Family Dollar
Family Dollar was an affordable option for many, but perhaps it wasn’t enough. Dollar Tree, which owns Family Dollar, announced that up to 390 Family Dollar stores will be shut down. Additionally, about 200 stores will be renamed. The company will also experiment with charging more than $1 for items.
Shopko
Shopko originally announced that it will be closing down 70% of all of its branches by the middle of May. However, it recently announced that all of its locations will be closing down for good. In January, the company filed for bankruptcy. The company hoped that a buyer would save what was left of the company, but it was unable to find a buyer.
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