sell 330 Family Dollar stores to Sycamore Partners. 15-05-29.
- FAMILY DOLLAR STORES, INC.
Aug 3, 2024 · Delivering Value for Customers and Shareholders. Dollar Tree, Inc., ranked 137 on the Fortune 500 list, is a leading operator of discount variety stores that have served North America for more than 63 years. Operating under the brands Dollar Tree and Family Dollar, we are headquartered in Chesapeake, Virginia and operate more than 16,000 stores ...
Market value ($M): $9,069. Number of employees: 47,500. CEO: Howard R. Levine. Industry: General Merchandisers. Sector: Retailing. HQ Location: Matthews, NC. Website: https://www.familydollar.com...
