Dollar Tree selling Family Dollar

03/26/2025 10:26 AM

Dollar Tree is ending its short-lived and ill-fated Family Dollar experiment, offloading the discount brand for $1 billion — just a fraction of its purchase price from a decade ago.

Family Dollar will be sold to private equity groups Brigade Capital Management and Macellum Capital Management, pending regulatory approval that is expected to clear next quarter. Dollar Tree bought Family dollar in 2015 for $9 billion.

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Family Dollar has around 8,000 US stores, catering to low-income customers predominantly in cities with prices typically ranging from $1 to $10. The chain has struggled in recent years. Last year, Family Dollar announced plans to close more than 900 stores and was put up for sale.

— CNN —

No idea on what, if any, impact there would be on the Legacy Motor Club sponsorship.