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Discount stores were thriving. How did they stumble?

Summary by The Week
Discount "dollar stores" were booming not so long ago, reaching into small towns and urban neighborhoods across the country. No longer: Dollar Tree last week announced the sale of its Family Dollar subsidiary for a fraction of what the company paid to buy the business a decade ago.Dollar Tree purchased Family Dollar for $8.5 billion. Now Family Dollar is being sold to two private equity firms for $1 billion, "far less" than Dollar Tree originall…

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Discount stores were thriving. How did they stumble?

Discount "dollar stores" were booming not so long ago, reaching into small towns and urban neighborhoods across the country. No longer: Dollar Tree last week announced the sale of its Family Dollar subsidiary for a fraction of what the company paid to buy the business a decade ago.Dollar Tree purchased Family Dollar for $8.5 billion. Now Family Dollar is being sold to two private equity firms for $1 billion, "far less" than Dollar Tree originall…

·Washington, United States
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legalizationprofiles.orglegalizationprofiles.org

A Real Story! Dollar General Closes 100 Stores: The Real Reasons Behind the Closures - Legalization Profiles

Dollar General, one of the largest discount retailers in the U.S., is facing a significant shift in its business strategy with the recent announcement that it is closing nearly 100 of its locations. This decision has raised questions about the retailer’s future plans, the reasons behind the closures, and what it means for customers and employees. While Dollar General has been known for its rapid expansion, the company is now making some tough ch…

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legalizationprofiles.org broke the news in on Sunday, March 30, 2025.
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