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Yes, Dollar Tree owns the Family Dollar stores

July 6, 2015, the Virginia headquarters of Dollar Tree sent out a news release stating it "has completed the acquisition of Family Dollar stores.”

MEMPHIS, Tenn. — FDA officials warned certain items sold at Family Dollar stores across six states could be contaminated by unsanitary conditions found at a West Memphis, Arkansas, distribution facility after an inspection found a rodent infestation and other issues that could have affected the products.  

That triggered the indefinite closure of Family Dollar stores across the south, including in the Memphis area.

The closures negatively impacted Memphis area neighborhoods already considered a food desert. Now people have to go further for groceries.

An ABC 24 viewer wanted to know who is really in charge of the company.

The Question

Does Dollar Tree own Family Dollar?

The Answer

This is true.

Yes, Dollar Tree owns Family Dollar

The Source

What We Found

July 6, 2015, the Virginia headquarters of Dollar Tree sent out a news release stating it "has completed the acquisition of Family Dollar stores.”

"We are pleased to announce we have completed our acquisition of Family Dollar and we formally welcome the Family Dollar team to the Dollar Tree organization," stated Bob Sasser, Chief Executive Officer in the release.

Read the full release HERE.

So we can verify, Family Dollar is owned by Dollar Tree. 

RELATED: Here's what Mid-South Family Dollar employees can do if out of work due to store closures

RELATED: The FDA says there were "too numerous to count" after findings of a rodent infestation led to Family Dollar store closings across the Mid-South

RELATED: State lawmakers demand Family Dollar probe as those in food deserts worry how they'll get by

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