Is Dollar Tree and Family Dollar owned by the same company?

Leon Levine, the founder of the Family Dollar retail business, died at the age of 85. In 1959, Levine launched his first Family Dollar store on Charlotte’s Central Avenue, which grew to more than 8,000 locations statewide.

His philanthropic efforts and contributions to developing medical resources in Charlotte, however, remained his most lasting impact.

Levine was a substantial donor to the Atrium Health Foundation, beginning with a gift to assist the Children’s Medical Network in 1987. He continued to support pediatric health, donating $10 million in 2003 to create the Levine Children’s Hospital.

In 2010, his efforts to build the Levine Cancer Institute resulted in a $20 million gift. He was instrumental in the establishment of the Mindy Ellen Levine Behavioral Health Center in Davidson in 2014.

The Leon Levine Foundation gave the Carolinas HealthCare System $25 million in 2016, which was utilized to expand the Levine Cancer Institute. “I wouldn’t have been able to do it if it hadn’t been for my career at Family Dollar,” Levine said of the opportunity to contribute.

“I enjoy both of my jobs.” The Leon Levine Opportunity Center, a 160,000-square-foot facility named in his honor and established by Goodwill Industries of Southern Piedmont in 2015 with a $1.2 million grant from the Leon Levine Foundation, bears Levine’s name.

Is Dollar Tree and Family Dollar owned by the same company?

Yes, Dollar Tree stated on July 28, 2014, that it would pay $8.5 billion to acquire Family Dollar. Carl Icahn, the company’s largest stakeholder, received a profit from the transaction after purchasing his 9.4% holding in June 2014.