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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 said it will carry products at higher price points, with some items costing as much as $7. Dollar Tree, Family Dollar to close 1,000 locations Skip to main content
Dollar Tree Inc. announced it will close nearly 1,000 of its Family Dollar stores starting in 2024. Here's how long you have to shop at the discount store. Family Dollar Is Closing Nearly 1,000 ...
Family Dollar and Dollar Tree will close 1,000 stores. Nathaniel Meyersohn, CNN. March 13, 2024 at 11:18 AM. Ross Taylor/AP. Family Dollar, the struggling discount chain that caters to low-income ...
Parent company Dollar Tree also said it would convert 200 others to Dollar Tree. [124] 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]
The affected stores would temporarily close for up to 90 days after liquidation sales are complete to make way for renovations and restocking, and then reopen soon after. [19] On May 24, 2024, Ollie's Bargain Outlet announced that they would be acquiring 11 former 99 Cents Only leases, most of which are set to open by the end of 2024. [20]
Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 900 locations across the United States.