(Reuters) -Dollar Tree ( DLTR ) is nearing a sale of its Family Dollar business to a consortium of private-equity investors for about $1 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The discount-retail chain is set to be bought by Brigade Capital Management and Macellum Capital Management, according to the report.

Dollar Tree ( DLTR ), which is scheduled to report quarterly results on Wednesday, did not immediately respond to a Reuters request for comment.

The company is in the middle of a restructuring as it struggles with competition from big-box retailers such as Walmart, as well as online retailers including Amazon, Shein and Temu.

In June last year, Dollar Tree ( DLTR ) said it was exploring options for its Family Dollar business, which it bought in 2015 for about $9 billion.