UPTOWN — Family Dollar stores in Uptown and other Chicago neighborhoods are slated to close this summer as part of the dollar store chain's plan to close nearly 400 locations nationwide.
Family Dollar spokeswoman Bryn Winburn said Wednesday that a store at 4824 N. Sheridan Road in Uptown would close at the end of August. Four other Family Dollar locations are also closing in August in the Back of the Yards, Brainerd, Austin and Archer Heights neighborhoods.
Winburn said in a statement that Family Dollar "recently conducted a comprehensive review" of the company "to identify measures to provide customers with more value, increase operational efficiency and improve financial performance."
As a result, the chain decided to close at least 370 stores across the country.
Less than a year ago, Family Dollar announced plans to expand across the U.S., but reversed those plans and instead decided to close scores of stores after a "disappointing second quarter financial performance" marred by a 6 percent decline in revenue, according to Forbes.
Winburn said Family Dollar "will do everything we can" to reassign employees from the closing locations in Chicago to nearby stores.
Here's a list of other Family Dollar locations closing in Chicago:
- 5114 S. Racine Ave.
- 8908 S. Ashland Ave.
- 5469 W. North Ave.
- 5050 S. Pulaski Road
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