Dollar Tree exploring sale of Family Dollar stores: ‘Chain needs a lot of work'
DLTRDollar Tree(DLTR) New York Post·2024-06-05 23:45

Dollar Tree said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to restructure business amid still-high inflation that continues to strain consumer spending. The retailer, like its peer Dollar General, has been grappling with weak discretionary demand as shoppers focus more on less-profitable consumables. It is facing stiff competition from rivals Walmart, Target and Chinese e-commerce platform Temu, which are also offering lower-priced ...