According to this CBSNews.com article, Dollar Tree announced that it is closing 600 of its Family Dollar store locations in 2024. 

 

On top of that, the discount retailer also plans to close an additional 370 Family Dollar stores, plus 30 Dollar Tree locations over the next few years, at the end of their leases. In total, the planned closures represent about 15% of its Family Dollar locations.

 

The retailer's family of brands has struggled as inflation impacts its low-income shoppers' wallets. More customers are shopping around and comparing prices at competing retailers to ensure they are getting the best deal, while more incidences of shoplifting are also hurting its bottom line, the retailer has said. 

 

The closures could hit some communities hard, according to Dominick Miserandino of RetailWire. 

 

"They might be the only store that serves the entire community in this area," Miserandino told CBS News. "They might have been one of the few jobs in the community."

 

Click HERE for the rest of the story and the list of stores closing. West Virginia has one store closing in Elkins. The Family Dollar stores located in Clarksburg's Rosebud Plaza, Nutter Fort, and Shinnston are not on the list