Sign In
Free Newsletter
Dollar Tree plans to sell Family Dollar to private equity firms for $1B
Chesapeake-based Fortune 500 discount retailer Dollar Tree has reached a deal with Brigade Capital Management, a New York-based global asset management firm, and Macellum Capital Management, an investment firm with headquarters also in New York, to acquire its Family Dollar brand for about $1 billion after a decade of trying to make its acquisition of […]
Former Tyson Foods executive to become Dollar Tree CFO
Chesapeake-based Fortune 500 discount retailer Dollar Tree announced Wednesday that former Tyson Foods executive Stewart Glendinning will become the company’s next chief financial officer, effective March 30. Glendinning joined the company earlier this year in a senior role focused on transformation initiatives, including key areas within the company’s finance organization. He is succe[...]
Dollar Tree adds three new board members
Chesapeake-based Fortune 500 discount retailer Dollar Tree announced Friday that it has appointed three new members to its board of directors. The new board members include William “Bill” W. Douglas III, Timothy “Tim” Johnson and Dollar Tree CEO Michael C. Creedon Jr. “Bill and Tim are both esteemed financial leaders with a strong understanding of […]
Dollar Tree considers selling or spinning off Family Dollar
Chesapeake-based Fortune 500 discount retailer Dollar Tree is considering selling or spinning off its Family Dollar brand, which it acquired in 2015 for $8.5 billion. “Dollar Tree has been on a multiyear journey to help the company fully achieve its potential,” CEO and Chairman Rick Dreiling said in a statement Wednesday. “Last year, we announced […]
