Jul
01

Family Dollar to Close 30 Stores in the Carolinas

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Family Dollar Stores Inc. will close 30 stores in the Carolinas as part of a companywide effort to improve financial performance.

The Matthews-based discount retailer has seen its earnings falter during the last 18 months. It announced in April that it would close 370 underperforming stores, slow new-store growth and take other strategic actions, including job cuts.

That list of underperforming stores includes 19 in North Carolina and 11 in South Carolina. Three Charlotte region stores in Concord, Bessemer City and Oakboro will close.

Each Family Dollar store employs eight to 10 workers. That means as many as 3,700 employees companywide could be affected by the closings. Family Dollar “will do our best to place impacted Team Members at nearby stores,” spokeswoman Bryn Winburn writes in an email.

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