Family Dollar employee Pamela Ramos, left, assists John Conner with …

AP FILE PHOTO, DEC. 14, 2010 | published: April 11, 2014

Family Dollar employee Pamela Ramos, left, assists John Conner with a purchase at a store in Waco, Texas. Family Dollar said Thursday that it will be cutting jobs and closing about 370 under performing stores as it looks for ways to improve its financial performance. It says it also will cut prices on about 1,000 basic items.