Dollar Express
2017
$Undisclosed
Why
To acquire over three hundred discount store locations that had previously been divested during the Family Dollar merger regulatory approval process, opportunistically buying them back after the private equity buyer failed to operate them and filed for bankruptcy.
Impact
Allowed Dollar Tree to rapidly and efficiently convert hundreds of prime, move-in ready discount retail locations into fully functional, profitable Dollar Tree branded stores across desirable, competitive regional markets within a matter of months.
Outcome
accelerated the company's aggressive organic footprint expansion strategy at a significantly lower capital cost per store than traditional ground-up real estate development would have required in those specific geographical areas.