Dollar Tree plans to close 1,000 US stores.

Dollar Tree plans to close nearly 1,000 stores in the US, including 600 Family Dollar Stores in the first half of 2024 and an additional 370 over the next years. The company reported an operating loss of $1.89bn and a -21.9% operating margin in the fourth quarter. The decision is due to a $1.07bn goodwill impairment charge.

March 13, 2024
79 Articles