Dollar General joined a growing list of retailers warning of weak annual sales and profit, and said its consumers were struggling to afford some essentials as high inflation and economic uncertainty dent their spending power.

Low-income Americans’ financial condition has gotten worse over the last year and more shoppers are going without basic necessities.

Dollar General is the latest company to announce plans to close dozens of locations in 2025 amid struggling consumer confidence. Company officials revealed in last week’s fourth quarter and fiscal year 2024 report that they plan on closing 96 Dollar General store locations “in the first quarter” of the current fiscal year.