What's Inside

On March 26, 2025, Dollar Tree, Inc. announced that it has reached an agreement under which private equity firms Brigade Capital Management and Macellum Capital Management will acquire the Family Dollar business for $1.0 billion.

We offer our take on the sale. Discover the key factors in Dollar Tree’s integration struggles with Family Dollar and what the acquisition agreement means for Dollar Tree, Family Dollar and other retailers

Data in this research report include:

• Proprietary US consumer survey data—shopper penetration at major dollar stores in the US; customer base breakdown for Dollar Tree and Family Dollar by income and location
• Store maps for Dollar Tree and Family Dollar

Companies mentioned in this report include: Dollar General, Dollar Tree/Family Dollar, Shein, Temu, Walmart

Other relevant research:

• Company Dashboard: Dollar Tree
• Three Data Points We’re Watching This Week, Week 13: Dollar Tree, Inc. To Sell Family Dollar
• All our coverage of the mass merchandise, discount store and warehouse club sector
• Consumer Sentiment Steadies; Plus, Off-Price and Dollar-Store Shopping in Focus: US Consumer Survey Insights
• The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys.