Retail  January 22, 2015

Dollar Tree, Family Dollar stores to survive merger

Shareholders of Family Dollar voted overwhelmingly early Thursday to approve the discount retailer’s $8.5 billion takeover by rival Dollar Tree, but how the chains’ stores in Northern Colorado and the Boulder Valley would be affected remains unclear.

Chesapeake, Va.-based Dollar Tree Inc. (Nasdaq: DLTR) currently has three stores open in Fort Collins, two each in Greeley and Longmont, and one each in Loveland, Windsor and Louisville. Matthews, N.C.-based Family Dollar Stores Inc. (NYSE: FDO) has one store each in Loveland, Longmont, Dacono, Fort Lupton and Brighton. A Dollar Tree recently closed in Boulder, and a Family Dollar recently closed in Longmont.

Both…

With BizWest since 2012 and in Colorado since 1979, Dallas worked at the Longmont Times-Call, Colorado Springs Gazette, Denver Post and Public News Service. A Missouri native and Mizzou School of Journalism grad, Dallas started as a sports writer and outdoor columnist at the St. Charles (Mo.) Banner-News, then went to the St. Louis Post-Dispatch before fleeing the heat and humidity for the Rockies. He especially loves covering our mountain communities.
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