Modern Retail Update: Dollar Tree Sells Family Dollar, GameStop Invests in Bitcoin, and H&M Sees Profits Drop

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Modern Retail Update: Dollar Tree Sells Family Dollar, GameStop Invests in Bitcoin, and H&M Sees Profits Drop

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This week on the Modern Retail Rundown, our team discusses Dollar Tree’s move to sell its underperforming Family Dollar division for $1 billion. In other news, GameStop is set to close a “significant number” of locations while considering investments in cryptocurrency. Additionally, H&M has reported earnings that fell short of expectations, citing issues with high markdowns and inflationary pressures.