{"id":54743,"date":"2025-03-27T16:56:09","date_gmt":"2025-03-27T20:56:09","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=54743"},"modified":"2025-03-27T16:56:29","modified_gmt":"2025-03-27T20:56:29","slug":"dollar-tree-to-sell-family-dollar-for-1b","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2025\/03\/27\/dollar-tree-to-sell-family-dollar-for-1b\/","title":{"rendered":"Dollar Tree to sell Family Dollar for $1B"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Dollar Tree is selling its Family Dollar stores to a group of private-equity investors for about $1 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bridge Capital Management and Macellum Capital Management are the buyers of the\u00a0discount store chain.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-recalc-dims=\"1\" data-dominant-color=\"878175\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"275\" height=\"183\" sizes=\"auto, (max-width: 1110px) 100vw, 1110px\" src=\"https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2025\/03\/images-7.webp?resize=275%2C183&#038;ssl=1\" alt=\"\" class=\"wp-image-54744 not-transparent\" style=\"--dominant-color: #878175; width:464px;height:auto\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Family Dollar is frequently located in urban areas and sells items such as groceries, cleaning products and other products at a variety of prices. Dollar Tree, on the other hand, sells mostly party supplies, knickknacks and crafts in suburban areas. That store had products priced at a dollar for most of its existence, but&nbsp;in 2021, it raised the prices&nbsp;of items to $1.25 to $1.50 and sometimes higher.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is a major milestone in our multi-year transformation journey to help us fully achieve our potential,\u201d&nbsp;<a href=\"https:\/\/apnews.com\/article\/dollar-tree-family-dollar-brigade-macellum-dfbeef22b260851cc1f95b6db9e93618\" target=\"_blank\" rel=\"noreferrer noopener\">CEO Mike Creedon said&nbsp;<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Family Dollar&nbsp;will keep its headquarters in Chesapeake, Virginia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are&nbsp;<a href=\"https:\/\/locations.familydollar.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">7,613 Family Dollar&nbsp;<\/a>stores in the U.S.&nbsp;<a href=\"https:\/\/corporate.dollartree.com\/about\/our-brands\/dollar-tree\" target=\"_blank\" rel=\"noreferrer noopener\">Dollar Tree&nbsp;<\/a>has more than 8,000 locations in the U.S. and Canada.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company also has&nbsp;<a href=\"https:\/\/corporate.dollartree.com\/about\/our-brands\/dollar-tree\" target=\"_blank\" rel=\"noreferrer noopener\">1,200 \u201ccombo\u201d stores&nbsp;<\/a>that are both Family Dollar and Dollar Tree locations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dollar Tree is selling its Family Dollar stores to a group of private-equity investors for about $1 billion. Bridge Capital Management and Macellum Capital Management are the buyers of the\u00a0discount&hellip; <\/p>\n","protected":false},"author":2,"featured_media":54744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"17","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":true,"token":"eyJpbWciOiJodHRwczpcL1wvaTAud3AuY29tXC9sYWtlbGFuZGdhemV0dGUuaW5mb1wvbmV3c1wvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNVwvMDNcL2ltYWdlcy03LndlYnA_Zml0PTI3NSUyQzE4MyZzc2w9MSIsInR4dCI6IkRvbGxhciBUcmVlIHRvIHNlbGwgRmFtaWx5IERvbGxhciBmb3IgJDFCIiwidGVtcGxhdGUiOiJoaWdod2F5IiwiYmxvZ19pZCI6MTYzMDQwNjYxfQ.P9eNv3z0M-Y2XuP3Ruhv_G8GlUOLcy8N6onK0KmiA1cMQ"},"version":2,"attached_media":[{"id":54744,"url":"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2025\/03\/images-7.webp","type":"image\/jpeg"}]},"_wpas_customize_per_network":false},"categories":[17],"tags":[11161],"class_list":["post-54743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regional-and-world-news","tag-dollar-tree-to-sell-family-dollar-for-1b"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/54743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=54743"}],"version-history":[{"count":1,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/54743\/revisions"}],"predecessor-version":[{"id":54745,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/54743\/revisions\/54745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/54744"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=54743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=54743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=54743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}