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You are here: Home / Business / Dollar Tree buys Family Dollar stores

Dollar Tree buys Family Dollar stores

July 28, 2014 By Matt Kelley

Iowans who like to shop at stores where everything’s a dollar may soon see some changes. The Dollar Tree chain is buying rival Family Dollar for $8.5 billion. There are about 40 Dollar Trees in Iowa and around 20 Family Dollars.

While the items at Dollar Tree all cost a buck or less, the Family Dollar stocks some items up to $5, and higher. The new Dollar Tree chain will become North America’s biggest discount retailer. Specifics on which stores will remain open haven’t been released.

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