Dollar Trees buys Family Dollar chain with 60 total current Iowa stores
July 28th, 2014 by Ric Hanson
Iowans who like to shop at stores where everything’s a dollar may soon see some changes. The Dollar Tree chain is buying rival Family Dollar for eight-and-a-half BILLION dollars. There are about 40 Dollar Trees in Iowa and around 20 Family Dollars. While the items at Dollar Tree all cost a buck or less, the Family Dollar stocks some items up to five-dollars, and higher.
The new Dollar Tree chain will become North America’s biggest discount retailer. Specifics on which stores will remain open haven’t been released.
(Radio Iowa)