Dollar Tree Is Closing Dozens of Stores Nationwide: What It Means for Massachusetts Locations

There are 170 Dollar Tree store locations across Massachusetts, with more than a dozen situated in the Greater New Bedford and Fall River areas alone.

Don't panic, bargain hunters, but the discount chain plans to close dozens of stores nationwide while opening hundreds of new stores.

The Street reported that Dollar Tree plans to shutter many "substandard" stores during the current fiscal year while continuing to expand its footprint.

How Many Dollar Tree Stores Are Closing?

"The Virginia-based company said in its first-quarter earnings report, released May 28, that it expects to close about 75 stores during fiscal year 2026," Fox Business reported. "At the same time, Dollar Tree plans to open roughly 400 new stores this year, meaning its total store count is expected to grow."

Some Massachusetts Dollar Tree Locations Could Close This Year

Dollar Tree has 9,382 locations in the 48 contiguous United States and seven Canadian provinces. The company has yet to announce which locations will close or where new stores might pop up.

Why Are Dollar Tree Stores Closing?

Fox Business said Dollar Tree CEO Mike Creedon plans to focus on "improving its stores, expanding its product selection and strengthening its relationship with customers."

"As we celebrate our 40th anniversary in 2026, we are encouraged by the progress we are seeing across the business and remain focused on making thoughtful investments in our stores, assortment and customer experience," Creedon said in a press release.

What Is the Impact on Massachusetts Dollar Tree Locations?

Dollar Tree said it operates 110 stores in New Bedford, Massachusetts, and the surrounding area. You can count them yourself on their store locator. I'll take their word for that.

The company has not said when it will announce which store locations will close.