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Dollar Tree Inc

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  • WASHINGTON, Jan 9- Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp and Dollar Tree Inc to buy Family Dollar Stores Inc, a development that potentially complicates the companies' efforts to win U.S. approval for a deal. Family Dollar had previously disclosed that state attorneys general...

  • Discounting nearly halves Family Dollar 1Q profit Thursday, 8 Jan 2015 | 12:21 PM ET
    A Family Dollar store on July 28, 2014 in Hollywood, Florida.

    Family Dollar Stores, the target of two rival U.S. dollar store chains, reported a 47 percent drop in profit as margins fell due to big discounting.

  • Family Dollar is being pursued by both Dollar General Corp and Dollar Tree Inc, which see an acquisition of the company as way to help fend off rising competition from Wal-Mart Stores Inc and Amazon.com Inc.. Family Dollar has agreed to be bought by smaller rival Dollar Tree for about $8.5 billion in cash and stock, saying Dollar General's $9.1 billion all-cash...

  • Family Dollar 1st-qtr profit nearly halves Thursday, 8 Jan 2015 | 7:15 AM ET

    Jan 8- Family Dollar Stores Inc, the target of two rival U.S. dollar store chains, reported a 47 percent drop in quarterly profit as margins fell due to higher discounting. The No. 2 U.S. discount retailer's net income fell to $41.4 million, or 36 cents per share, in the first quarter ended Nov. 29, from $78 million, or 68 cents per share, a year earlier. The company's...

  • Holiday sales looking good, not great this year Wednesday, 24 Dec 2014 | 10:11 AM ET
    Employees assist shoppers at the check-out counter of a Toys R Us store in New York.

    The National Retail Federation estimates holiday sales will be up 4.1 percent this year, compared with a 3.1-percent increase last year.

  • Midday movers: Hertz, Ocwen, Coca-Cola & more Tuesday, 23 Dec 2014 | 12:57 PM ET

    Some of Tuesday's midday movers:

  • Family Dollar, the second largest U.S. discount retailer, said it adjourned the meeting as there were not enough votes to adopt the Dollar Tree agreement. Family Dollar agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all-cash bids from bigger rival Dollar General Corp, citing antitrust concerns.

  • Dec 23- Family Dollar Inc adjourned a special meeting of shareholders to vote on the company's potential acquisition by smaller rival Dollar Tree Inc to Jan. 22 from Tuesday. Family Dollar said it adjourned the meeting as there were not enough votes to adopt the Dollar Tree agreement. Family Dollar agreed to be acquired by Dollar Tree for $8.5 billion in cash and...

  • Midday movers: Sony, IBM, Red Hat & More Friday, 19 Dec 2014 | 1:10 PM ET

    Some of Friday midday movers:

  • A Family Dollar spokesman said the special shareholder meeting to vote on the Dollar Tree deal remains scheduled for Dec. 23. Family Dollar has agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all cash bids from bigger rival Dollar General Corp, citing antitrust concerns. Dollar General took its $9.1 billion...

  • Dec 19- Family Dollar Inc will delay a shareholder vote on the potential acquisition by Dollar Tree Inc, CNBC said, citing sources. Family Dollar will start the shareholder meeting and then adjourn it, CNBC said. Family Dollar, which rejected an $80 per-share bid from larger rival Dollar General Corp for a lower cash-and-stock deal from Dollar Tree, had earlier...

  • These 5 chains get a boost from lower gas prices Friday, 5 Dec 2014 | 1:17 PM ET
    Pedestrians pass a Restoration Hardware store in New York.

    An analysis shows that many retailers actually see sales decline when oil prices fall. That may not be the case this time around.

  • Early Movers: BIG, DLTR, THI, AAPL, FIVE & more Friday, 5 Dec 2014 | 7:58 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • After crews were sent in to clear the 'Jungle', at least a third of the San Jose's homeless were not placed in housing and are now wondering where to go. The New York Times reports.

  • Dollar General trims sales guidance Thursday, 4 Dec 2014 | 12:43 PM ET
    A customer walks into a Dollar General store near Montpelier, Vermont.

    Dollar General reined in its full-year sales forecast and said it remained committed to buying Family Dollar Stores.

  • Mario Draghi is all over the place on ECB action Thursday, 4 Dec 2014 | 10:28 AM ET
    European Central Bank Governor Mario Draghi speaks at a news conference during the World Bank/IMF annual meetings in Washington, Oct. 11, 2014.

    European stocks weakened and the euro shot higher as the ECB chief implied any initiative to purchase sovereign debt isn't imminent.

  • Dec 4- Dollar General Corp reined in its full-year sales forecast on Thursday and said it remained committed to buying Family Dollar Stores Inc, which would solidify its place as the No. 1 U.S. discount retailer. Dollar General will lose its top position if it fails to upend a merger agreement between Family Dollar and Dollar Tree Inc.. Dollar General took its $80-...

  • Dec 4- Dollar General Corp reined in its full-year sales forecast and said it remained committed to buying Family Dollar Stores Inc, a deal that would allow it to keep its position as the No. 1 U.S. discount retailer. Dollar General will lose its top position if it fails to upend a merger agreement between Family Dollar and Dollar Tree Inc.. Dollar General took its $80...

  • Dec 4- Dollar General Corp reported a 7.8 percent rise in quarterly sales and said it remained committed to buying Family Dollar Stores Inc, which has already agreed to be acquired by Dollar Tree Inc.. Dollar Tree will unseat Dollar General as the No. 1 U.S. deep-discount retailer if it closes the deal with Family Dollar. Dollar General's net income slipped to...

  • High-end shopper thrives while low-income survives Tuesday, 25 Nov 2014 | 12:05 PM ET
    Residents shop at Walmart as the store prepares for Black Friday in Los Angeles, Calif., November 24, 2014.

    The root of the disconnect in retail lies in the fact that it's one set of consumers who are reaping most of the benefits.