Family Dollar to pay $63M after FTC says it overcharged customers
The discount retailer failed to honor prices displayed on store shelves, on price tags and in ads, the FTC and multiple states alleged.
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The discount retailer failed to honor prices displayed on store shelves, on price tags and in ads, the FTC and multiple states alleged.
Dollar Tree is selling Family Dollar to two private equity firms after the discount chain failed to gain traction with shoppers.
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.
Dollar Tree acquired Family Dollar nearly a decade ago but has struggled to keep the chain of stores profitable.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
After traces of lead in applesauce poisons nearly 470 people, mostly young kids, FDA finds the metal in more food items.
