Discount retailer Family Dollar is undergoing significant changes, including a series of store closures across the United States. Ohio is among the states heavily impacted, with multiple locations already shuttered or slated to close soon. This article provides an updated Family Dollar Stores Closing List, specifically focusing on Ohio, and delves into the reasons behind these closures and their broader implications.
Family Dollar store exterior
Recently, another Family Dollar store closure was announced in Dayton, Ohio, located at 1130 N. Main St., with its final day of operation scheduled for November 23rd. This closure is particularly concerning for local residents who rely on the store for affordable goods, as reported by the Dayton Daily News. This Dayton location adds to the growing list of Family Dollar stores shutting their doors in Ohio and nationwide.
Why is Family Dollar Closing Stores?
The closures are part of a larger strategic shift by Dollar Tree, the parent company which acquired Family Dollar in 2015. Family Dollar has been identified as an underperforming segment within the Dollar Tree portfolio. According to a press release from Dollar Tree, the company is actively exploring various options to address this underperformance, including a potential sale or spin-off of the Family Dollar business.
Several factors are contributing to the financial strain on Family Dollar. Inflation has significantly impacted the cost of goods, while consumer spending habits are also evolving. Furthermore, safety concerns at some locations have also played a role. These challenges have led to lower sales and profits that fall short of company expectations.
In March 2024, Dollar Tree announced a significant restructuring plan that included the closure of approximately 1,000 Family Dollar stores across the country. This move is designed to streamline operations, improve profitability, and refocus on more successful store formats. In addition to these closures, the company also plans to close 30 Dollar Tree stores, demonstrating a broad effort to optimize their retail footprint.
Family Dollar Closures in Ohio: A Growing List
Ohio has been significantly affected by this wave of closures. Initial announcements in April revealed plans to close a number of Ohio locations, resulting in layoffs for hundreds of employees across the state. While there are still a substantial number of Family Dollar stores operating in Ohio – approximately 415 according to recent data – this is a decrease from over 450 locations earlier in the year.
The closures are not just numbers; they represent a significant impact on local communities. For many residents, particularly in lower-income areas, Family Dollar stores provide essential access to affordable groceries, household supplies, and other necessities. Store closures can limit shopping options, potentially creating “food deserts” and negatively impacting local economies.
Updated Family Dollar Stores Closing List: Ohio Locations
Below is an updated list of Family Dollar locations in Ohio that have closed or are scheduled to close. This list is compiled from public notices and reports. Please note that this list may not be exhaustive and is subject to change.
- 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
Conclusion: The Future of Family Dollar
The closure of these Family Dollar stores reflects the ongoing challenges in the discount retail sector. While Dollar Tree is taking steps to address underperformance and streamline its business, these closures have tangible consequences for employees and the communities they serve. As the retail landscape continues to evolve, it remains to be seen how Family Dollar will adapt and what the long-term impact of these closures will be.