Dollar Tree to explore sale of its struggling Family Dollar business

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 26 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 92%

Dollar ニュース

Retailer,Business,Demand

Dollar Tree is looking to restructure its business amid stiff competition and strained consumer spending

said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as the retailer looks to restructure its business amid stiff competition and strained consumer spending.

Family Dollar, which Dollar Tree bought for $8.5-billion in 2015, has been the main underperformer for the company. The Family Dollar banner operates 8,359 stores and 10 distribution centers, as of Feb. 3. Overall, Dollar Tree operates more than 16,000 stores. The retailer has also seen sales take a hit from reduced customer spending on more profitable products like electronics and furnishings since 2022. In an attempt to revive demand, it has also introduced products at price points such as $3 and $5.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Dollar Tree Q1 earnings: What to expectDollar Tree (DLTR) is gearing up to release its first quarter earnings report on Wednesday, as the company undergoes a strategic turnaround plan. Yahoo...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »