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Family Dollar is joining the ranks of retailers available on Uber Eats, as the discount chain prepares for a major transition in ownership and widespread store closures.
Family Dollar is being sold to Brigade Capital Management and Macellum Capital Management — two private equity firms.
It's been a rough few years for restaurants and retailers. Big chains like Big Lots, Best Buy, Red Lobster have shuttered locations in Florida.
Analysts cite a number of reasons for Family Dollar’s difficulties, including low-income shoppers who are wrestling with inflation, competition with other retailers, and issues including poorly ...
Months after Dollar Tree announced the sale of Family Dollar, the bargain store is now available on Uber Eats.
Dollar Tree said it has agreed to sell its Family Dollar division to a group of private equity firms in a deal valued at approximately $1 billion.
Dollar Tree said Wednesday that it has reached a deal to sell its long-struggling Family Dollar chain, 10 years after acquiring it.
The discount retail chain is selling the Family Dollar business for $1 billion, after buying it for $8.5 billion in 2015.
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.
These are tough times for America’s once all-powerful dollar stores and leadership changes at Dollar Tree and Family Dollar reflect the latter's recent struggles.
Big Lots, Family Dollar and Red Lobster already have or plan to shut down stores in Ohio in what has been a tough year for retailers and restaurants.