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Dollar Tree (DLTR 1.21%) bought competitor Family Dollar in 2015. Now, it's selling the chain to a pair of private equity firms at a steep loss. Weirdly, the sale could result in competitor Dollar ...

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Dollar Tree’s decade-long effort to fold the Family Dollar chain into its business is ending after agreeing to sell the bargain store chain to a pair of private equity firms for $1 billion.

Dollar Tree sells off Family Dollar chain for much less than it paid 10 years ago Published: Mar. 27, 2025, 5:50 a.m. FILE - A woman leaves a Dollar Tree store in Urbandale, Iowa, on Feb. 25, 2021.

Dollar Tree is calling it quits with Family Dollar and plans to close nearly 1,000 locations. Here’s what’s going down in the discount aisle.