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45°
Tuesday, may 14
Tag:
US Economy
Business
Family Dollar, Dollar Tree To Close 1,000 Stores
Discount chain Family Dollar and parent company Dollar Tree will close a combined 1,000 stores. Family Dollar will shut down 600 stores in 2024 and 370 stores over the next several years as store leases expire. Dollar Tree will close 30 locations as leases expire. The company made the announcement Wednesday morning, March 13. Family Dollar has around 8,000 US locations and Dollar Tree has The company said it initiated a review of its stores in the fourth quarter of 2023. It involved "identifying stores for closure, relocation, or re-bannering based on an evaluati…
Business
Covid-
19: Cargo Ships Piling Up At US Ports Amid Supply Shortages For Businesses
Scores of cargo ships have recently gotten stuck waiting to dock at United States ports as the country continues to face COVID-19 supply-chain-related product shortages. The Daily Mail reported on Saturday, Sept. 25, dozens of ships were stuck at the three busiest ports in the US, including more than two dozen ships off the Long Island shore. The news outlet added that the Port of New York, New Jersey, and Los Angeles faced similar issues caused by an increase in imports. Related - COVID-19: Supply-Chain Issues Causing Shortages Of Items At Supermarkets, Other Retailers Stores …