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In March 2024, Dollar Tree announced a fourth quarter operating loss of $1.89 billion as it announced it would close 1,000 Family Dollar stores. Dollar Tree said then they were " still in the ...
Dollar Tree closed about 600 Family Dollar stores in 2024 and had plans to close another 370 – along with 30 Dollar Tree stores – when the leases came up on on those locations.. CEO Michael ...
Dollar Tree purchased Family Dollar in 2015 for about $9 billion, hoping the merger would help both stores reach more customers. But it struggled to effectively manage the Family Dollar brand.