Thread regarding Staples Inc. layoffs

Sycamore Partners LOSERS!

Jan 8, 2018

A legal tussle that pitted Dollar Tree against an upstart discount chain has been settled in the Chesapeake-based retailer's favor. Dollar Express will pay Dollar Tree $35 million, according to a financial filing noting the Jan. 4 settlement that put an end to two lawsuits filed in the Delaware Chancery Court.

Dollar Tree sued Charlotte-based Dollar Express earlier this year, claiming it was still owed $53.5 million after it sold 330 Family Dollar stores to Dollar Express in late 2015. The sale was the result of an antitrust agreement when Dollar Tree bought Family Dollar.

Dollar Express, owned by Sycamore Partners, countersued alleging the chain sabotaged its business through its hiring practices and by opening new Family Dollar stores nearby.

by | Post ID:
1766 views | 5 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

5 replies (most recent on top)

SO good to be gone!

by | Post ID:

Whats even stranger is that Staples is selling Furniture to Dollar Tree

by | Post ID:

Just highlights the arrogance of Sycamore Partners.

by | Post ID:

Are you 12? LOL!

by | Post ID:

Since when is it illegal to have competition near by? WTF? Who does Sycamore think they are? What was the hiring practices? Dollar Tree is probably paying their employee's better.

Staples - This is your new owner. LOL!

by | Post ID:

Post a reply


Related pages

cintas tickerchevron angola careerstemecula valley hospital addressteva jobs usakeebler kellogghalliburton 401k planarvind sodhani intelupper valley mall closingsouthwestern energy houston txdeluxe corp jobsintel corp austin txat&t jobs mississippibrinks inckinder morgan mgmt llcstate farm insurance winter haven floridamylan jobvirison.commerck west pointspace systems loral salaryca layoffanacor stockchase bank hours san antonio txxo layoffsl3 communications camden njbreitburn houstonoffice depot boca raton jobsmovado corporategigamon inccabelas st charles mosafeway livermore californiaporter adventist hospital denver cowww exelisinc comh1b scambank of america merchant services salarycognizant india jobsace insurance locationsabc layoffshospital in temeculasanchez energy stockbank of america greensboronomac drilling job applicationbeacon hill staffing group bostonbaylor heart & vascular hospitalstonestown mall apple storenewfield exploration denverstaples in nj locationswhole foods dvoiam751apple galleria mall houstonhhgregg lafayette inat&t call center el paso txcameron international salariescitrix bangalore salarysears apppliancesthe layoff chesapeakenexen layoffstqnt newscabelas alabamawalgreens district manager salaryfreescale bangaloreintel ssgceragon networks inceog resources stock pricefuelcell energy inc fcelbank of america locations in pittsburghhaywood mall apple storenordstroms cerritoseaton corporation milwaukeecarefusion san diego jobsschlumberger background checkexpress scripts unionverizon locations machk stock todaypebble sears