Family Dollar stores are often in areas with few supermarkets, big box stores and other retail options. Family Dollar stores were in worse condition than Dollar Tree expected when it acquired the business, analysts say. Family Dollar, Dollar Tree, Dollar General and other discount stores have had longstanding theft issues, operating stores with just a handful of employees who have at times been victims of violent robberies and other crimes. Last year, Dollar Tree announced it would review its entire portfolio of Family Dollar stores to identify underperforming locations. Dollar General boomingAs Family Dollar struggled, rival Dollar General boomed.

Source: CNN March 13, 2024 13:19 UTC