DLTR’s Strategic Review & Tornado Damage Updates Management unveiled that it had initiated a formal review of strategic alternatives for the Family Dollar business unit, which can include among others, a potential sale, spin-off or other disposition of the business. It has not yet set a dead...
The company also mentioned that it incurred losses totaling $117 million as of early May, after a tornado destroyed the company's distribution center in Marietta, Oklahoma, on April 28. The facility sustained significant damage, and the inventory in the facility as well as the...