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Dollar Tree

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…
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 …
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…
Suspect In Custody For Dollar Tree Sexual Assault In Philly: Police (UPDATED) Suspect In Custody For Dollar Tree Sexual Assault In Philly: Police (UPDATED)
Suspect In Custody For Dollar Tree Sexual Assault In Philly: Police (Updated) A suspect surrendered to police in connection with a sexual assault in Philadelphia last month, authorities say. Gary A. Miles, 35, is charged with indecent assault, indecent exposure, open lewdness, and harassment, said city police on Thursday morning, July 11.  A woman was attacked at the 56 E. Snyder Avenue Dollar Tree on June 23, PPD said previously. Store employees told police the suspect frequented Snyder Pizza and the nearby I-95 underpass, where he may park a vehicle, authorities said.  "Additional updates, including charges and a mugshot, will be provided once charg…
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…
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…
Harrowing Details Emerge In Bucks County Rampage That Left 3 Dead Harrowing Details Emerge In Bucks County Rampage That Left 3 Dead
Harrowing Details Emerge In Bucks County Rampage That Left 3 Dead Prosecutors are shedding new light on the Saturday, March 16 incident that left three Pennsylvanians dead and one New Jersey man in police custody.  Andre Gordon Jr. was arrested in Trenton on Saturday after an hours-long manhunt, Daily Voice reported. The incident began just before 9 a.m. when he arrived at his father and stepmother's 45 Viewpoint Lane home in Falls Township, according to the criminal complaint from the Bucks County District Attorney's Office.  Investigators said Andre Gordon Sr. answered the door and "confronted" his son before going inside to get dressed.…
Employee Pepper Sprayed During Dollar Store Robbery In Philly, Police Say Employee Pepper Sprayed During Dollar Store Robbery In Philly, Police Say
Employee Pepper Sprayed During Dollar Store Robbery In Philly, Police Say Police in Philadelphia say a group of young people maced a dollar store worker during a robbery on Monday afternoon, Sept. 25.  It happened at a Dollar Tree in Port Richmond, authorities said. Five teens, including two boys and three girls, were also said to be armed with a bat.  Police said they made off with candy and drinks.  The robbery remains under investigation, PPD added. 
NJ Drummer Found Dead In Kutztown Dumpster Had Crawled In After Party: DA NJ Drummer Found Dead In Kutztown Dumpster Had Crawled In After Party: DA
NJ Drummer Found Dead In Kutztown Dumpster Had Crawled In After Party: DA A New Jersey drummer found dead at a Berks County dump on Saturday, Nov. 12 had crawled into a dumpster the night before, according to officials and those who knew him.  Kellen J. Bischoff, 19, of Manahawkin, NJ, was found dead at the Total Recycling Facility on Lincoln Road in Birdsboro just after 8:30 a.m., said District Attorney John T. Adams in a release Monday, Nov. 14.  Investigators were able to identify Bischoff by his "unique" tattoos, and eventually learned that he was visiting a family member in Kutztown, the DA said.  Loved ones had last seen the teen i…
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. …
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.