Dollar Tree Sells Family Dollar To Private Equity Funds for $1B

RetailPrivate Equity
Written By Rick Watson

Family Dollar is a discount retailer offering a wide variety of products, including apparel, household items, and groceries, at affordable prices. They also offer a variety of brands, both national and their own private labels. Family Dollar aims to help customers save money and have more time for their families.

Dollar Tree has agreed to sell Family Dollar to asset managers Brigade Capital Management and Macellum Capital Management for $1 billion. Spending $9 billion in the hopes of having better opportunities to defend a part of the market (Dollar stores), which is highly competitive, only for it to flop, highlights the challenges associated with mergers and acquisitions. After a disastrous nine years, Dollar Tree will unlock value for its shareholders and enable Family Dollar a growth opportunity.

Retail Dive: Dollar Tree sells Family Dollar for $1B

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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