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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock Market Reacts as Dollar Tree Agrees to Buy Family Dollar.
Both stocks were up today on the news - Dollar Tree by about 3% and Family Dollar by about 25% as of the time of this message.
The deal involves nearly eight-and-a-half billion dollars, in singles.
They don't yet have a name for the company, but are considering Extended Family Dollar.
They have already agreed on a slogan: Twice as much crap!
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Stock Market Reacts as Dollar Tree Agrees to Buy Family Dollar. (Original Post)
JEFF9K
Jul 2014
OP
I wonder if that'll lead to any improvement in Family Dollar stores. I like Dollar Tree stores,
Louisiana1976
Jul 2014
#2
Retrograde
(10,156 posts)1. Will they call it Family Tree or Dollar Dollar? (n/t)
JEFF9K
(1,935 posts)6. Watch the late night shows.
This story is the type of thing they make jokes about in the opening monologue. Let's see what they come up with.
Louisiana1976
(3,962 posts)2. I wonder if that'll lead to any improvement in Family Dollar stores. I like Dollar Tree stores,
but I don't like the Family Dollar.
JEFF9K
(1,935 posts)3. I've never been to Dollar Tree.
A Family Dollar recently opened nearby. I was hoping they would have something that the others stores didn't have, or maybe the same things at a lower price, but they didn't.
The head of the store did, however, give a great performance on Undercover Boss.
onethatcares
(16,184 posts)4. did dollar general have any
type of uptick?
we could have a totally new stock ticker abreviation.
JEFF9K
(1,935 posts)5. I don't know.
Nightly Business Report had a story about the whole "dollar store" industry, but I missed it.
DirkGently
(12,151 posts)7. Great. They're already putting these up everywhere here.
I take it as a sign that Americans are increasingly forced to shop for crap because they are already stretched to breaking buying food, housing, fuel, etc.
Sad.