Discount retail

Dollar Tree to shut nearly 1000 Family Dollar stores

The decision came as the company swung to a net loss of $998.4 million in the fiscal year ended February 3.

image description image description image description
Get the latest from Inside Retail straight to your inbox.
Join over 100,000 retailers who rely on our daily news, views and intelligence - it's free.

More from Discount retail

“Innovating to parity”: Experts weigh in on Target’s new paid membership program

Ross Stores books strong results as retailer wins over constrained consumers

TJX’s growth accelerates, benefiting from consumers’ flight to value

Opinion: Welcome to Walmart, where boring is beautiful

Dollar General marks 20,000-store milestone

Digital Brands Group plots 50 stores as it expands offline footprint

Miniso notches up 100 stores in US

Dollar General’s net income plunges amid lower discretionary spending

‘Solid performer’: Dollar Tree’s net sales increase in third quarter

Walmart’s profit rises on the back of higher sales

TJX raises outlook as quarterly sales soar

Target’s revenue declines amid lower sales in third quarter

“A big vote of confidence”: Why Walmart’s store upgrades are key

From Hello Kitty to record sales: How Miniso is driving growth in Indonesia

Costco CEO Craig Jelinek to step down; Ron Vachris named as new CEO

Walmart to open highly-automated fulfillment center in California