A budget store in North Carolina will close for good within weeks.
Mighty Dollar bosses have already started clearing stock ahead of the store’s pending closure.
The discount chain takes pride in the fact that items cost $1.25 and its stores sell a variety of products, from cleaning products to arts and crafts.
The Mighty Dollar store in Hickory will close on July 1, per Hickory’s Daily Log.
Bosses said they were unable to agree a new contract.
But the chain won’t leave North Carolina forever.
read more about store closures
Mighty Dollar has a presence in Forest City, Gastonia, Boiling Springs, Kannapolis, Morganton, Shelby and Thomasville.
But bosses gave buyers some hope.
Bosses are exploring the possibility of opening a new outlet in Hickory.
News closure left fans devastated.
“We were there yesterday,” lamented one customer.
“Damn it!!! This store is the best”, lamented another.
“So sad!! This was the best store to visit throughout my childhood and adolescence,” cried a third customer.
Regular Mighty Dollar shoppers recalled their memories of the store where they grabbed a bargain.
One customer said he walked through the store in tears when he found out about the closure.
Some posted online that the shelves inside were already starting to look empty.
Fans asked the discount chain to reconsider its decision to close the store.
US Sun approached Mighty Dollar for comment.
OTHER STORE CLOSURES
But the retailer isn’t the only discount chain to experience store closures.
Last month, a Dollar Tree store in northwest Boise, Idaho, closed for good in a move that devastated shoppers.
The thrift store had been a staple in the region for more than three decades.
Dollar Tree bosses have revealed that 600 Family Dollar stores will close.
Bosses have warned that another 370 Family Dollar outlets are also set to go to the wall.
And 30 Dollar Tree stores will close permanently in the coming years.
Bosses identified inflation and a change in consumer behavior as factors influencing the closures.
Retail experts have warned about the impact a series of closures could have on neighborhoods.
“It may be the only store that serves the entire community in this area,” said retail expert Dominick Miserandino CBS News.
Dollar stores across the country are closing and shoppers may be lining up to score bargains as prices are being slashed by up to 50%.
Stores selling at least $1,000 will close, says CEO
Dollar Tree, the parent company of Family Dollar, revealed that it would close about 1,000 stores over the next few years.
Dollar Tree, the parent company of Family Dollar, revealed that it would close about 1,000 stores over the next few years.
The company announced in March that it would close stores after the value of the discount retailer it acquired nearly a decade ago plummeted.
Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year.
This will be followed by the closure of 370 Family Dollar and 30 Dollar Tree stores in the coming years.
The discount store chain also indicated that sales are being affected by the cost of living crisis and inflation.
This story originally appeared on The-sun.com read the full story
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