The Herald Bulletin

Evening Update

Local Business

July 9, 2014

Family Dollar to close 53rd Street location

Local store is among 9 in state slated for closure

ANDERSON – A giant red banner is stretched across the front of the Family Dollar store in Southdale Plaza shopping center with bold white lettering announcing that the entire store inventory is on sale.

The world “closing” has been carefully marked out in red to blend in with the sign, but officials have confirmed the store, at 825 E. 53rd St., is one of nine locations in Indiana going out of business.

“Over the next several weeks, we plan to close nine underperforming stores,” said Bryn Winburn, a public relations manager for Family Dollar Stores. “This store will close by the end of August.”

Shantell Smith, who lives near Southdale Plaza and frequently shops at the Family Dollar, said she plans to take her business to a nearby competitor after the store closes.

“I’m not happy, this is going to just be nothing in here,” Smith said. “We need something here — not all out on Scatterfield.”

Her daughter, Kaylie Smith, of Lapel said she would prefer to shop at the dollar store than some of the larger discount chains because it is quicker and more convenient.

“It’s sad,” she said. “I figured it wouldn’t be long before this one closes because there is nothing over here — and this is one of the nicest ones.”

In April, Family Dollar Stores announced the closing of 370 stores nationwide in response to poor sales due to a competitive holiday season and financially constrained shoppers. The company announced that jobs would also be eliminated and prices cut on hundreds of the basic items carried in stores.

“Family Dollar is taking decisive action to position the company to be more successful in an adverse operating environment,” Winburn said.

The company operates 8,246 stores around the nation and 114 in Indiana.

“Each of our stores employs between eight to 10 team members, and we will do everything we can to reassign impacted team members to nearby stores,” Winburn said.

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