Dollar Tree

The Great Recession hobbled the U.S. economy and crushed many businesses, but some companies thrived, including the so-called "dollar" stores.

Shoppers flocked to them because you could buy a lot with not much money. And as the economy rebounds, people are still going to some. But one chain, Family Dollar, hasn't kept pace with its competitors.

Dollar Tree
Leoneda Inge

North Carolina-based Family Dollar was opening hundreds of stores a year, until this year.  Now it’s being bought by Dollar Tree, one of its biggest rivals.

There are several Family Dollar discount stores in Durham, but they aren’t new.  In fact, Family Dollar announced earlier this year it would close 370 stores nationwide.