-
Private equity firm to buy 330 Dollar Tree stores
Dollar Tree has agreed to sell 330 of its stores to the private-equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar.
Sycamore Partners intends to operate the 330 stores, which represent approximately $45.5 million of operating income for Family Dollar, under the Dollar Express banner.
-
Walmart aids Texas, Okla. flood victims
As Texas deals with the aftermath of tragic flooding, Walmart is trying to make a difference in the state where it has its largest presence.
The Walmart Foundation has announced donations totaling $500,000 to organizations helping with relief efforts for those affected by the floods in Texas and Oklahoma.
