The agreement enables customers across the U.S. to order from their local Family Dollar store through the DoorDash app and receive items quickly at the chain’s everyday low prices.
Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co. partner to purchase Family Dollar
The transaction, announced by Dollar Tree on Monday, is expected to close later in the second quarter pending regulatory approval. The deal calls for Family Dollar to be spun off as an independent company, while maintaining its headquarters in Chesapeake, Virginia.
Price's career in value retailing spans over 25 years.
