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Dollar General rival to close another major store amid financial troubles, but will hold a huge sale first
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Dollar General rival to close another major store amid financial troubles, but will hold a huge sale first

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, its owners announced — months after the dollar store chain’s parent company broadcast plans to close “multiple” locations across the state.

The series of closures announced last April already closed one Dayton Family Dollar permanently.

Now another store in the city of 135,000 is following suit, just months after its interior was renovated and its parking lot completely redesigned.

The move has left some scratching their heads, with one local leader asking: ‘Why renovate if you’re going to close?’

Dollar General rival to close another major store amid financial troubles, but will hold a huge sale first

Another Family Dollar is about to close its doors for good, leaving locals at a loss

The move has left some scratching their heads, with one local leader asking: 'Why renovate if you're going to close?' The store has recently been renovated and the parking lot has been completely redesigned. Pictured is frustrated resident Victoria McNeal

The move has left some scratching their heads, with one local leader asking: ‘Why renovate if you’re going to close?’ The store has recently been renovated and the parking lot has been completely redesigned. Pictured is frustrated resident Victoria McNeal

“There are people coming from across the bridge, River Commons, the Five Oaks neighborhood, Main Street,” Victoria McNeal told WHIO-TV 7 Thursday, as “store closing” signs loomed large in the windows of the business at 1130 North Main St.

“It’s a busy store.”

Citing the work done around the timeframe announcing the 35 other closures in Ohio, the Riverdale Neighborhood Association representative admitted, “So we were scratching our heads.”

The store, she added, is about a mile north of downtown and was a favorite of all walks of life.

She added how its closure is planned So 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, as owners are now taking the sad opportunity to unload their current store stock.

The location is currently selling items at a 20 percent discount, a discount 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, its owners said — months after the chain's parent company broadcast plans to close other locations in the state

The store on North Main Street in Dayton, Ohio, will close later this month, its owners said — months after the chain’s parent company broadcast plans to close other locations in the state

“Store Closing” signs loomed large in the windows of the long-standing business at 1130 North Main Street. Weeks of sales will follow

“Store Closing” signs loomed large in the windows of the long-standing business at 1130 North Main Street. Weeks of sales will follow

Once that’s said and done, the store is expected to offer discounts of 30 percent, store agents said — adding that that sale will also last a week.

Then comes another week of sales, further reducing costs for customers during the Dayton Family Dollar’s final week of operation.

Then the company shuts down in the Ohio city – seemingly for good.

For a reason, one wasn’t immediately given, but several residents who spoke to WHIO-TV 7 in the aftermath of the announcement blamed shoplifting.

However, McNeal believes this is not the case, claiming that the plight of the chain’s parent company, former competitor Dollar Tree, is to blame.

“People probably steal, but that can’t be the whole reason why you’re closing,” McNeal said.

I think it’s about staff maintenance and maybe also about pay.’

That was the case in the spring, when it announced plans to close 1,000 stores nationwide, all to offset losses of some $1.7 billion in just three months.

A series of closures announced last April have already shuttered one Dayton Family Dollar (pictured) – and 35 others across the state. These measures were taken to offset losses of $1.7 billion in the past three months. It remains unknown whether the recent closure was also for financial reasons

A series of closures announced last April have already shuttered one Dayton Family Dollar (pictured) – and 35 others across the state. These measures were taken to offset losses of $1.7 billion in the past three months. It remains unknown whether the recent closure was also for financial reasons

For a reason, one wasn't immediately given, but several residents who spoke to WHIO-TV 7 in the aftermath of the announcement blamed shoplifting. Others are still not convinced

For a reason, one wasn’t immediately given, but several residents who spoke to WHIO-TV 7 in the aftermath of the announcement blamed shoplifting. Others are still not convinced

The net loss ended the disastrous years since the company was acquired by Dollar Tree in 2015 – a deal that itself was valued at $8.5 billion.

To stem the bleeding, the Virginia-based company announced its plans to close about 600 Family Dollar stores in the first half of 2024, followed by another 370 Family Dollar closures in the coming years.

A total of 30 Dollar Trees across the country will also be closed, as executives taking these steps continue to blame the cost of living and inflation.

Meanwhile, the recent closure in Dayton means residents will have to drive an extra 10 minutes to the nearest store once the sale is over — with 25 stores remaining in Montgomery County.

In total, about 8,000 have remained elsewhere after recent closures already affected hundreds of minimum wage workers.

Family Dollar has yet to explain the latest closure, which comes just days after the sudden resignation of Dollar Tree CEO and Chairman Rick Dreiling.

In a statement, he said this 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 in February to storing and selling consumer products from a rodent-infested warehouse in Arkansas. Here you can see a rat in the distribution center

Family Dollar was also recently fined nearly $50 million after admitting in February to storing and selling consumer products from a rodent-infested warehouse in Arkansas. Here you can see a rat in the distribution center

In addition, Family Dollar was also fined nearly $50 million earlier this year after admitting in February to storing and selling consumer products from a rodent-infested warehouse in Arkansas.

The company had been charged with “one felony count of adulterating FDA-regulated products while held in unsanitary conditions,” the Justice Department said.

Under a settlement, Family Dollar agreed to pay $41.675 million – the largest criminal fine ever imposed in a food safety case.