Dollar Tree to close 390 Family Dollar locations, rebrand 200 others

March 6, 2019

Dollar Tree has decided to close 390 of its struggling Family Dollar stores while rebranding 200 others under its own banner. The dollar store operator reported a gain of 2.4 percent during the fourth quarter as Dollar Tree improved 3.2 percent and Family Dollar gained 1.4 percent. Adjusted earnings per share for the company were $1.93, up from $1.89 in 2018.

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