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Discount retailer Dollar Tree said the impact of tariffs will result in lower than expected profit for the second quarter, which ends Aug. 3.

Dollar Tree remains optimistic about its long-term prospects, but tariffs will pressure the discount-retail chain in the near term. "We expect our second-quarter profits to be meaningfully lower ...

Dollar Tree remains optimistic about its long-term prospects, but tariffs will pressure the discount-retail chain in the near term.

Dollar Tree said it has agreed to sell its Family Dollar division to a group of private equity firms in a deal valued at approximately $1 billion.

Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decade.

Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion. Dollar Tree Inc. acquired Family Dollar for more than $8 billion in 2015.

President-elect Donald Trump’s tariff plans may change what products customers can find on Dollar Tree’s shelves – and push the chain to increase prices again.