The new Dollar Tree store has opened at 2321 University Boulevard W. in Wheaton. Until recently, this was a CVS Pharmacy. Further in the past, it was a Toys R Us or Juvenile Sales toy store. The new Dollar Tree is open 8:00 AM to 9:00 PM Monday through Saturday, and 9:00 AM to 9:00 PM on Sundays.
A true indicator of the economic conditions of this community. They also have an unstable future.
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Dollar Tree to close up to 390 Family Dollar stores
Associated Press
This Aug. 19, 2014 photo shows the Family Dollar store in Ridgeland, Miss. Dollar Tree is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name. The company closed 84 Family Dollar stores in the fourth quarter, 37 more than originally planned. (AP Photo/Rogelio V. Solis, File)
CHESAPEAKE, Va. — Dollar Tree is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name.
The company closed 84 Family Dollar stores in the fourth quarter, 37 more than originally planned. The company has said that it will renovate at least 1,000 stores this year.
Dollar Tree Inc., based in Chesapeake, Virginia, acquired Family Dollar in 2015 for almost $9 billion.
The company said Wednesday that it's seeking rent concessions from landlords at the 84 stores closed late last year and if it doesn't get them, it'll speed up the pace of store closings to as many as 390 locations. Dollar Tree closes about 75 stores annually.
The company had 15,237 stores in 48 states and five Canadian provinces as of Feb. 2.
Glad it is within walking distance and fills an empty storefront. I give it 18 months before they close due to theft issues.
ReplyDelete@12:05 PM - your article is from 2019. Anything about retail from before the Pandemic is ancient history.
ReplyDeleteMore timely for you? https://www.yahoo.com/lifestyle/dollar-general-family-dollar-closing-193804155.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGlOdktwZeFy_fw8JYjxiBMkeh-GZha9AY5ubZGpktLvmN5QdoFhGYkva2YNkJBc4MFyld8mV0MEPaIOgOY-2cZkHPAraanHGsANd4QUKzFWviAfjo4tZKJzAxVGNjfVxKqYh8u0-_JOOX1pSlPf-3LAJve_tx6db2QIRzmy0kG5
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