Another Family Dollar is about to close its doors for good, leaving locals at a loss when it comes to good deals.
The store on North Main Street in Dayton, Ohio, will close later this month, the owners announced, months after the dollar store chain’s parent company expressed plans to close “multiple” locations across the state. .
The series of closures announced last April already led to the permanent closure of a Dayton Family Dollar.
Now, another store in the city of 135,000 is doing the same, just months after its interior was remodeled and the parking lot was completely repaved.
The move has left some ‘scratching’ their heads, with one local leader asking: ‘Why remodel if you’re going to close?’
Another Family Dollar is about to close its doors forever, leaving locals lost
The move has left some ‘scratching’ their heads, with one local leader asking: ‘Why remodel if you’re going to close?’ The store was recently remodeled and the parking lot completely repaved. Pictured is frustrated resident Victoria McNeal.
“There are people coming from the other side of the bridge, River Commons, the Five Oaks neighborhood, all the way to Main Street,” Victoria McNeal said. WHIO-TV 7 Thursday, as “store closing” signs appeared large in the windows of the business at 1130 North Main Street.
“It’s a store with a lot of purchases.”
Citing work done just as the network announced the other 35 Ohio closures, the Riverdale Neighborhood Association representative admitted, “So we were scratching our heads.”
The store, he added, is about a mile north of downtown and has been a favorite from all walks of life.
He added that its closure, scheduled for November 23 would hurt everyone in the area, leaving them with even fewer options than before.
That said, there is a silver lining when it comes to the closure, with the owners now taking the sad occasion to unload the store’s current stock.
As a result, the store is currently selling items at a 20 percent discount, a sale they say will last all week.
But that’s not all.
The store on North Main Street in Dayton, Ohio, will close later this month, the owners said, months after the chain’s parent company conveyed plans to close other locations in the state.
“Store closing” signs took up large spaces in the windows of the former business at 1130 North Main Street. Weeks of sales will follow
When that’s said and done, the store is expected to offer discounts on the order of 30 percent, store managers said, adding that that sale will also last a week.
Another week of sales will follow: this will reduce costs for customers by a huge percentage during the Dayton Family Dollar’s final week of operation.
After that, the company will leave Ohio City, seemingly for good.
As for the reason, no reason was immediately given, but several residents who spoke to WHIO-TV 7 after the announcement blamed shoplifting.
McNeal, however, believes that is not the case and alleges that the state of the chain’s parent company, former competitor Dollar Tree, is to blame.
“People probably steal, but that can’t be the only reason it’s closed,” McNeal said.
‘I think it’s the maintenance of the staff and maybe also the salary.’
Such was the case in the spring when plans were announced to close 1,000 stores nationwide, all to offset some $1.7 billion in losses seen in just three months.
A series of closures announced last April already led to the closure of one Dayton Family Dollar (pictured) and 35 others across the state. The measures were taken to offset $1.7 billion in losses seen over three months. It is still unknown whether the recent closure was also due to economic reasons.
As for the reason, no reason was immediately given, but several residents who spoke to WHIO-TV 7 after the announcement blamed shoplifting. Others remain unconvinced
The net loss capped several disastrous years since Dollar Tree’s acquisition of the company in 2015, a deal itself valued at $8.5 billion.
To stop the bleeding, the Virginia-based outfit expressed plans to close about 600 Family Dollar stores in the first half of 2024, followed by 370 more Family Dollar closures in the coming years.
A total of 30 Dollar Trees across the country will also close as executives making the moves continue to blame the cost of living crisis and inflation.
Meanwhile, the recent closure in Dayton will have residents driving an extra 10 minutes to the next closest store once sales end, with 25 stores still in Montgomery County.
A total of about 8,000 remain elsewhere, after recent closures already affected hundreds of minimum wage workers.
Family Dollar has yet to explain the latest closure, which comes days after the sudden resignation of Dollar Tree CEO and President Rick Dreiling.
In a statement, he said it was due to personal health issues after running the company for almost two years.
Family Dollar was also recently fined nearly $50 million after admitting to holding and selling consumer products at a rodent-infested warehouse in Arkansas in February. Here you see a rat in the distribution center.
Additionally, Family Dollar was also fined nearly $50 million earlier this year after admitting to holding and selling consumer products in a rodent-infested warehouse in Arkansas in February.
The company had been charged with “a misdemeanor for causing the adulteration of FDA-regulated products while they were held in unsanitary conditions,” according to the Department of Justice.
Under a plea agreement, Family Dollar agreed to pay $41.675 million, the largest criminal monetary penalty ever in a food safety case.