Dollar Tree to Close 75 Stores in 2026

Dollar Tree Inc. announced on May 28, 2026, that it plans to close approximately 75 of its locations during fiscal year 2026, which concludes in January. This decision comes as the discount retailer celebrates its 40th anniversary and reports healthy financial results for its first quarter, which ended on May 2, 2026. The company reported net sales of $5 billion, a 7.2% increase compared to the same quarter in the previous year, and its adjusted diluted earnings per share (EPS) grew by 38.1% to $1.74.

Despite the planned closures, the company's overall physical footprint is expected to expand. During the first quarter of fiscal 2026, Dollar Tree opened 113 new stores, bringing its total to 9,382 locations across the U.S. and Canada. For the entirety of fiscal 2026, Dollar Tree anticipates opening around 400 new stores, resulting in a net increase of approximately 325 stores by the end of the fiscal year. The 75 store closures represent less than 1% of its total store portfolio.

Dollar Tree has not yet specified which 75 stores will be affected by the closures. As of January 2026, the company operated over 9,000 stores throughout the contiguous United States and in Canada. This strategic adjustment in its physical store presence aligns with a broader trend observed among retailers in 2026, which has seen various brands, including H&M and Glossier, also reassess and modify their store portfolios.