The past few years have held a series of difficulties for Family Dollar, which characterizes its brand as a collection of “neighborhood discount stores.”
In 2015, Dollar Tree bought the company in a $8.5 billion deal that the New York Times described as a “a lifeline” for Family Dollar, which had struggled financially for years. However, numerous financial and data analysts — including Neil Saunders, managing director of GlobalData, and Joe Feldman, an analyst at Telsey Advisory Group — have characterized the acquisition as a difficult one. “Basically, almost 10 years on, Dollar Tree is still sifting through the mess it inherited and has not been able to completely turn around,” Saunders told The Guardian.
