After closing hundreds of stores that were not profitable, Fred’s is filing for Chapter 11 bankruptcy protection and shuttering all of its locations. Liquidation sales at its retail stores will be held over the next two months, CNBC reported. Per the outlet, the bankruptcy is...
Following reports that billionaire investor Carl Icahn is creating a sizable stake in Dollar Tree, shares of the discount store chain jumped. The stock rose by 6.8 percent to finish out the trading day on Tuesday (Oct. 16) at $86.50, the New York Post reported. While...
March 05, 2020
Dollar Tree’s fourth-quarter earnings were better than expected, as the company continues its upgrades to the Family Dollar portfolio and launches new initiatives, per reports. The discount retailer said it plans to renovate around 1,250 stores to the “H2” format in fiscal year 2020. The format constitutes improved merchandise offerings, including Dollar Tree’s $1 merchandise […]
September 10, 2019
After closing hundreds of stores that were not profitable, Fred’s is filing for Chapter 11 bankruptcy protection and shuttering all of its locations. Liquidation sales at its retail stores will...
October 17, 2018
Following reports that billionaire investor Carl Icahn is creating a sizable stake in Dollar Tree, shares of the discount store chain jumped. The stock rose by 6.8 percent to finish...
