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Dollar & Discount

Family Dollar

Parent: Family Dollar Stores, LLC · PE-owned (Brigade Capital and Macellum Capital)

Credit ratingB High yield
S&P BFitch BB-
AAAAAABBBBBBCCCD
Investment gradeHigh yield

S&P Global, as of July 20, 2026 · Outlook stable. Source: S&P Global Ratings issuer rating

Founded1959Source: Wikidata
EmployeesNot verifiedNo verified source
Locations7,112May 2026; source: Matthews Real Estate Investment Services, 2026 dollar store update
HeadquartersChesapeake, VirginiaDollar & Discount

New Initiatives

How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.

  • Family Dollar closed at least 350 stores between July 2025 and May 2026 under its new owners.

    Source: Chain Store Age

Family Dollar operates neighborhood discount stores selling consumables and household basics, largely in urban and suburban markets. Dollar Tree sold the business to an investor group led by Brigade Capital Management and Macellum Capital Management in July 2025, and it now operates as a private company.

Store count

7,112 as of May 2026
-6.7% 1-year change vs. prior fiscal year
  1. 7,8972016
  2. 7,9742017
  3. 8,1852018
  4. 8,2362019
  5. 7,7832020
  6. 7,8802021
  7. 8,0162022
  8. 8,2062023
  9. 8,3592024
  10. 7,6222025
  11. 7,112Latest

Family Dollar stores, U.S., brand level. Counts as reported at each period end. Sources: Dollar Tree, Inc. 10-K filings (Family Dollar segment stores at fiscal year end); Matthews Real Estate Investment Services, 2026 dollar store update.

Ownership history

  1. 2015

    Acquired by Dollar Tree Source: Wikipedia: Family Dollar

  2. 2025

    Sold by Dollar Tree to Brigade Capital and Macellum Capital Source: Wikipedia: Family Dollar

SEC Filings

Private company, no public SEC filings. Family Dollar Stores, LLC does not file annual reports with the SEC.

Credit ratings

AgencyRatingOutlookAs ofSource
S&P GlobalBStableJuly 20, 2026S&P Global Ratings issuer rating
FitchBB-First-time issuer rating, July 20, 2026Fitch Ratings

Bond market context

Issuer bond yieldUnavailable. No free, licensed source for individual bond yields.
B index effective yield8.25% (Nov. 6, 2026; ICE BofA Single-B US High Yield Index)
B index spread (OAS)361 bps over Treasuries; 328 bps a year earlier (FRED)
10-year Treasury4.88% (Nov. 9, 2026)

The index row shows the yield on single-B-rated U.S. corporate bonds as a group, the closest free benchmark for this rating category. It is not the yield on this company’s own bonds.

Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.

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