CHESAPEAKE, Va. – The latter-day dime store chain, Dollar Tree, is selling its Family Dollar subsidiary to two private equity firms for $1 billion. Dollar Tree has been trying for a decade to unload the subsidiary. The buyers — Brigade Capital of New York and Macellum Capital, also of New York. The sale, said Dollar Tree, means it can focus on its core business.
Family Dollar locations
Among Minnesota stores: Cannon Falls, Lake City, Plainview, Preston, Stewartville, Zumbrota. Wisconsin: Augusta, Chippewa Falls, Durand, Eau Claire (2) , Ellsworth, Mondovi, Osseo, Pepin, Spring Valley, Tomah. Iowa: Waukon,