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Dollar Tree

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Dollar Tree Completes Family Dollar Sale For $1B Amid Discount Chain's Struggles Dollar Tree Completes Family Dollar Sale For $1B Amid Discount Chain's Struggles
Dollar Tree Completes Family Dollar Sale For $1B Amid Discount Chain's Struggles Dollar Tree has finalized the sale of its struggling Family Dollar chain to two investment firms for a little more than $1 billion. Brigade Capital Management and Macellum Capital Management have completed their $1.007 billion cash purchase of Chesapeake, Virginia-based Family Dollar. The deal was first revealed in March and Dollar Tree announced the sale's completion in a news release on Tuesday, July 8. Dollar Tree said it expects to receive about $800 million after taxes and other adjustments, including $665 million paid at closing. "The completion of this transaction marks a defining m…

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by Chris Spiker
Business
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario'
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks plummeted on Wall Street and a wave of panic selling swept through global markets reacting to President Donald Trump's widespread "liberation day" tariffs. The tariff announcement sent stocks into their worst tailspin of 2025 so far and dragged the US dollar to a six-month low on Thursday, April 3. Trump unveiled the sweeping 10% tariffs on all imports and far steeper rates for key trade partners on Wednesday, April 2. By 11 a.m., the Dow Jones Industrial Average had plunged about 1,590 points, down 3.77%. The S&P 500 fell 4.35% – or about 247 points – while the Nasdaq …

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by Chris Spiker
Business
Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains
Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains Family Dollar is being sold for $1 billion — about one-ninth of what Dollar Tree paid for it a decade ago — as discount chains nationwide face fierce online competition and President Donald Trump's tariff threats. Dollar Tree will offload Family Dollar to Brigade Capital Management and Macellum Capital Management, the company said in a news release on Wednesday, Mar. 26. The deal follows a full review of strategic alternatives and is expected to close later this spring. Family Dollar will stay headquartered in Chesapeake, Virginia. The chain's current president Jason Nordin w…

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by Chris Spiker
News
Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says
Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says Despite a recall notice and multiple warnings from the Food and Drug Administration, Dollar Tree continued to sell applesauce pouches containing lead for weeks, federal officials say. The popular retail chain was issued a letter from the FDA this month regarding the WanaBana fruit puree pouches, distributed by Negasmart. "As described below, laboratory analysis of multiple lots of WanaBana Apple Cinnamon Fruit Puree pouches, including finished product samples collected from Dollar Tree stores, detected extremely high concentrations of lead," the letter reads.  "... you conti…

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by Cecilia Levine
Police & Fire
MD/PA Bank Robber Indicted In 2nd Robbery Spree Months After Release: USDOJ MD/PA Bank Robber Indicted In 2nd Robbery Spree Months After Release: USDOJ
MD/PA Bank Robber Indicted In 2nd Robbery Spree Months After Release: Usdoj A man who recently completed his sentence following a plea deal with the Federal Bureau of Investigation for six armed robberies  — was indicted on March 20 following a second robbery spree of five more businesses, Palmyra police announced on Monday, March 25, 2024.  Mark Shane Herrick, now 47, of Hanover, was first arrested by the FBI in 2009 for robbing the following businesses while armed with a tire iron or crowbar: June 6, 2008 - Fulton Bank, Harrisburg, PA. June 7, 2008 - M&T Bank, Harrisburg, PA. June 13, 2008 - PNC Bank, Lower Macungie, PA. June 16, 2008 - PNC Bank, H…

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by Jillian Pikora
Lifestyle
Clorox Recalling Pine-Sol Products That May Contain Bacteria That Could Cause An Infection Clorox Recalling Pine-Sol Products That May Contain Bacteria That Could Cause An Infection
Clorox Recalling Pine-Sol Products That May Contain Bacteria That Could Cause An Infection Consumers are being encouraged to check their cabinets for certain cleaning products after Clorox issued a recall of eight Pine-Sol brands that could contain potentially dangerous bacteria that could cause illness. The US Consumer Product Safety Commission (CPSC) announced a recall due to the possible presence of Pseudomonas aeruginosa, "an environmental organism found widely in soil and water. “People with weakened immune systems or external medical devices who are exposed to Pseudomonas aeruginosa face a risk of serious infection that may require medical treatment,’ according to CPSC. …

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by Zak Failla
News
Dollar Tree Replacing Former Pier 1 Imports Store In Northampton County: Report Dollar Tree Replacing Former Pier 1 Imports Store In Northampton County: Report
Dollar Tree Replacing Former Pier 1 Imports Store In Northampton County: Report A new Dollar Tree store is replacing a former Pier 1 Imports location in Northampton County, LehighValleyLive reports. The store is opening at the former Bethlehem Township location on Birkland Place in Southmont Plaza, which has been vacant since late 2020, the outlet reports. An opening date has not yet been announced. Meanwhile, the brand’s massive new store in Parsippany is set to open on Feb. 17, a representative told DailyVoice.com. Click here for the full report from LehighValley.com.

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by Valerie Musson
News
PD ID Store Employee Who Shot Customer At Harrisburg Area Dollar Tree PD ID Store Employee Who Shot Customer At Harrisburg Area Dollar Tree
PD ID Store Employee Who Shot Customer At Harrisburg Area Dollar Tree A Dollar Tree employee has been charged after shooting a customer at the Swatara Township location on Tuesday. Police have charged Mykel Eugene George, 21 of Harrisburg, in connection with the shooting in the 3200 block of Paxton Street just before 8:30 p.m., say Swatara Township police. George had an argument with the customer and followed the victim out of the store-- shooting them one time. The victim remains in the hospital, recovering. George is charged with the following: F1 Aggravated Assault - Attempts to cause serious bodily injury or causes injury with extreme indifference M2 …

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by Jillian Pikora
News
Person Shot At Dollar Tree In Harrisburg, Say Police Person Shot At Dollar Tree In Harrisburg, Say Police
Person Shot At Dollar Tree In Harrisburg, Say Police A person was shot at a Harrisburg area Dollar Tree on Tuesday night, say police. Swatara Township police were called to a reported shooting at the store located at 3243 Paxton Street at around 8:19 p.m. The victim was transported to a local hospital by a civilian. An initial investigation found that the shooting followed a verbal altercation between a store employee and the victim. All parties involved in this shooting have been identified and interviewed. Police believe there is no further danger to the public as a result of this incident. An investigation into this shooting is…

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by Jillian Pikora