Dollar Tree to sell Family Dollar to private equity firms for $1 billion
Dollar Tree is selling Family Dollar to two private equity firms after the discount chain failed to gain traction with shoppers.
Watch CBS News
Dollar Tree is selling Family Dollar to two private equity firms after the discount chain failed to gain traction with shoppers.
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.
Dollar Tree acquired Family Dollar nearly a decade ago but has struggled to keep the chain of stores profitable.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
After traces of lead in applesauce poisons nearly 470 people, mostly young kids, FDA finds the metal in more food items.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
The warmer-than-normal temperatures seen on Tuesday can cause problems for people and property.
Neighbors flooded social media and began demanding answers.
In less than three months, the Pittsburgh Post-Gazette is scheduled to close up shop and go out of business.
In just February alone, there have been four wrong-way crashes on highways around the Pittsburgh region.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
The warmer-than-normal temperatures seen on Tuesday can cause problems for people and property.
Neighbors flooded social media and began demanding answers.
In less than three months, the Pittsburgh Post-Gazette is scheduled to close up shop and go out of business.
In just February alone, there have been four wrong-way crashes on highways around the Pittsburgh region.
Ghislaine Maxwell's lawyer said she would be willing to cooperate with a House panel's probe if President Trump grants her clemency, and would testify that he is "innocent of any wrongdoing."
The official DHS statistics, which had not been previously reported, provide the most detailed look yet into who ICE has arrested during the Trump administration's crackdown.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
The bipartisan "Bell-to-Bell" bill bars students from using their phones any time they're in school, not just during instructional periods.
It was only a few months ago that Pennsylvania passed the 2025 budget several months late, and now the process begins for this year.
A woman and her husband are fighting for a $400 refund after they bought furniture from a Value City Furniture store.
It's the end of an era for a grocery store in Carrick.
A Pennsylvania couple says Kia wrongly denied a warranty claim after their car's engine failed at 80,000 miles.
Scams targeting utility customers are on the rise in Pennsylvania, the attorney general says.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
We asked you to send in your unique or adorable love stories to the PTL mailbox, and you delivered!
Dr. Pascual Chen is here to help tackle the habits and headspace that can make Valentine's Day more meaningful, no matter how you are celebrating.
Antiques appraiser Dr. Lori is examining more of your family treasures and heirlooms.
We're learning how Anderson’s Candies has been making chocolates and memories for more than 100 years.
What if the classic tale of "Romeo and Juliet" came with a twist, with a side of rock music and zombies? A brand-new musical is blending George Romero's dreams of the undead with Shakespeare!
Residents of Millvale are trying to get back to normal after last weekend's major snowstorm.
Tracing the past of Shane Hennen and how his troubled life in Pittsburgh pointed to his future downfall.
People in Avella, Washington County, say they have no phone coverage.
Residents and leaders in Charleroi are concerned about the integrity of roads after a trench collapse last year and ongoing construction.
Patrick Vereb is accused of taking money from pet owners who believed their animals would receive dignified cremations.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
Cracking down on the price of prescription drugs is a hefty task.
The advisory, issued on Saturday, affected thousands of customers in Allegheny and Washington counties.
Pennsylvania American Water said that a first round of testing came back negative and an update can be expected late Monday morning.
Doctors said the drugs can help people lose unwanted pounds while retaining muscle.
Six former players on the women's basketball team at the University of Pittsburgh have sued coach Tory Verdi and the school over what they call toxic coaching methods.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Neal Shipley made the first hole-in-one in TGL history while making his league debut on Monday evening.
Veteran designated hitter and outfielder Marcell Ozuna is heading to Pittsburgh.
Google and Pepsi were among the best ads of the Big Game, while Coinbase and ai.com got failing grades, according to one ranking.
More than 140 employees at Nemacolin were informed they were being let go.
It's been about six years since the pandemic, and a lot of people working from home, but now companies are slowly calling them back to the office.
Pittsburgh Mayor Corey O'Connor on Tuesday announced a new initiative aimed at revitalizing neighborhood business districts across the city.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
It has been five years since the home improvement retailer Menards bought a large parcel of land off Route 30 in Westmoreland County.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
Filming for the final season of "Mayor of Kingstown" is expected to take place between March and June.
With a measles outbreak in a Pennsylvania county, health experts want to send a message to families.
As the Pittsburgh region starts to thaw out, we're now faced with a whole new set of weather-related concerns, and some of them could be dangerous. KDKA-TV's Ross Guidotti reports.
A piece of rope tied as a hanging noose was found on a wooden signpost on Uschark Road in Derry Township, Westmoreland County.
Now, several local efforts to keep the paper operating appear to have stalled.
The Pittsburgh Zoo and Aquarium broke ground on a state-of-the-art giraffe center.
Mike Tomlin stepped down as head coach of the Pittsburgh Steelers after 19 seasons with the team.
Pitt's regular season has ended with an 8-4 record.
Pitt's five-game winning streak came to an end with a 37-15 loss to Notre Dame.
Mason Heintschel set a new Pitt freshman single-game passing record in the Pitt win at Acrisure Stadium.
The 44th annual KDKA-TV Turkey Fund will help our neighbors in need have a nice meal for Thanksgiving.