Dollar store merger low-impact for Canada

TORONTO — Virginia-based Dollar Tree is taking over struggling rival Family Dollar in $9.2 billion deal, including assumed debt. The transaction, set to close early next year, will consolidate Dollar Tree’s share of the dollar store market, but analysts say it will have little effect on Montreal’s Dollarama, The Toronto Star reports. Dollar Tree operates 200 stores in Canada, but Family Dollar has no presence here, and Dollar Trees reports have been lukewarm about Canadian growth.