Underperforming Stores are Closing

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According to CNN, the struggling Family Dollar discount chain will close nearly 1,000 stores as parent company, Dollar Tree, has struggled to integrate Family Dollar.

Questions:

  1. What was Dollar Tree fined more than $40 M for recently?
  2. How many Family Dollar Stores will be closed?
  3. From a competitive standpoint, why is Dollar General doing better than Family Dollar?

Source:

Meyersohn, N. (2024). Family Dollar and Dollar Tree will close 1,000 stores. CNN, March 13 (Retrievable online at https://www.cnn.com/2024/03/13/investing/family-dollar-dollar-tree-closing-stores/index.html)