Dollar Tree and Family Dollar Merge: What’s Next for Dollar General?


Dollar General

Dollar Tree is buying rival discounter Family Dollar for $8.5 billion, significantly broadening its reach as it looks to fend off Wal-Mart, which has been stepping up its courtship of lower-income customers.

The deal makes Dollar Tree the biggest player in the dollar store segment, with its more than 13,000 combined locations eclipsing current leader Goodlettsville-based Dollar General Corp., which has about 11,300.

Analysts had hinted for months that Dollar General might make a bid, but ultimately the retailing giant didn’t make a move. With this latest deal, what are the next steps for Dollar General?

• Up the ante: Activist investor Carl Icahn said he was “extremely pleased” with Dollar Tree’s plans, but that he still thinks there are “a handful of potential buyers who could realize greater synergies” with Family Dollar.

That could leave the door open for a last-minute deal. However, Bloomberg reported Monday that Dollar General already had turned down the chance to make a higher-dollar offer.

• Sell to Wal-Mart: One retail analyst raised the prospect that Dollar General itself might be a takeover target for Wal-Mart, which might want to bolster its number of smaller-format stores in a big way. But that’s a long shot. Even if Dollar General were interested, federal anti-trust regulators would have lots of issues with the retailers — two of the nation’s largest — joining forces.

• Keep growing: Dollar General recently passed the 11,000-store mark and is in full growth mode. It just entered three new states and says it has plenty of room to grow.

CEO Richard Dreiling said during a recent conference call that the company plans to add 700 new stores in 2014.

SOURCE: USA Today

Views: 46

Comment

You need to be a member of The Oracle to add comments!

Join The Oracle

The Oracle Magazine is a Hip-Hop magazine and Social Community with industry news, music, videos, photos, Health Tips,discussions and more!

Please Contact Us At

                  Call or Text: 424-644-9089
             Email: Theoraclemag@gmail.com

Daily Devotional

Latest Activity

Prince Malachi The First's 3 blog posts were featured
3 hours ago
Prince Malachi The First posted blog posts
3 hours ago
Prince Malachi The First's blog post was featured

The Week In Rap: Why Do Artist Accuse Rapzilla Of Being Culture Vulture, New Music - 116 - Celebrate More feat. Lecrae, Andy Mineo, Hulvey, The NBA Is Back!

It's Weekly digest time, folks! Here's what's good at The Oracle.We're looking for loyal, dedicated team members so get in touch if you're interested.Don't forget to invite friends, colleagues and clients to the site - it's all about sharing!video of the weekWhy Do Artist Accuse Rapzilla Of Being Culture Vulture See all our latest videos here.Best of the week's blogs116 - Celebrate More feat. Lecrae, Andy Mineo, Hulvey…See More
yesterday
Prince Malachi The First posted blog posts
yesterday
Prince Malachi The First's blog post was featured

10 Reasons Why the Mediterranean Diet is Good For You

Low in Saturated FatPhysicians and nutritionists the world over all agree that a diet that is high in saturated fat can have very negative consequences on a person's health and wellbeing. Indeed, a diet that is high in saturated fat can cause a person to suffer heart disease, can lead to cancer and can cause a whole host of other health problems and concern.The Mediterranean diet is noteworthy because of the fact that it is very low in saturated fat. The typical person who follows the Mediterranean diet intakes less than eight percent of his or her calories from potentially harmful saturated fat. This is significantly below the average of people who do not follow a Mediterranean diet regimen.Includes Plentiful Amounts of Fresh Fruits and VegetablesAnother reason why the Mediterranean diet is good for you lies in the…See More
Monday
Prince Malachi The First posted a blog post

10 Reasons Why the Mediterranean Diet is Good For You

Low in Saturated FatPhysicians and nutritionists the world over all agree that a diet that is high in saturated fat can have very negative consequences on a person's health and wellbeing. Indeed, a diet that is high in saturated fat can cause a person to suffer heart disease, can lead to cancer and can cause a whole host of other health problems and concern.The Mediterranean diet is noteworthy because of the fact that it is very low in saturated fat. The typical person who follows the Mediterranean diet intakes less than eight percent of his or her calories from potentially harmful saturated fat. This is significantly below the average of people who do not follow a Mediterranean diet regimen.Includes Plentiful Amounts of Fresh Fruits and VegetablesAnother reason why the Mediterranean diet is good for you lies in the…See More
Monday
Prince Malachi The First's video was featured

116 - Celebrate More feat. Lecrae, Andy Mineo, Hulvey

The Official Music Video for Celebrate More featuring Lecrae, Andy Mineo, and Hulvey is here. Pull up to the Block Party! The #Summer20 playlist is available...
Saturday
Prince Malachi The First posted a video

116 - Celebrate More feat. Lecrae, Andy Mineo, Hulvey

The Official Music Video for Celebrate More featuring Lecrae, Andy Mineo, and Hulvey is here. Pull up to the Block Party! The #Summer20 playlist is available...
Saturday
Prince Malachi The First's 2 blog posts were featured
Saturday
Prince Malachi The First posted blog posts
Saturday
Prince Malachi The First posted a video

Nahoa Life - Gimmie Dat [Official Video]

#NahoaLife #GimmieDat #RMGAmplify #Dance Presave "Gimmie Dat" Today! https://ffm.to/gimmedatsingle.oyd Follow @Nahoa Life "Gimme Dat" is the anthem we can al...
Friday
Prince Malachi The First's 6 blog posts were featured
Friday
Prince Malachi The First posted blog posts
Friday
Prince Malachi The First's 10 blog posts were featured
Jul 30
Prince Malachi The First posted blog posts
Jul 30
Prince Malachi The First's 4 blog posts were featured
Jul 28
Prince Malachi The First posted blog posts
Jul 28
Prince Malachi The First's 4 blog posts were featured
Jul 27
Prince Malachi The First posted blog posts
Jul 27
Prince Malachi The First posted a video
Jul 27

Look for THE ORACLE On Facebook and Twitter!

Birthdays

There are no birthdays today

Events

© 2020   Created by Prince Malachi The First.   Powered by

Badges  |  Report an Issue  |  Terms of Service