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Dollar Tree confirms 600 new stores, 1,250 remodels

The company reiterated its plan to open 600 new stores and to renovate 1,250 Family Dollar stores in fiscal 2021. The new stores are expected to consist of 400 Dollar Tree stores and 200 Family Dollar stores. The Family Dollar stores will be comprised of H2 and combo Store formats, based upon market locations.

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Store closures decline for the first time in 2021

For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. The firm tracked 4,626 closures so far this year, 5.7% fewer than last