Dollar Tree (DLTR) to Review Strategic Alternatives for Family Dollar

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Dollar Tree Announces Review of Strategic Alternatives for Family Dollar Business

June 5, 2024 6:30 AM EDT

CHESAPEAKE, Va.--(BUSINESS WIRE)-- Dollar Tree, Inc. (NASDAQ: DLTR) today announced that the Company has initiated a formal review of strategic alternatives of the Companys 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 Chief Executive Officer, Dollar Tree, Inc. Last year, we announced a comprehensive review of the Family Dollar portfolio, including the planned closure of approximately 970... More