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Family Dollar, Dollar Tree merge, taking aim at Wal-Mart
John Kell
fortune.com
Dollar Tree’s acquisition of Family Dollar Stores will create a larger rival to battle Wal-Mart Stores, Dollar General and others that are fighting for the disposable income of those that have the least to spend on food and other consumer products.
The $8.5 billion merger will join two of the largest discount-focused retail chains, with annual sales exceeding $18 billion and more than 13,000 stores across 48 states and five Canadian provinces.
to read more: fortune.com
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