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Family Dollar

Business
Family Dollar, Dollar Tree To Close 1,000 Stores Family Dollar, Dollar Tree To Close 1,000 Stores
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…

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by Joe Lombardi
Business
Recall Issued For Hot Glue Guns Due To Fire, Burn Hazards Recall Issued For Hot Glue Guns Due To Fire, Burn Hazards
Recall Issued For Hot Glue Guns Due To Fire, Burn Hazards More than a million glue guns sold nationwide at dollar stores are being recalled due to concerns of fire and burn hazards, the Consumer Product Safety Commission (CPSC) announced. A total of approximately 1,025,000 Crafter’s Square Glue Guns sold at Dollar Tree and Family Dollar stores sold between August 2020 and February 2022 are being voluntarily recalled after complaints were made by consumers. There have been a total of seven reports of electrical malfunctions when using the glue guns, including four reports of fire and one report of skin irritation. According to CPSC, the defectiv…

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by Zak Failla
Business
Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy
Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy KB US Holdings, the parent company of Kings Food Markets and Balducci’s Food Lover’s Market, which has locations throughout the region, has filed for Chapter 11 bankruptcy amid the COVID-19 pandemic. The company announced this week that “it has accepted a stalking horse bid from TLI Bedrock to purchase the company for $75 million.” To facilitate the sale, KB and its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York. Kings currently operates 25 specialty supermarkets, including 23 in New Jerse…

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by Zak Failla
Business
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree To Shut Down 390 Family Dollar Stores
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree is closing at least 390 Family Dollar stores and will rebrand 200 others, the company announced in releasing its fiscal fourth-quarter earnings this week. Dollar Tree CEO Gary Philbin announced the plans on Wednesday, which will include renovating some locations to sell alcohol and $1 Dollar Tree merchandise sections. As many as 400 stores will get expanded refrigeration sections and some Family Dollar discount stores will be rebranded to the Dollar Tree brand. In total, the discount chain lost approximately $2.3 billion by the end of the fourth quarter. “We are further acceler…

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by Zak Failla
Lifestyle
Recall Alert: Pharma Company Pulls Infant Ibuprofen From CVS, Walmart, Family Dollar Recall Alert: Pharma Company Pulls Infant Ibuprofen From CVS, Walmart, Family Dollar
Recall Alert: Pharma Company Pulls Infant Ibuprofen From CVS, Walmart, Family Dollar Tris Pharma, Inc. has voluntarily recalled a popular infant’s Ibuprofen product that is being sold at Walmart, CVS and Family Dollar. The recalled lots from the three stores include Infants' Ibuprofen Concentrated Oral Suspension, USP (NSAID) 50 mg per 1.25 mL, to the retail level. The recalled products have been found to potentially have higher concentrations of ibuprofen. According to the company, there is a “remote possibility that infants, who may be more susceptible to a higher potency level of drug, and therefore may be more vulnerable to permanent NSAID-associated renal injury.” Adv…

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by Zak Failla
Police & Fire
Know Them? Pair Allegedly Made Fraudulent Purchases In Area Know Them? Pair Allegedly Made Fraudulent Purchases In Area
Know Them? Pair Allegedly Made Fraudulent Purchases In Area State Police investigators have released surveillance photos of a pair believed to be frequenting Orange County stores and making a series of fraudulent charges over the span of nearly a month. Members of the Middletown Bureau of Criminal Investigation released the photos on Wednesday, of two alleged suspects who have frequented several Rite Aid, Dollar General, Family Dollar and Walmart locations between April 5 and April 28, making the alleged fraudulent purchases. According to police, stores in Middletown, Newburgh, Montgomery and Monroe were all victimized by the alleged suspects. Inves…

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by Zak Failla