This popular reduction chain is closing, from June 27

Budget buyers may not be lucky in certain areas.


Buyers did not have It's easy in recent years. Risking an exhibition covids to manage the reverse of the endless supply chain, the simple fact of going to the store has become a new type of challenge. This does not help prices are currently higher than ever, because record inflation haspushed the costs of most articles considerably. Now there may be another obstacle that strikes customers looking to be economical. A popular reduction chain plans to close some of its locations in the coming weeks. Read the rest to discover what stores disappear.

Read this then:This emblematic channel closes the stores, from tomorrow.

A number of low -cost retailers had to close the stores recently.

sign for family dollar
Bruce Vanloon / Shutterstock

Overall, low -cost discount and costs stores seem to be doing very well. The largest store companies at a dollar - General Dadolar, the dollar and the family dollar - increased almost half ofAll new store openings For the United States in 2021, according to CNBC. But for one reason or another, even these retailers had to extinguish the lights in certain places.AE0FCC31AE342FD3A1346EBB1F342FCB

On June 17, Family Dollarpermanently closed a location In James City, North Carolina, and following a temporary closure of more than 400 stores, the company also closes a distribution center in West Memphis, Arkansas. Earlier this month, it was also reported that Dollar Generalwill closure One of its stores soon. According toMansfield News Journal, a general market in dollars - which is generally double the size of the company's regular stores - located in the West Park shopping center in Mansfield, Ohio,will be closed July 18.

And for good business hunters, closings are far from over.

Now another reduction chain is closing locations.

Going out of Business sign of a restaurant, cafe bar, or pub. Concept of indefinite closure, suspension, bankruptcy or going out of business.
Whisper

On the basis of local reports, it seems that the Salvation Army is also preparing to closeSome of its locations Around North America. Army of salvation in Duluth, Minnesota will officially close his thrift store on July 1, reported Fox 21 News. "We want to let people know that, like the Salvation Army, our services do not end, we simply cannot do a retail store," said the captainTeri Ellison told the media, noting that the store closed after 40 years due to a financial loss and a lack of staff.

Other closures will occur even earlier. The Salvation Army isceasing all operations In Thompson, a city in Manitoba, Canada, June 27, according to theCitizen of Thompson. Unlike the closure of Duluth, this closure has an impact on the entire presence of the organization in the region, which includes a thrift store and a food bank.

MajorAl HoeftA spokesperson for the Salvation Army Prairies Division, told the newspaper that a variety of factors have played in the organization's decision to leave Thompson. "Over the past decade, there have been several communities that we had to stop operations," said Hoeft. "And it's just, at this stage, the next one. It is unfortunate, but it is in a way the reality of the work in which we are, that it will happen when we have to make the difficult decision to leave a community . "

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The Salvation Army is also affected by inflation at the moment.

Whisper

Inflation has recently flipped to the United States, with the consumer price index (ICC)climbing 8.6% In May 2022 compared to the same period last year - the highest increase in more than 40 years, according to CNBC. And second -hand stores are not immune to benefits.Greg Tuck, the deputy secretary of relations and development of the community and the development of the Salvation Army, saidWall Street's journal in May, while prices in the thrift stores of the charity areDefined by individual locations, they went up to some.

This could be confusing for buyers, because stores like the Salvation Army do not have to buy their inventory and acquire their products by tax deductible donations, byWall Street's journal. But as with all stores, they have to pay other operational factors such as staff, public services and rent. "We are always trying to make sure that people earn a habitable salary," Tuck told the newspaper.

The company always strives to reassure its customers.

The Salvation Army logo sign in Northampton town centre.
Whisper

Despite the closure of stores and the increase in costs, the Salvation Army is still working to provide its standard service to customers. According to Tuck, the company's stores do not increase unreasonable prices for frugal buyers. "We must make sure that there are things for them who are affordable," he saidWall Street's journal , adding that $ 1 t-shirts and $ 5 jackets do not disappear.

Another concern among these buyers at the moment is that thrift stores will lack inventory while more and more people are turning to second -hand purchases, especially in the middle of increasing inflation. "I don't think we will never be in a place where we have no things," said Tuck customers in his interview with the newspaper. "Part of our culture in America is that we are consumers and that we are replaceers, and we just hope that the public always considers it as a viable place to make this kind of donations."

Read this then: This emblematic chain of restaurants has just closed its last location .


Categories: Smarter Living
Tags: News / / Saving Money
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