Verkkodollar tree will close nearly 1,000 stores and swung to a surprise fourth quarter loss as the discount retailer took a related $1. 07 billion goodwill impairment charge.

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.

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Dollar Tree and Family Dollar will close 1,000 stores following fourth

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