Inflation and Shoplifting Add Struggle to Dollar Stores Family Dollar and 99 Cents Only

Family Dollar and 99 Cents Only have struggled recently due to inflation, shoplifting, and past strategic mistakes
Family Dollar has underinvested in stores for years and struggled since Dollar Tree acquired it in 2015
Messy stores, high prices, and overexpansion hurt Family Dollar before the acquisition
99 Cents Only fell behind rivals after a 2011 leveraged buyout and made missteps like overly tall shelves
99 Cents Only stores were too large and focused too much on low-margin groceries to be profitable