Headlines

More Dollar General Units May Get the Ax

4K stores hang in the balance

Published

9 years ago

November 20, 2014

Sarah Whitman

Dollar General (Goodlettsville, Tenn.) may have to divest more than 4000 stores — double the 1500 stores it said it was willing to sell — if it wants to gain regulatory approval to buy its main competitor, Family Dollar, according to the New York Post.

The Federal Trade Commission is concerned that the two chains are mainly in competition with each other rather than Walmart, drugstores and supermarkets, say two sources close to the situation. The FTC may require the country’s Dollar General to divest the 4000-plus stores to win approval of its stalled $9.1 billion merger proposal.

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