WebHeader_Grove.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Get 2 limited-edition podcast mugs when you make a sustaining gift of $8 or more per month today!

Dollar General Makes $9.7 Billion Bid For Family Dollar

A Family Dollar store is seen on July 28, 2014, in Hallandale, Florida. (Joe Raedle/Getty Images)
A Family Dollar store is seen on July 28, 2014, in Hallandale, Florida. (Joe Raedle/Getty Images)

Today, Dollar General said it wants to buy Family Dollar in an all-cash deal worth $9.7 billion. That proposal tops an earlier bid from another dollar store, Dollar Tree, for the same company last month.

NPR’s Marilyn Geewax talks to Here & Now’s Jeremy Hobson about what the deal means in the larger context of the American economy, and why there’s so much competition for the dollar store.

Guest

Copyright 2021 NPR. To see more, visit https://www.npr.org.

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.