Big Money In Dollar Tree's Acquisition Of Family Dollar

Published July 28, 2014 at 1:35 PM EDT

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A Dollar Tree store is seen on July 28, 2014 in Miami, Florida. Dollar Tree announced it will buy Family Dollar Stores for about $8.5 billion in cash and stock. (Joe Raedle/Getty Images)

In an $8.5 billion deal, Dollar Tree has agreed to acquire its rival discount chain, Family Dollar. What does this mean for Dollar General? And could Wal-Mart take customers away from all of them?

Howard Davidowitz joins Here & Now’s Jeremy Hobson to discuss how the business of dollar stores has adapted as the economy has improved.

Guest

Howard Davidowitz, retail consultant and founder of Davidowitz & Associates, Inc.