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Dollar General to acquire 323 stores

from Supermarket News

A batch of 323 small discount stores spun off in 2015's Dollar Tree-Family Dollar merger are being sold to rival Dollar General, the seller told Supermarket News. The stores, which are currently operating under the Family Dollar banner, were acquired less than two years ago by New York private equity firm Sycamore Partners, which had planned to convert the stores to the Dollar Express banner. Instead, the stores will be converted to the Dollar General banner in coming months. more


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