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 뉴스

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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »