In recent years, Family Dollar has been struggling to compete with larger, more established retailers. Some have even suggested that the company is in trouble.
Recently, though, the company has made a number of moves that suggest it may be looking to revive its fortunes.
First, Family Dollar announced that it would be selling its Canadian operations. This is a smart move, as Canadian shoppers tend to be more loyal to their respective retailer than Americans are.
Second, the company announced that it would be closing some of its more underperforming stores. This is a good move, as it will allow Family Dollar to focus on stores that are doing well.
Finally, the company announced that it would be investing in technology. This is a smart move, as it will allow Family Dollar to keep up with its competitors.
Overall, these moves suggest that Family Dollar is trying to revive its fortunes. However, it is still too early to say for certain whether or not the company will be able to compete with larger retailers like Dollar Tree.
