Verkkodollar tree plans to shutter nearly 1,000 family dollar stores as the discount retailer moves to revamp its business by expanding its food aisles and.

Verkkoin the latest business cycle, family dollar and dollar tree inc.

(nasdaq:dltr) are setting plans in motion to close approximately 1,000 stores.

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Verkkodollar tree will close nearly 1,000 stores and swung to a surprise fourth quarter loss as the discount retailer took a related $1. 07 billion goodwill impairment charge.

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