Posted 3/13/2024, 3:16:53 PM
Dollar Tree to Close 1,000 Underperforming Family Dollar Stores Over Next Few Years
- Dollar Tree announced it will close nearly 1,000 Family Dollar stores due to underperformance
- Approximately 600 Family Dollar stores will close in the first half of 2024
- Around 370 Family Dollar and 30 Dollar Tree stores will close over the next several years
- The closures come after Dollar Tree completed a review of store performance in Q4 2023
- Family Dollar was recently fined $41.6 million for storing products in a rat-infested warehouse
