Family Dollar
Dollar Tree, a discount retailer, has announced that it will close around 390 Family Dollar stores in 2020. Clients would have to go somewhere else to get their personal care products and other necessities. Around 200 branches were also renamed by this company. It also intends to make additional changes. They will try to raise the prices of their products in a few stores soon.
Family Dollar
J.C. Penney
J.C. Penney has been a mall staple for several years, but its sales have been declining for several months. In addition, it experienced a dry spell during the holiday season, which resulted in a drop in stock value. As a result of these factors, the company has decided to close 18 department stores by 2020. Not only that, but it also intends to close nine furniture stores. This means that a total of 27 locations will be closed.
J.C. Penney
