Macy's plans to close dozens of stores after the holidays and Family Dollar was hard hit with hundreds of closures in the U.S ...
So far in 2024, 7,308 store closings have been confirmed or planned, an increase of almost 3,000 compared to 2023 ...
There was a sizable increase in stores that closed in 2024, with Big Lots, CVS and Family Dollar leading the list.
Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through.
On the downside, Family Dollar will be closing 677 stores. In a Dec. 3 research note, GlobalData analyst Neil Saunders attributed this in part to the company's "poor selling environment," as well ...
In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...
Creedon, who worked at auto parts retailer Advance Auto Parts for nearly a decade before joining Dollar Tree in 2022, was ...
There was a sizable increase in stores that closed in 2024, with Big Lots, CVS and Family Dollar leading ... is preparing to close its remaining 963 locations after a sale to save the bankrupt ...
Family Dollar closing storefronts can be attributed to a number of factors, including inflation, low sales, poor conditions, mismanagement issues, expiring store leases, more retail competition ...
saying that same-store sales “tracked well through the quarter.” It also said it is making “good progress’ on its formal review of strategic alternatives for the Family Dollar business ...
In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores ...
The review, which could include a sale or spinoff of the business ... in March to shutter about 970 underperforming Family Dollar stores. At the close of Q3, the company said 670 were closed ...