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Dollar Tree will close 1,000 stores

The Family Dollar banner continues to struggle
 
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Supermarket News Daily

MARCH 14, 2024

Dollar Tree plans 1,000 store closures

Family Dollar banner continues to struggle; Dollar Tree sees strong consumables sales.

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Category update: Strong sales for deli-prepared foods, entertaining in February

Fresh meat, frozen seafood also had a strong performance amid easing inflationary pressures.

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February online grocery sales at $7.9B, down 10% from last year

Delivery, the only method to expand sales, was up 4.7%.

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Amazon Pharmacy now a provider of LillyDirect Pharmacy Solutions

Amazon Pharmacy is now offering home delivery of select medications through LillyDirect.

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Rouses’ Marcy Nathan honored as WGA Woman of the Year

Presented during the 2024 NGA Show in Las Vegas, the award has been given annually since 1996.

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Tell us what you think...

Dollar Tree on Wednesday said it plans to close 1,000 stores, including 600 Family Dollar locations that are slated to close in the first half of fiscal 2024. Is this setback a one-off for the discount retailer due to cutbacks in SNAP benefits, or is there more trouble brewing than meets the eye?

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Let us know your thoughts in the comments here, or email the SN staff at [email protected]. And have a great rest of your week.

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