Dollar General and Family Dollar are closing stores, from December 3
Dollar stores are to close locations for various reasons.
The retail industry has been faced with incredible volatility in recent years. With financial challenges born from the cocovated pandemic and the increase in inflation, companies were forced to analyze their costs andcut the locations Across the country. Popular channels likeBed bathtub and beyond, CVS and Best Buy have all the stores closed in the United States only this year. Now, even the chains of popular dollars stores, which have increased in popularity during difficult economic times, are preparing for shutter stores. Read more to find out where the general dollar and the family dollar are closing locations, from next month.
Read this then:Walmart closes stores in these places, from now.
Dollars stores have managed better than other retailers recently.
Inflation of the United States has reached a 40-year record in June when the Consumer Price Index (ICC) has increasedBy 9.1%, according to the work statistics office (BLS). And although the September IPC is less than 8.2%, it is still much higher than expected. But as other retailers are faced with significant challenges with consumption expenditure in an increased case, the dollar store chains have experienced substantial growth. In August,The New York Times indicated that two of the largest American channels - General DolarHigher sales and profits During their last quarter.AE0FCC31AE342FD3A1346EBB1F342FCB
According to the newspaper, it is a sign that buyers moved to acquire retailers thanks to the rise in prices elsewhere. The two companies indicated that high income buyers also visited their stores more often. "The consumer tries to reach both ends, and when you have limited funds in your portfolio, dollars stores offer the possibility of doing so,"Joseph Feldman, a main analyst of Telsey Advisory Group, saidThe New York Times.
However, this positive trend is not enough to keep all the stores in dollars open to the public, and there are closings on the horizon.
Dollar General and Family Dollar soon firmly stores.
Despite recent manneurs, two popular dollars store channels are preparing to permanently close the locations in the general US dollarrecently confirmed that he closes one of his stores in Indianapolis, Indiana, local WRTV Abc-Affiliate reported on October 18. And a family dollars store in Norwalk, Ohio, isAlso, theNorwalk Reflector reported on November 2.
According to the newspaper, Dollar Family employees in Norwalk said the store would close its doors on December 3. For the general closure of the Indianapolis dollar, the employees told WRTV that the store would also closure in early December, but an exact date had not yet given.
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Family Dollar said that the coming closure was not his decision.
The Norwalk Family Dollar has published a note to buyers, declaring that the closure is "due to circumstances independent of [their] control". SpeakNorwalk Reflector, the employees say that the owner of the store building - Brack Enterprises LTD, which also has other stores on the square - will use the store space at a dollar for its own business. Family Dollar plans to "find another location" for her store.
"All our staff wishes to extend our sincere thanks to all our wonderful and faithful customers. It was a pleasure to have served this great community since 1987," said the store in its letter. "For your continuous shopping needs, there are stores located in Bellevue and two stores in Sandusky, one in Perkins Avenue and one on Cleveland Road where some of our employees will move. We hope to see you."
But Dollar General said he was choosing to close this location.
Dollar General, on the other hand, did not indicate that he would open another place in Indianapolis. In a statement, a company manager told WRTV that the decision to close the store had been taken "after special attention" by the company. "Dollar General continuously assess our stores and how to best serve our customers," they said.
Residents of the region told the media that they thought that crime was to blame for the general closure of the dollar. The files of the Indianapolis Metropolitan Police Department (IMPD) indicate that the Dollar General Store which will soon be closed reported at least 99 flights and / or flights in the past five years, according to WRTV. "It must be because of crime and violence," Reverend Charles Harrison - President of the Tenpoint Coalition, an organization working to slow down violence in the region - won the media.
Harrison added: "I know that people are afraid of coming to the store, especially the night because of the history of flights that have occurred and people have the impression that it is no longer sure."
