Angle down icon An icon in the shape of an angle pointing down. Nearly 1,000 Family Dollar locations are set to close in the coming years, starting with 600 in the first half of 2024. Reuters
- At least nine retail brands have said they’re closing US stores in 2024, totaling some 1,280 locations.
- Family Dollar is the largest chain on the list, planning to close at least 600 stores this year.
- Other companies, such as Walmart and TJX, are closing a few stores while opening many more.
A Business Insider tally of disclosures from nine retail chain brands found as many as 1,290 stores have closed or are set to close across the US in 2024.
The number is down considerably from prior years, including last year, when the collapse of Bed Bath & Beyond contributed to a total of more than 2,800 locations shuttering.
Analysts at UBS think the total number of US retail closures could…