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Dollar Tree Plans 1000 Store Closures
DLTRDollar Tree(DLTR) Forbes·2024-03-15 10:45

Dollar Tree Discount Store.gettyFamily Dollar Stores continue to struggle and chain owner, Dollar Tree DLTR , plans to shutter 1000 of its stores in the first half of 2024. In addition, another 370 units will close in coming years as leases expire. At the same time, a review of the Dollar Tree stores identified 400 locations to also close.The merger of the two companies, Dollar Tree and Family Dollar, occurred in 2015. As the fiscal year ended on February 3, the company operated over 16,774 units under the ...