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.
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 small growth of only 1.8% in 2018. 

FILE – The Fam­i­ly Dol­lar logo is cen­tered above one of its vari­ety stores …