A Massive Discount Retailer Now Makes An Unexpected Closure

A massive discount retailer now makes an unexpected closure customers did not expect after 35 years in business.

Dollar Tree customers have slammed the company for shutting down one of its locations after 35 years in business in Boise, Idaho, reports The-Sun.

“Shoppers were left heartbroken after finding out their local Dollar Tree in Northwest Boise, Idaho closed down for good.”

“It will be missed. This is the second business to leave the Collister Shopping Center related to lease rates. The former bowling alley preceded this.”

The assistant manager of the location, Eric Palmer, revealed that rent hikes caused the closure, according to Boise Dev.

He believes that this will be a major loss to the community, especially for those who have limited transportation.

“Especially the elderly, they walk or ride their scooters here because it’s the only store close by,” Palmer said.

“This closure will impact a lot of people.”

Dollar Tree announced that it would be closing 600 of its locations in 2024.

The company also plans to shut down 370 Family Dollar stores within the next few years once the leases ends.

The retailer previously divulged that the company has been struggling due to inflation.

Customers are now looking to get the best deal and compare prices, while others have been resorting to shoplifting which has been hurting the business’s profits.

Last month, customers were also dealing with the impacts of Family Dollar being shut down.

The Conesville, Ohio location at 16160 Township Road 287 announced that it was closing its doors after years of supporting the community.

The store opened up in 2021 intending to employ seven to 10 additional sales associates, reported the Coshocton Tribune.

However, after the shutdown was announced it was revealed that almost all of the employees were let go, per a layoff notice.

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Also Read: A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy

Market News Today - A Massive Discount Retailer Now Makes An Unexpected Closure.
Market News Today – A Massive Discount Retailer Now Makes An Unexpected Closure.

A massive furniture store is now closing after 100 years in business with no plans to keep operations running, sources confirm.

Union Furniture Company first opened in 1912, four months after the sinking of the Titanic.

Despite shifts in ownership throughout the years, the Becker family was able to keep the store’s doors open in Macon, Georgia, just over 80 miles south of Atlanta, until recently.

Simon Becker, the grandson of the store founder and his namesake, told LOCAL CBS affiliate WMAZ that he has been with the company since 1984.

“I spent 40 years here,” Becker said.

“My father and my uncle before me, my grandfather before that.”

He revealed to the outlet that approximately nine months ago, he decided he would need to close the store.

“But I don’t have anybody following me, so it was going to happen either now or sometime in the relatively near future anyway,” Becker said.

For 112 years, the Union Furniture Company has sold couches, coffee tables, washers, and more.

Becker told the outlet that the store has had repeat customers that go back 20, 30, and even 40 years.

“We’ve had the grandchildren of people we’ve done business with, do business with,” he said.

He called the decision to close “difficult” and “very emotional”, reports The-Sun.

Becker is planning to host a closing sale at the Macon store starting on Wednesday, April 24.

Everything in store is set to be sold with discounts as high as 50% off.

Once everything is gone, Becker said the store will officially close.

He told the outlet that he and his family are grateful to the Macon community that has been their home for decades.

“So thankful to the community for everything that they’ve done for us and we’ve done for them as well,” he said.

“Providing furniture for generations of people in the Macon community.”

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Also Read: A Massive Grocery Chain With 400 Stores Is Now Closing

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Market News Today - A Massive Discount Retailer Now Makes An Unexpected Closure.
Market News Today – A Massive Discount Retailer Now Makes An Unexpected Closure.

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