Another Family Dollar in Ohio is closing this month. View full list

by Junna Base November 11, 2024

Discount retailer Family Dollar has been hit by another store closure in Ohio. This is in addition to the other 35 location closures the company announced earlier this year as it struggled to meet market expectations.

According to the Dayton Daily News, Family Dollar’s Dayton location at 1130 N. Main St. will close Nov. 23. The store’s closure will exacerbate already limited shopping options in the area, customers told the publications, as the Dayton location is offering final sales and discounts in its final weeks of opening.

Why are Family Dollar stores closing?

Family Dollar, which bought Dollar Tree in 2015, is considered an underperformer, USA TODAY reports.

In a Nov. 4 press release, Dollar Tree notes that, among other things, the company is exploring the sale of Family Dollar. “The Family Dollar division … could involve a possible sale, spinoff or other disposition of the business,” the statement said.

In March 2024, Family Dollar announced plans to close 1,000 stores. The company noted that inflation, a shift in consumer spending and safety concerns were all factors that contributed to revenue and profit falling short of expectations.

The dwindling locations began impacting Ohio around April, when Family Dollar announced it would lay off some or all of the 265 employees who work at those locations on or about April 20.

The chain will also close more than 300 Family Dollar and 30 Dollar Tree stores over the next few years, according to an April 2024 company press release.

How many Family Dollar locations are still open in Ohio?

According to data collection site ScrapeHero, there are 7,748 Family Dollar stores in the U.S. and 415 in Ohio (down from more than 450 stores in April).

According to the chain’s store locator, Family Dollar currently operates dozens of stores in Ohio, including 20 in Cincinnati, 25 stores in Cleveland, 23 stores in Columbus, nine in Akron and six in Canton.