«Family Dollar Stores Inc. (FDO) shareholders approved an $ 8.74 billion takeover offer from
Dollar Tree Inc. after a six - month battle, spurning a higher offer from Dollar General Corp. (DG) that they considered too risky.»
It announced recently that it will be accelerating new store openings next year, after losing a furious bidding war for Family Dollar Stores Inc. (NYSE: FDO) to rival
Dollar Tree Inc. (NASDAQ: DLTR).
Shares of
Dollar Tree Inc. and Dollar General Corp. both dropped on Monday after President Donald Trump unveiled the plan, which would slash cash payments and substitute them with packages of food — potentially one of the biggest shake - ups in the history of the Supplemental Nutrition Assistance Program, or SNAP.
Not exact matches
Ms. Winston previously served from 2012 until August 2015 as Executive Vice President — Chief Financial Officer of Family
Dollar Stores,
Inc., a discount retailer with more than 8,300 stores and nearly $ 11 billion in revenues prior to its acquisition by
Dollar Tree in July 2015.
Karen Finerman advised her followers not to jump in
Dollar Tree,
Inc. (NASDAQ: DLTR) after the stock fell 14.48 percent Wednesday.
Anthony Chukumba of Loop Capital expects the fourth - quarter earnings of
Dollar Tree,
Inc. (NASDAQ: DLTR) to be below consensus expectations amid weak Family
Dollar sales.
Those fresh items help Johanneson's
Inc. set itself apart from big - box stores such as Walmart and smaller retailers with grocery sections such as
Dollar Tree.
Speculation that Chesapeake, Virginia - based
Dollar Tree would prevail increased last week when Institutional Shareholder Services
Inc., an influential proxy adviser for large investors, recommended accepting the offer because of its «near certainty» of closing.
The retail sector is used to seeing store openings from off - price sellers like Burlington and the Framingham, Mass. - based TJX
Inc. chains, as well as value - oriented retailers including
Dollar Tree, Aldi and Lidl.