Discount retailer Family Dollar continues to face headwinds, leading to further store closures across Ohio and potentially nationwide. Following earlier announcements of 35 closures in Ohio, another location in Dayton is set to close its doors this month, adding to the growing list of communities impacted by the struggling chain’s downsizing efforts. The Dayton store at 1130 N. Main St. will cease operations on November 23, according to local reports, leaving residents with even fewer shopping options in an already underserved area. Customers have expressed concerns about the closure, highlighting the store’s importance for affordable goods within the neighborhood.
Why is Family Dollar Closing Locations?
The closures are part of a larger strategic review by Dollar Tree, which acquired Family Dollar in 2015. Family Dollar has consistently underperformed compared to Dollar Tree, prompting the parent company to consider various options, including a potential sale or spin-off of the Family Dollar brand, as indicated in a November 4 press release.
In March 2024, Dollar Tree announced a significant restructuring plan involving the closure of approximately 1,000 Family Dollar stores nationwide. Several factors are contributing to these closures. The company cites persistent inflation, shifts in consumer spending habits, and ongoing concerns about store safety as key reasons for declining profitability and sales figures that fall short of expectations. These challenges have led to a reassessment of Family Dollar’s store portfolio and the difficult decision to close underperforming locations.
Ohio began to feel the impact of these closures in April 2024, when Family Dollar announced the layoff of employees across multiple Ohio locations. The initial wave of closures included stores in Conesville and Cumberland, signaling the start of a phased reduction in the chain’s footprint within the state. Further reinforcing this trend, Dollar Tree’s April 2024 press release outlined plans to close over 300 Family Dollar and 30 Dollar Tree stores in the coming years, suggesting that the current closures are part of a longer-term restructuring strategy.
How Many Family Dollar Stores Remain Open in Ohio?
Despite the closures, Family Dollar still maintains a substantial presence in Ohio. While the number has decreased from over 450 stores reported in April, current data from ScrapeHero indicates approximately 415 Family Dollar locations remain operational across the state, out of a total of 7,748 in the United States. The Family Dollar store locator website confirms the continued operation of numerous stores in Ohio, including locations in cities like Zanesville, demonstrating that while closures are occurring, a significant network of stores remains open for business.
List of Family Dollar Store Closures in Ohio (2024)
The following list, based on public notices from April 2024, details the Family Dollar locations in Ohio that have closed or are slated for closure in 2024. Please note that this list may not be exhaustive and is subject to change. It is advisable to check with local sources for the most up-to-date information.
- Akron: 19 N. Arlington St.
- Akron: 580 Vernon Odom Blvd.
- Amsterdam: 360 N. Main St.
- Austinburg: 2138 state Route 45
- Beloit: 15978 Cleveland-East Liverpool Road
- Bethel: 531 W. Plane St.
- Bidwell: 8920 Ohio 160
- Cincinnati: 7990 Reading Road
- Cincinnati: 5527 Bridgetown Road
- Cincinnati: 3407 Harrison Ave.
- Cincinnati: 2299 Waycross Road
- Cleveland: 9302 Miles Ave.
- Cleveland: 1250 E. 105th St.
- Columbus: 2191 E. 5th Ave.
- Columbus: 2372 Cleveland Ave.
- Columbus: 3577 E. Livingston Ave.
- Columbus: 675 E. Hudson St.
- Conesville: 16160 Township Road 287
- Cumberland: 349 Cambridge St. N.
- Dayton: 440 N. James H. McGee Blvd.
- Dayton: 1130 N. Main St. at Helena Street
- East Liverpool: 615 Walnut St.
- Elyria: 400 Oberlin Road
- Lima: 2101 Central Point Parkway
- Lucasville: 7731 state Route 139
- Madison: 6704 N. Ridge Road
- Middletown: 650 N. University Blvd.
- Middletown: 511 S. Breiel Blvd., Middletown
- Mount Healthy: 8050 Hamilton Ave.
- New Miami: 199 S. Riverside Drive
- New Middletown: 11045 Main St.
- Racine: 930 Elm St.
- Ripley: 519 S. 2nd St.
- Toledo: 1121 N. Reynolds Road
- Youngstown: 4450 Mahoning Ave.
- Youngstown: 8578 Market St. Suite 2
This ongoing restructuring of Family Dollar reflects the challenges faced by discount retailers in a changing economic landscape. While closures impact communities and employees, Dollar Tree’s strategic adjustments aim to improve the overall financial health and future prospects of its retail operations.
Alt text for the image: Play button icon overlaid on a store exterior, visually representing the news of Family Dollar store closures due to Dollar Tree’s restructuring plans announced in 2024.