Some NH Family Dollar Stores Might be Closing Their Doors

CNN Business says Family Dollar will close 390 stores this year and make big changes to the stores it is keeping open as the discount chain seeks a turnaround.

Family Dollar, which is owned by the Dollar Tree has over 8,000 stores nationwide. The major difference between the two stores is that Family Dollar sells items that are $10 dollars and under, while the Dollar Tree store products sell for only $1.

The article says that Family Dollar will close nearly 400 stores this year on top of the more than 120 it closed in 2018. It will also re-brand around 200 stores as Dollar Tree this year. Some other Family Dollars will keep the name, but will be stocked with $1 Dollar Tree merchandise and alcohol sections.In a press conference earlier this week, Dollar Tree CEO Gary Philbin said:

'We are confident we are taking the appropriate steps to re-position our Family Dollar brand,'It's worth mentioning that Dollar Tree is planning on stocking higher-priced items (more than $1) at their stores.

Family Dollar locations throughout the Granite State.

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