All Posts Tagged Tag: ‘Family Dollar’

Dollar Tree Acquires Family Dollar For $8.5 Billion

There were echoes of trouble for dollar store franchise Family Dollar back in April, and talks of an impending buyout. On Monday it was announced that rival franchise Dollar Tree would be buying Family Dollar. Dollar Tree is said to have acquired the floundering company for about eight and a half billion dollars, although it’s believed that the deal could …

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Family Dollar: Headed For A Buyout?

Things have not been looking good for Family Dollar. The dollar store chain’s stocks continue to slide, recently hitting a 52 week low. Both the company’s shares and earnings fell short of original projections made by Zacks Consensus Estimate. Analyists predict a 14% drop in earnings by the end of 2014. There is a chance that a lift may be …

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Family Dollar in Financial Straits Due to Competition and Store Closure

The announcement on Thursday that Family Dollar will close nearly 400 stores has not helped the struggling company. The Motley Fool declared today that “Family Dollar had a terrible quarter!” The company reported 2.7 billion dollars in revenue for this quarter, short about one hundred million dollars it needed to appease investors. To compare, the company reported 2.9 billion dollars …

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Family Dollar: Store Closings Signal End of An Era?

Once upon a time it was practically guaranteed that no matter what was happening with the economy, the 99¢ or $1 stores would not be affected. After all, if regular stores were too expensive for cash-strapped Americans, many would no doubt turn to stores like Family Dollar for cheap essentials. This belief was shattered by the news that Family Dollar …

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