Dollar Tree exploring sale of Family Dollar chain

Dollar Tree exploring sale of Family Dollar chain

Bargain retail outlet Dollar Tree is looking into a sale of Family Dollar, a chain it acquired in 2015. 

Dollar Tree has recruited the help of financial advisers to conduct a strategic review of its fellow retail chain that includes a possible sale. It comes after the two chains suffered an underwhelming quarter during the Easter season, with Dollar Tree sales rising 1.7% and Family Dollar sales going up by just 0.1%.

The retailer has clarified that it has no time frame for this sale to take place and that it is possible the sale will not occur.

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Dollar Tree purchased Family Dollar almost 10 years ago for $8.5 billion. However, the purchase has failed to be a success, bringing Dollar Tree’s sales to a

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