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Started By
Message
Family Dollar is about to close nearly 1,000 stores.
Posted on 3/13/24 at 3:25 pm
Posted on 3/13/24 at 3:25 pm
Dollar Tree bought Family Dollar in 2015, but Family Dollar was a bigger mess than they anticipated, and nearly nine years later, they are still trying to straighten out the mess and fully integrate Family Dollar into the Dollar Tree brand.
Family Dollar will close 600 stores in the next few months, with 370 stores closing within the next couple of years as their leases expire. Dollar Tree will close 30 stores.
These discount stores have seen an uptick in shoppers recently, but the average shopper is spending less money per visit. Trashy stores and discount competition like Temu have also impacted their sales.
Another huge factor:
Family Dollar will close 600 stores in the next few months, with 370 stores closing within the next couple of years as their leases expire. Dollar Tree will close 30 stores.
These discount stores have seen an uptick in shoppers recently, but the average shopper is spending less money per visit. Trashy stores and discount competition like Temu have also impacted their sales.
Another huge factor:
quote:
Family Dollar, Dollar Tree, Dollar General and other discount stores have had longstanding theft issues, operating stores with just a handful of employees who have at times been victims of violent robberies and other crimes.
Posted on 3/13/24 at 3:27 pm to Ghost of Colby
quote:
and other discount stores have had longstanding theft issues
I was in one yesterday and when you walk in, there are huge posters of photos of the thieves.
I asked the very grouchy lady behind the counter what they do if the same people come back in. She said "they don't pay me enough to tackle 'em "
Posted on 3/13/24 at 3:28 pm to Ghost of Colby
It's wild how many dollar generals there are in the rural South. You can drive like 10 miles and see 3 houses but 5 dollar general stores.
Posted on 3/13/24 at 3:29 pm to Ghost of Colby
quote:
Dollar Tree
More like a "Hunnit Tree". Inflation has hit the dollar stores too.
Posted on 3/13/24 at 3:30 pm to Ghost of Colby
Wherever I first saw this, the top comment was something like, 70 people are set to lose their jobs.
Posted on 3/13/24 at 3:46 pm to Ghost of Colby
Since Family Dollar and Dollar General are usually across the street from each other, this makes sense.
Posted on 3/13/24 at 3:49 pm to Ghost of Colby
I have been in one once. Team Dollar General all the way. The more haphazard the store is the better.
Posted on 3/13/24 at 3:49 pm to Ghost of Colby
quote:
Family Dollar, Dollar Tree, Dollar General and other discount stores have had longstanding theft issues, operating stores with just a handful of employees who have at times been victims of violent robberies and other crimes.
I do not believe this to be accurate as I have not seen any video on WorldStar showing theft at a Family Dollar, Dollar Tree, or Dollar General. This isn't Waffle House.
Posted on 3/13/24 at 4:15 pm to Ghost of Colby
Dollar General > Family Dollar.
Posted on 3/13/24 at 4:22 pm to Ghost of Colby
quote:
and nearly nine years later, they are still trying to straighten out the mess and fully integrate Family Dollar
Posted on 3/13/24 at 4:38 pm to Ghost of Colby
Last time they closed a Family Dollar near me I bought 90 bars of Dial Soap for Pennie’s on the dollar. Plus Barbasol Shavng Cream, razors , toothbrushes ,etc.
Posted on 3/13/24 at 4:39 pm to Ghost of Colby
Dollar General sells a legit microwave chicken sammich.
Posted on 3/13/24 at 6:16 pm to Ghost of Colby
The entire staff at a dollar general in Shreveport walked out the other day. I’m sure they’re wasn’t any 5 finger discounts that morning
Posted on 3/13/24 at 6:32 pm to Ghost of Colby
Never should have had that many open, to begin with.
Posted on 3/13/24 at 6:42 pm to Ghost of Colby
For all the wrong reasons, this story made me extremely happy
Posted on 3/13/24 at 6:44 pm to Ghost of Colby
They opened a Family Dollar near my house. In 6 months it looked like it had been there 30 years.
Posted on 3/13/24 at 7:25 pm to Ghost of Colby
SIAP- They all build stores across the street from each other, never was sustainable. Family Dollar losing the long game.
Posted on 3/13/24 at 7:30 pm to Ghost of Colby
Family Dollar was profitable back in the day. The Levine Foundation in Charlotte has sunk a ton of money into healthcare (Levine Cancer Institute) and the arts. Sold out at the right time.
Posted on 3/13/24 at 8:03 pm to Ghost of Colby
Only one Family Dollar and one Dollar Tree without 2 miles of my house, 3 Dollar Generals within the same radius. I’ll go to Dollar General over Family Dollar everyday of the week. It might be the poor coming out in me but Dollar General stores in general have definitely improved over the last several years, Family Dollar is still a hot mess.
Posted on 3/13/24 at 8:33 pm to Ghost of Colby
Their goal is to have a store within a few minutes drive of every house in America. Last I checked they had about 20,000 stores in the US. About 15,000 more than Wal Marks.
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