Family Dollar
Dollar Tree, a discount retailer, plans to eliminate over 390 Family Dollar shops by 2020. Customers would have to seek out alternative suppliers for personal care goods and other necessities. Around 200 of the company’s locations have also altered their names. In the future, it intends to make even more changes. They plan to raise the prices of their things in a few places soon.
Family Dollar
J.C. Penney
JC Penney has long been a mall fixture, but due to the economic slump, sales have dropped in recent months. It also suffered a dry spell during the holiday season, which caused its stock price to plunge. As a result of these conditions, the business announced the closure of 18 department shops in 2020. Furthermore, nine furniture outlets will be closed. As a result, 27 stores will be closed.
J.C. Penney