Business & Tech

Family Dollar, With Long Branch Store, Closing Hundreds Of Stores

Family Dollar is closing nearly 400 stores. The company has not revealed whether this will affect the Long Branch location.

Family Dollar announced Wednesday that hundreds of stores are closing.
Family Dollar announced Wednesday that hundreds of stores are closing. (AP Photo/Rogelio V. Solis, File)

Family Dollar, which has a Long Branch location, says it will close as many as 390 stores. Kayleigh Painter, a spokeswoman for the company, confirmed the closures in an email to Patch, but said the company isn't releasing the full list of stores that "will, or may, close."

Here are the Family Dollar stores near us:

  • 194 Broadway, Long Branch
  • 2005 Route 35 North, Oakhurst
  • 623 Main St., Asbury Park
  • 2379 Route 36, Atlantic Highlands
  • 36 Route 35, Unit 1, Neptune City
  • 6 State Route 36 E, Middletown
  • 17 W Front St. #21, Keyport

Family Dollar sells bargain goods including household cleaners, foods, health and beauty products, toys and clothes. Most items in the stores can be bought for less than $10. But the retailer has struggled in recent years and was bought by Dollar Tree in 2015. The chain of bargain brands has faced pressure to sell or revamp operations, CNN reported.

Find out what's happening in Long Branch-Eatontownfor free with the latest updates from Patch.

About 200 stores will be rebranded, media outlets reported. Dollar Tree operates 15,237 stores across 48 states and five Canadian provinces, the company said in a release. Stores operate under the brands of Dollar Tree, Family Dollar and Dollar TreeCanada.

"We are confident we are taking the appropriate steps to reposition our Family Dollar brand," Dollar Tree CEO and President Gary Philbin said in a release.

Find out what's happening in Long Branch-Eatontownfor free with the latest updates from Patch.

Patch national staffer Dan Hampton contributed to this report.

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