Though some discount stores like ALDI are seeing an uptick in business due to the economic challenges many shoppers are facing right now, there’s one surprising chain that’s struggling more than we knew. Supermarket News reports that Dollar Tree has announced the upcoming closure of 1,000 stores in the first half of this year, 600 of which are under the Family Dollar brand and 400 of which are Dollar Tree locations. Despite the company’s dismal outlook, however, there’s one category that is...
When stores close, it can lead to a time of mourning to those who found comfort in their aisles and departments.
Dollar stores have popped up almost everywhere in the US over the last decade or so. But Family Dollar is about to shrink.The chain will close about 1,000 stores in the coming years, parent company Dollar Tree said last week. That's about 13% of all Family Dollar stores in the US.Dollar Tree executives pointed to several reasons for closing the stores on last week's earnings call. Some are facing stiff competition from rivals. Some are coping with high rates of retail theft, even though Dollar...
Michaels shoppers will not be able to shop at any of the arts and crafts chain's locations next Sunday.
Best Buy is looking to close some stores this year and work to offer a smaller experience for customers in some markets.
Family Dollar and its parent company, Dollar Tree, will close more than 1,000 stores soon.
ROCHESTER, N.Y. (WROC) — Wegmans announced Thursday that it would be closing certain stores for 30 minutes during the total eclipse on April 8. Wegmans said it will be shutting down 48 stores in upstate New York and in Erie, PA from 3:00 to 3:30 p.m. to give employees the opportunity to view the eclipse. []
Shoplifting and inflation have taken a toll on the once ubiquitous dollar stores
Marks and Spencer is cutting down its "full line" branches
Two devices conspicuously missing from Microsoft's Surface and AI event last fall are finally here — and they're both what we expected and a bit surprising. Today, Microsoft unveiled the Surface Pro 10 and Surface Laptop 6, sporting the same designs as the previous models but now with the AI smarts of Intel's new Core Ultra CPUs. You won't be able to buy them at Best Buy, Target or any other retailer selling Surface Devices, though. Both of these computers have the foreboding words "for...
Microsoft has announced a new cache-store system called Garnet, which, as per the company, will exploit the latest hardware capabilities at a greater level and help app developers run their apps faster. Garnet is open source and has already deployed in Windows & Web Experiences Platform, Azure Resource Manager, and Azure Resource Graph. In its […]
Joann Inc, the owner of the Joann chain of sewing and fabric stores, is filing for Chapter 11 bankruptcy, the company has announced. The move comes after the chain has struggled with declining sales in recent years. As a result of its changing financial situation, Joann stock will also be delisted from the Nasdaq. The company was founded in Cleveland in 1943 and currently has 829 stores in 49 states. The good news for both customers and employees is that it doesn’t appear that any Joann...