A massive discount store now has a 75% off closing sale as it prepares to shutter for good in just days, sources confirm.
Family Dollar is closing another store in the same city already hit by two closures.
The closing location in the Arlington neighborhood of Jacksonville, Florida, is just one of hundreds of Family Dollar stores shutting down nationwide.
The downtown store is set to shutter in a matter of days, according to the Jax Daily Record.
It may come as a shock to some as another location in the neighborhood shuttered just over a month ago.
The soon-to-be closed store has a closure sign in the window scheduling the closure for May 25 at 7 pm.
There is even a 75% off sale at the location but according to an employee there, much of the merchandise had already been sold by May 20, they told the Daily Record.
The store clerk claimed that the closure came due to poor sales.
However, employees will be transferred to other Family Dollar.
In addition to this, a Family Dollar in East Arlington is also scheduled for closure this week.
The closure at Monument is also holding a 75% off sale and is set to close at 7 pm, though no day has been specified, according to the Daily Record.
Family Dollar’s parent company Dollar Tree announced in March that 1,000 stores would be shuttering across the country.
The first store named as part of these closures was in Dames Pointe Plaza in Arlington, which held a 50% off sale.
Under plans for the mass closures, around 600 Family Dollar stores are set to close in the first half of 2024.
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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois
Other Economy News Today
An unexpected restaurant now abruptly closes 7 locations in one state after revealing plans to shutter a total of 36.
TGI Fridays is closing a total of seven restaurants in one state as part of the company’s ongoing growth strategy.
This comes after the chain abruptly closed 36 locations across 12 states in at the beginning of the year, per The-Sun.
The restaurant chain will pull the plug on seven locations across the state of New Jersey in the coming weeks.
Today, Fridays will welcome in famished diners at its location in Brick for the final time.
“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Weldon Spangler, CEO of TGI Fridays earlier this week.
“We are at the helm of a pivotal moment that will allow us to explore boundless advancement, expansion, and innovation to keep delivering ‘That Fridays Feeling’ that our fans know and love.”
Before the closures, TGI Fridays had about 270 US locations, according to the company’s website.
“As part of the store closures, TGI Fridays is offering more than 1,000 transfer opportunities, which represents over 80% of total impacted employees,” the company previously said in a statement.
“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said Ray Risley, US president and chief operating officer, in the release.
Eight other locations were sold to former CEO Ray Blanchette, a longtime stakeholder who will acquire the previously corporate-owned restaurants.
The sale comes as major changes have been made to the brand’s leadership, including the news of Weldon Spangler being made CEO.
“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Spangler in a statement.
Also Read: Retirees Will Now Receive More Money For Social Security
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