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To identify and address underperforming stores
- The decision to close the stores came following a portfolio review "to identify and address underperforming stores and invest in improved store standards and growth," a spokesperson for Dollar Tree told CBC News in a statement.
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Jun 5, 2024 · In response to the dismal quarter, Dollar Tree said it will close roughly 600 Family Dollar stores in the first half of fiscal 2024, and about 370 Family Dollar and 30 Dollar Tree...
Mar 14, 2024 · Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a decade ago.
Mar 22, 2024 · Around 600 Family Dollar stores will close in the US this year after parent company Dollar Tree announced it experienced a significant underperformance in 2023.
- Anthony Robledo
- Trending News Reporter
Mar 13, 2024 · Dollar Tree also said it will close 30 stores as leases expire. The closures will improve the company’s profitability. But they are likely to leave a void for Americans with already...
The parent company of Family Dollar said it would close approximately 1,000 stores, citing market conditions, store performance and other factors. Dollar Tree, which has owned Family Dollar since...
Mar 14, 2024 · Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a decade ago.
Mar 14, 2024 · Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a decade ago. Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years.
