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“The battle for America’s poorest consumers intensified Monday with Dollar Tree’s agreement to buy rival Family Dollar Stores for about $8.5 billion,” Paul Ziobro and Shelly Banjo report for The Wall Street Journal. “The chains thrived during the recession as the number of working Americans living in poverty increased by nearly 40 percent, according to the U.S. Bureau of Labor Statistics.” The two chains operate more than 13,000 stores nationwide.
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