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Several major retail chains including Walmart, Target, Nordstrom, Shoe City, Macy's, Kmart, Walgreens, Rite Aid, Christmas Tree Shops, Morphe Cosmetics, Best Buy, and Dollar Tree are closing multiple stores due to various reasons such as flagging sales, unproductivity, and strategic shifts. Dollar Tree plans to close 1,000 stores, including 600 Family Dollar locations, in 2024.
