The American dollar store falls on hard times

A Family Dollar Stores Inc. store in Hyattsville, Maryland, US, on Wednesday, March 13, 2024. Dollar Tree Inc. expects to close about 600 Family Dollar stores in the first half of fiscal 2024 and shut down an additional 370 Family Dollar and 30 Dollar Tree locations as their leases expire. Bloomberg | Bloomberg | Getty … Read more

Outdoor Voices’ layoffs via Slack ‘lack basic empathy,’ says expert

Athletic apparel brand Outdoor Voices is just the latest in a long line of companies to conduct mass layoffs — and “totally mishandle” them, says a leadership expert. Employees were notified on Wednesday, via an internal Slack message, that the company was closing all 16 of their brick and mortar stores, “embarking on a new … Read more

Earnings from Adobe and dollar stores

CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more