With CVS, Big Lots, and other businesses closing several locations across the U.S. this year, the number of store closures is up by 69%, increasing tremendously in 2024.
Nearly every day, Latrina Begley, 37, of Nashville, or one of her six children, shopped at the Family Dollar down the hill from their home.
Dollar General stores plummeted on Thursday after the discount retailer cut its sales and profit guidance for the entire year, alluding to the fact that lower-income customers are struggling with the economy.
The FTCwill argue Kroger’s $25 billion merger with rival grocer Albertsons is bad for shoppers and workers when the agency’s lawsuit goes to trial in federal court.
The retail store Dollar Tree has announced that they are closing almost 1,000 stores across the United States between its namesake general discount stores and subsidiary chain, Family Dollar.
As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy’s could be saddled with too much stock.