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Family Dollar Will Close Nearly 400 Stores

from CNN Business

Family Dollar will close 390 stores this year — one of many big changes the discount retailer hopes will help reverse its fortunes. The chain courts low-income shoppers with an array of items sold for under $10 at its more than 8,000 stores. It is owned by the Dollar Tree, which operates an eponymous chain of 7,000 other stores in suburban areas. Dollar Tree stores cater to customers who make more than Family Dollar customers do, but all of their products sell for only $1. more


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