![]() ![]() ![]() “The underperformance at Family Dollar since the acquisition has persisted long enough,” Smith said.ĭollar Tree outlined an aggressive plan for Family Dollar on Wednesday after Family Dollar posted another quarter of sluggish growth during the holidays. The firm, which is best known for revitalizing Olive Garden’s parent company Darden, owns roughly 1% of Dollar Tree. “Dollar Tree significantly overpaid for Family Dollar, and this business is proving to be a meaningful distraction,” Jeffrey Smith, CEO of Starboard Value, wrote to the company in January. (AP Photo/Eric Gay, File) Eric Gay/APĭollar General tries to make healthy food more accessible Dollar General Corporation reports financial results, Thursday, Dec. 25, 2013, file photo, customers exit a Dollar General store in San Antonio. ![]()
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