Family Dollar May Close Up To 390 Stores, Rebrand Others: Report

Dollar Tree To Acquire Family Dollar Stores For $8.5 Billion

Discount chain Family Dollar is making big changes in the coming months.

The chain announced it's closing as many as 390 underperforming stores this year. The total number of stores closing may change depending on the company’s ability to achieve material rent concessions from landlords. 

"Without such concessions, the Company expects to accelerate its pace of store closings to as many as 390 stores in fiscal 2019,"said a news releasesent out Wednesday morning.

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