Family Dollar
Dollar Tree, a discount store, has announced that it will close about 390 Family Dollar stores in 2020. Clients will have to go somewhere else to get their personal care goods and other necessities. This organization has decided to rename about 200 branches. It also intends to make further improvements. They will try to raise the prices of their goods in a few stores soon.
Family Dollar
J.C. Penney
J.C. Penney has been a mall mainstay for years, but its revenues have been declining in recent months. It had a dry spell during the holiday season, and its stock value fell. As a result of these factors, the company has decided to close 18 department stores by 2020. Not only that, but it also intends to close nine furniture stores. This means that a total of 27 sites will be closed.
J.C. Penney