Family Dollar store closing

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Oracle Towne Crier

The Family Dollar Store located at 1040 W. American Ave. in Oracle will be closing their doors sometime in August. They currently are having a storewide sale that includes 10 percent to 30 percent off of selected items.

The store has been open for 11 years and has four employees.

In April, the company announced that it would be closing nearly 400 stores and reducing the size of its workforce.

According to Forbes, Family Dollar reported a six percent decline in second quarter revenue over the same period last year. Same store sales for the quarter fell 3.8 percent, which the store told Forbes is a result of decreased customer transactions.

A sign in front of the Oracle store states that the closure is “this location only.”

To read more about the Family Dollar closure, go online to http://onforb.es/1qOt0Kg.

John Hernandez (468 Posts)

John Hernandez lives in Oracle. He is retired and enjoys writing and traveling. He is active in the Oracle Historical Society. He covers numerous public events, researches historical features and writes business/artist profiles.


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