All Family Dollar Stores Are Going Away

Let me tell ya, anytime i need something quick and cheap - the dollar store is a great bet. I hit up the Dollar Tree in Clifton Park every couple of weeks. It's a great place to get decorations, batteries, cleaning products, party supplies and more - all for much cheaper than you would get anywhere else. Dollar Tree bought up the Family Dollar chain of stores in 2015 and has announced they will close nearly 400 Family Dollar locations - the remaining stores will all be re-branded to Dollar Tree.

The reason is increased competition and lower price points from stores like Five Below, Dollar General and Walmart.

Although not clear which locations will close, there are several Family Dollar locations in and around Albany - including Schenectady, Menands, Watervliet, Cohoes, and Troy among quite a few others.

The difference between Dollar Tree and Family Dollar: All items at Dollar Tree are $1, while Family Dollar's prices progress from $1 to 100 based on the item. Although Dollar Tree says it may test out higher priced items.

[AP] [CNBC] [Times Union]

photo: Google Street View


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