Posted on 03/13/2024 8:46:17 AM PDT by Sam77
Dollar Tree and its subsidiary, Family Dollar, will close 1,000 stores following a net loss of $1.71 billion over three months, the discount retailer said Wednesday.
The company plans to close about 600 Family Dollar stores in the first half of this year and allow about 370 Family Dollar stores and 30 Dollar Tree stores to close over the next few years at the end of their lease terms.
The company opened 641 new stores, including 333 Dollar Trees and 308 Family Dollars, last fiscal year, which ended on Feb. 3, 2024.
(Excerpt) Read more at justthenews.com ...
Yep, simple oversaturation of the market. Dollar General is well-known to pop-up everywhere there isn’t a Walmart or sizeable grocery store. I’m sure Dollar Tree isn’t any different. Dollar Tree owns Family Dollar, and I am surprised the Family Dollars didn’t get shut down or rebranded already.
These are the other ones. I’ve neither seen them nor tried them. Probably are in even shorter supply, as they don’t offer online ordering of them.
https://www.dollartree.com/2boom-truewireless-vibrant-air-bluetooth-earbuds-with-built-in-mic/387347
Not many Family Dollar stores around here, but the Dollar Trees have been spreading like Kudzu.
You’re kidding about goat subsidies, correct?
I c, therefore I need to read more.
What in the hell is potted meat?
They seem to have been popping up EVERYWHERE!
Poor planning.
I think it’s mistake to combine Family Dollar and Dollar Tree stores. I stopped at a new combination store recently and about 75%-80% of the offerings were little different from Dollar General, and only a small portion of items selling for $1.25.
I like going to a 100% Dollar Tree store occasionally, but these combo stores aren’t that different from Dollar General, of which there are many near me.
all this for the almighty dollar?
Offal. It’s not bad as long as you have lettuce, tomatoes, pickles, etc.
OH!, My “time out” apparently is over!
The “FREE SPEECH” and “TRUTH” were worth the punishment.
Sad to say, but I will have to curtail my use of “FREE SPEECH” and “TRUTH” on this platform from now on.
So, you are saying a 💩 sandwich would be edible with the aforementioned garnishing?
Everything that’s not used for hot dogs, bologna or other................................
I think he’s back to biscuits and mustard, a couple times a week.
Pate’ de porcine...........
Usually found next to the Vienna Sausage.
I observed a number of times that the store had one (1) employee. So, what problem could arise from a lack of staff. Oh, say maybe shrinkage?
I suspect a lot of those stores will be in urban areas aka “food deserts”
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