Verkkodollar tree on wednesday said it plans to close nearly 1,000 stores over the next several years, after disclosing significant losses in its latest earnings.

Verkkodollar tree announced plans to shut down almost 1 in 8 family dollar stores.

More than 120 towns and cities have.

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Verkkoafter years of exponential growth, more local governments are taking action to stop new stores being built in their communities.

Find out why the closures could be both good and bad for consumers.

Dollar Tree Customers Rings Up Customers, No Workers in Store

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