Family Dollar
The discount retailer Dollar Tree has stated that it will close approximately 390 Family Dollar stores in 2020. This would force its clients to look for another store where they could buy personal care products and other essential items. The company has also decided to rename the brand of around 200 branches. It may not be the only change that they will implement. They are soon going to try charging their customers more than $1 in several stores.
Family Dollar
J.C. Penney
J.C. Penney has enjoyed its position as a mall staple for years, but just like other retailers, it has experienced a decrease in sales in the last few months. After it experienced a dry spell during the holiday season and a decline in its stock value, the company finally announced that it would be closing 18 of its department stores in 2020. Also, it will close 9 of its furniture stores, bringing the total number of store closures to 27.
J.C. Penney
