Dollar Tree Closing All Stores in October 2017, Sold Items too Cheap to Profit-Fiction!

Dollar Tree Closing All Stores in October 2017, Sold Items too Cheap to Profit-Fiction!

Summary of eRumor:
Dollar Tree will close all its stores on October 1, 2017, after announcing on Facebook that it sold items too cheap to turn a profit.
The Truth:
A website that lets users generate bogus news headlines to dupe people on social media is behind false reports that Dollar Tree is closing all stores on October 1, 2017.
The claim originated with a post created at React365.com, a self-identified “entertainment website” that allows users to generate false reports that are easy to share on sites like Facebook.

This one, which appeared under the straightforward headline, “Dollar Tree to close all stores Oct 1,2017,” was shared nearly 100,000 times after being created in September 2017. The report claims that it was a “business decision” to close Dollar Tree, and the store would continue to pay employees through December 24th:

This is a corporate decision,all employees will be paid their wages until Dec.24th. Spokesman said “we are just losing money too fast by selling so cheap.

At first blush, many readers took the report at face value without clicking through to read the entire article. If they had clicked through, however, they would have found this disclaimer at the bottom of React365.com:

This website is an entertainment website, news are created by users. These are humourous news, fantasy, fictional, that should not be seriously taken or as a source of information.

So, claims that all Dollar Tree stores are closing, like all posts that appear React365.com, should not be considered trustworthy.
False claims about popular retail chains are closing are pretty common. We’ve investigated these claims about Bass Pro Shops, Hobby Lobby and Taco Bell, just to name a few.