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.

More than 120 towns and cities have.

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

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

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

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