Apollo Global, Sycamore Partners, Brigade Capital Compete to Acquire Family Dollar Amid Retail Expansion by Five Below and Dollar Tree

Discount retailers Five Below and Dollar Tree are expanding their presence by acquiring former Party City locations, as the market for brick-and-mortar retail space remains tight. Concurrently, private equity firms Apollo Global Management, Sycamore Partners, and Brigade Capital are competing to acquire Family Dollar, a discount retail brand owned by Dollar Tree. Reports indicate that these firms are actively pursuing the acquisition, which has garnered attention from shareholders of Dollar Tree.