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The discount retailer is adding another Ohio store to its list of closures later in November. Check out the full list of Ohio closures. Family Dollar closing another Ohio location this month as ...
Family Dollar will close nearly 1,000 stores as inflation cuts into the discount retailer's profits
The announcement of nearly 1,000 store closures came after a disappointing 2023. Dollar Tree and Family Dollar closing nearly 1,000 stores. Here's what we know.
On March 13, parent company, Dollar Tree, announced in a press release it plans to shutter nearly 1,000 Family Dollar stores after seeing declining sales in 2023.
An additional 970 Family Dollar stores were slated for closure in March 2024. [125] Family Video announced that it would close its remaining video rental store locations on January 5, 2021. [126] Forever 21 filed for Chapter 11 bankruptcy in late September 2019 due to the company's large amount of debt. It announced that it would close to close ...
Dollar Tree announced on March 13 it would close 600 Family Dollar stores in the first half of fiscal 2024, and 370 additional stores as their leases expire, according to a press release. Dollar ...
For instance, in March of this year, the discount chain said it will close 600 of its Family Dollar stores in 2024 plus 30 Dollar Tree locations over the next few years, CBS News reported.
Dollar General, Dollar Tree and Family Dollar have spread rapidly since the Great Recession, opening more than 15,000 small stores. From 2018 to 2021, roughly half of all retail stores that opened ...