https://www.cbsnews.com/news/dollar-tree-store-closings-2024/
In fiscal 2023, Family Dollar had an operating loss of $2.6 billion, compared to an operating income of $127.5 million in 2022.
In March 2024, Dollar Tree announced that it would close 600 Family Dollar stores in the first half of 2024, and allow another 370 stores to close when their leases expire.
In June 2024, Dollar Tree announced that it was considering selling or spinning off Family Dollar.