Family Dollar and Dollar Tree Are Closing 1,000 Locations

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Family Dollar and Dollar Tree Are Closing 1,000 Locations
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Digital destination for sophisticated men & women. Live your best life with expert tips and news on health, food, sex, relationships, fashion and lifestyle.

Our content is fact checked by our senior editorial staff to reflect accuracy and ensure our readers get sound information and advice to make the smartest, healthiest choices.

We adhere to structured guidelines for sourcing information and linking to other resources, including scientific studies and medical journals.These days, it seems that there are more Dollar Tree and Family Dollar locations than ever before. Some cities have even begun toof the co-owned chain due to the impact it can have on the communities it's meant to serve.

"To this end, we have initiated a comprehensive review of our Family Dollar portfolio to address underperforming stores that are not aligned with our transformative vision for the company," he said. The two discount retailers came together in 2015 when Dollar Tree purchased the struggling Family Dollar for $8.5 billion, CNN reports. But even after the company worked to improve stores, increased competition and economic shifts have made it difficult for the retailer.. Experts say the latest announcement shows the retailer is still struggling to stabilize the company.

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