Family Dollar sells most items for under $10.ĭollar Tree Inc., based in Chesapeake, Virginia, acquired Family Dollar in 2015 for almost $9 billion. It also said it's open to testing again new prices at Dollar Tree, where most items are priced at a dollar and nothing over that amount. The company has said that it will renovate at least 1,000 stores this year. The company closed 84 Family Dollar stores in the fourth quarter, 37 more than originally planned. That led to a massive loss in the latest fiscal fourth quarter. The company also slashed the value of its struggling Family Dollar chain, booking a $2.73 billion charge in its fiscal fourth quarter. is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name.
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