Contact Us

Discount Store Chain to Close Hundreds of Outlets

Family Dollar stores, known for their cut-rate pricing, will be facing some cuts themselves.  The Detroit Newsis reporting today that the chain will close nearly 400 underperforming stores and likely leave an equal number of workers without jobs.

Hundreds of stores to close leading to job losses, but more stores to open

Company officials are confirming about 370 stores could be shuttered in an attent to trim up to $45 million from the budget.   Other stores,though, will open next year.

The announcement comes as Family Dollar reported declines in profits and revenue for the  second quarter of the year.

The report indicates company officials admit the harsh winter weather may have contributed to the decline with delayed shipments along with higher-than-expected utility and maintenance costs.

The numbers, though, were very critical to success of the discount chain.  The first quarter figures included the critical holiday shopping period.  Company officials say they were outpaced by larger stores that had bigger promotional budgets.

Join Jo Anne Paul and Steve Gruber weekdays from 5:30 to 9 AM on 1240 WJIM-AM and the Stations of the Michigan Talk Network.  Join the discussion by calling our hotline at (888) 900-9966!

 

More From 1240 WJIM | WJIM-AM | Lansing's BIG Talker

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wjimam.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 1240 WJIM | WJIM-AM | Lansing's BIG Talker quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on 1240 WJIM | WJIM-AM | Lansing's BIG Talker quickly by logging in with your Facebook account. It's just as secure, and no password to remember!