Family Dollar, Dollar Tree to close about 1,000 stores

Dollar Tree, which owns Family Dollar, on Wednesday announced that it will shutter 600 of its Family Dollar stores in the first half of the year as part of its portfolio optimization. An additional 370 stores will close once their leases expire, the company said in its fourth-quarter earnings report.

In addition, 30 Dollar Tree locations will also close as their leases expire.

 

FILE – Customers shop at a Dollar Tree store in the Austin neighborhood on Aug. 2, 2022, in Chicago, Illinois. (Photo by Scott Olson/Getty Images)

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Author: eazynews23.com

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