Family Dollar‚ the struggling discount chain that caters to low-income customers predominantly in cities‚ will close about 1‚000 stores. Family Dollar will close 600 locations this year and 370 stores over the next several years as store leases expire. Family Dollar has around 8‚000 US stores. Dollar Tree‚ which owns Family Dollar‚ also said it will close 30 stores as leases expire. Years of mismanagement and poor conditions in stores have hurt Family Dollar’s brand. The company has...

As part of its portfolio optimization‚ initially announced late last year‚ the company will close 600 of its Family Dollar stores in the first half of 2024. An additional 370 Family Dollar stores and 30 Dollar Tree stores will close over the next several years once their leases expire‚ the company said in its fourth-quarter earnings report.  The company incurred $594.4 million in charges in connection with the store portfolio review. Dollar Tree will close 600 of its Family Dollar...

 Dollar Tree's earnings in the holiday quarter were wiped out by billions of dollars in charges tied to a review of the company’s portfolio of stores‚ and the company plans to close about 1‚000 stores over the next few years. The dollar-store operator reported a loss of $1.71 billion‚ or $7.85 a share‚ for the three months ended Feb. 3‚ compared with a profit of $452.2 million‚ or $2.04 a share‚ a year earlier. Stripping out more than $2 billion of charges tied to the portfolio...

The judge presiding over Donald Trump‘s Georgia election interference trial dropped six charges on Wednesday that the former president and his 14 remaining co-defendants face as he also mulls whether to remove District Attorney Fani Willis from the case. Fulton County Superior Court Judge Scott McAfee issued an order dismissing “Counts 2‚ 5‚ 6‚ 23‚ 28‚ and 38” of the indictment but denied efforts to dismiss certain “overt acts” included in the indictment. McAfee held...

The judge presiding over the election interference case in Georgia has dismissed some of the criminal counts against former President Donald Trump. In a ruling Wednesday‚ Judge Scott McAfee found that six of the counts in the indictment against Trump and some of his co-defendants‚ including his former chief of staff Mark Meadows and lawyer Rudy Giuliani‚ lacked sufficient detail. "As written‚ these six counts contain all the essential elements of the crimes but fail to allege sufficient...

  A Georgia judge on Wednesday dismissed some of former President Trump’s charges in the sweeping election interference case against him due to a lack of detail. Judge Scott McAfee tossed six charges contained in the indictment‚ including three of Trump’s counts‚ but his ruling does not impact the Racketeer Influenced and Corrupt Organizations Act charge that serves as the foundation of the historic prosecution. McAfee’s ruling is not linked to the judge’s examination of...

At a high school in California‚ students help run a tax-return clinic. They get academic credit‚ breakfast burritos and life lessons. Source: In Rancho Cucamonga‚ a Team of Teenage Tax Slayers Helps Adults (gift link) What a great idea.

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