Years of strategic mistakes and underinvestment have plagued Family Dollar and 99 Cents Only, retail analysts say.

Years of strategic mistakes and underinvestment have plagued Family Dollar and 99 Cents Only, retail analysts say.

Dollar General announced in its fourth quarter earnings report last week that it will close nearly 100 stores across the country.

Dollar General Corporation made the announcement in its fourth-quarter earnings report, following other high-profile store closures by Joann, Walgreens, and Big Lots.

Some have noted that this could be the death of the dollar store. In April, California-based 99 Cents Only announced it would be closing all 371 locations, KTLA reported.

Dollar General announced in its fourth quarter earnings report last week that it will close nearly 100 stores across the country.