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Family Dollar and Dollar Tree to close 1,000 stores after $1.71 billion net loss
Just The News ^ | 13 March 2024 | Madeleine Hubbard

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 ...


TOPICS: Politics
KEYWORDS: 125dollartree; 3dollartree; 5dollartree; biden; bidenomics; bidenomics0; dollartree; familydollar; inflation; inflation0
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To: 9422WMR

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.


21 posted on 03/13/2024 9:05:34 AM PDT by thescourged1 (Who put this tagline here?)
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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


22 posted on 03/13/2024 9:06:54 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: Sam77

Not many Family Dollar stores around here, but the Dollar Trees have been spreading like Kudzu.


23 posted on 03/13/2024 9:07:16 AM PDT by PAR35
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To: Rustybucket

You’re kidding about goat subsidies, correct?


24 posted on 03/13/2024 9:08:07 AM PDT by Laslo Fripp (Semper Fidelis)
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To: Red Badger

I c, therefore I need to read more.


25 posted on 03/13/2024 9:08:21 AM PDT by Spacetrucker (George Washington didn't use his freedom of speech to defeat the British - HE SHOT THEM .. WITH GUNS)
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To: Red Badger

What in the hell is potted meat?


26 posted on 03/13/2024 9:09:46 AM PDT by Spacetrucker (George Washington didn't use his freedom of speech to defeat the British - HE SHOT THEM .. WITH GUNS)
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To: Sam77

They seem to have been popping up EVERYWHERE!

Poor planning.


27 posted on 03/13/2024 9:10:02 AM PDT by faucetman (Just the facts, ma'am, Just the facts )
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To: Sam77

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.


28 posted on 03/13/2024 9:10:46 AM PDT by Will88 ((The only people opposing voter ID are those benefiting from voter fraud.))
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To: Sam77

all this for the almighty dollar?


29 posted on 03/13/2024 9:11:29 AM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: Spacetrucker

Offal. It’s not bad as long as you have lettuce, tomatoes, pickles, etc.


30 posted on 03/13/2024 9:12:48 AM PDT by waterhill (Rest in peace Sadie.)
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To: faucetman

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.


31 posted on 03/13/2024 9:13:25 AM PDT by faucetman (Just the facts, ma'am, Just the facts )
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To: Spacetrucker
What in the hell is potted meat? ------

"Do we bake it? No no no no no!"

"Do we cure it? No no no no!"

"Do we smoke it? Ya ya ya!"
32 posted on 03/13/2024 9:14:54 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: waterhill

So, you are saying a 💩 sandwich would be edible with the aforementioned garnishing?


33 posted on 03/13/2024 9:18:34 AM PDT by Spacetrucker (George Washington didn't use his freedom of speech to defeat the British - HE SHOT THEM .. WITH GUNS)
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To: Spacetrucker

Everything that’s not used for hot dogs, bologna or other................................


34 posted on 03/13/2024 9:22:20 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: ImJustAnotherOkie

I think he’s back to biscuits and mustard, a couple times a week.


35 posted on 03/13/2024 9:23:09 AM PDT by gundog ( It was a bright cold day in April, and the clocks were striking thirteen. )
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To: Spacetrucker

36 posted on 03/13/2024 9:23:24 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Spacetrucker

Pate’ de porcine...........


37 posted on 03/13/2024 9:24:11 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: ImJustAnotherOkie
Where’s Carl going to get his Potted Meat /w/ peckers.

Potted Meat

Usually found next to the Vienna Sausage.

38 posted on 03/13/2024 9:29:01 AM PDT by Will88 ((The only people opposing voter ID are those benefiting from voter fraud.))
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To: Sam77

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?


39 posted on 03/13/2024 9:30:51 AM PDT by gathersnomoss (Clown World)
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To: Sam77

I suspect a lot of those stores will be in urban areas aka “food deserts”


40 posted on 03/13/2024 9:32:00 AM PDT by kaktuskid
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