Posted 3/15/2024, 5:00:00 PM
Over 1,000 Family Dollar Stores Closing Amid Debate Over Dollar Stores' Impact
- Over 1,000 Family Dollar stores are closing, pleasing critics who argue dollar stores negatively impact communities and push out grocers
- Since 2018, over 60 cities and counties have passed restrictions on opening new dollar stores to try to spur more grocery stores and independent retailers
- Opponents argue dollar stores target minority and low-income areas, attract crime, and make it harder for grocery stores to operate profitably
- Advocates hope Family Dollar's closures will open opportunities for independent grocers and supermarkets to return to underserved areas
- However, small grocers also face challenges from retail consolidation and critics argue stronger antitrust enforcement is needed to level the playing field
