Dollar Tree looks into selling, spinning off Family Dollar
Dollar Tree looks into selling, spinning off Family Dollar
Dollar Tree Inc. has initiated a formal review of strategic alternatives of the company’s Family Dollar business segment, which could include among others, a potential sale, spin off or other disposition of the business.
“Dollar Tree has been on a multi-year journey to help the company fully achieve its potential,” said Rick Dreiling, chairman and CEO of Dollar Tree Inc. “Last year, we announced a comprehensive review of the Family Dollar portfolio, including the planned closure of approximately 970 underperforming Family Dollar stores to focus on enhanced investments in remaining Family