SAN FRANCISCO — Family Dollar is partnering with Instacart to offer same-day delivery from more than 6,000 stores. The move, which builds on a successful 275-store pilot that initially launched in late-2020, will give customers access to same-day delivery (in as little as one hour) of Family Dollar’s broad and affordable selection of household goods,
CHESAPEAKE, Va. — Dollar Tree Inc. has promoted Michael Witynski to president and chief executive officer, the company announced on Monday. Gary Philbin, 63, who joined Dollar Tree in 2001 and became CEO in 2017, is retiring after a retail career of more than 40 years. Philbin will stay on as an executive and member
CHESAPEAKE, Va. — Dollar Tree Inc. is promoting three executives as part of a reorganization of its leadership structure, the company said on Wednesday. Michael Witynski has been promoted to enterprise president of the corporation and will lead the merchandising, store operations, and supply chain functions for the Dollar Tree and Family Dollar business segments.
CHESAPEAKE, Va. — Dollar Tree Inc. last month began adding items costing more than a dollar at select Dollar Tree stores as it weighs whether to revise its commitment to a single price point. The multi-price-point merchandise is being displayed in sections branded as Dollar Tree Plus to clearly differentiate it from the stores’ $1
CHESAPEAKE, Va. — Dollar Tree Inc. reported a 4.2% increase in consolidated net sales, to $5.54 billion, for its fiscal 2018 third quarter. Same-store sales for the company increased 1%, and net income increased 5.1% to $281.8 million. “We delivered earnings within the range of our expectations despite continued cost pressures related to domestic freight
CHESAPEAKE, Va. — Dollar Tree Inc. reported an enterprise-wide same-store sales gain of 1.8% for the second quarter. Sales in the company’s Family Dollar chain were flat, while sales in the Dollar Tree chain advanced by 3.7%. The company’s overall consolidated sales for the quarter ended August 4 increased 4.6% over the comparable prior year
CHESAPEAKE, Va. — Dollar Tree Inc. is expanding its Snack Zone concept based on a test program’s early success in driving incremental sales. The retailer tested the initiative at selected stores earlier this year. More than 200 Dollar Tree stores had a Snack Zone on May 5, the last day of the retailer’s fiscal first
WASHINGTON — More than two dozen retail companies — including Walmart, Costco Wholesale Corp., Dollar Tree Inc. and Target Corp. — sent a letter on Monday to President Trump urging him to refrain from imposing tariffs on China and alleging that American families would be hurt by such a move. In a separate letter to
CHESAPEAKE, Va. — Dollar Tree Inc. on Wednesday reported strong sales and earnings for its fourth quarter and fiscal year ended February 3. Net income for the year increased 91.3% to $1.71 billion, and consolidated net sales for the year increased 7.4% to $22.25 billion. In the fourth quarter, net income more than tripled to
CHESAPEAKE, Va. — Dollar Tree Inc.’s third quarter sales and earnings topped expectations, helped by higher transaction counts and bigger basket sizes. “Our team delivered terrific results in the third quarter,” Dollar Tree president and chief executive officer Gary Philbin said in a statement. “Same-store sales accelerated in both the Dollar Tree and Family Dollar
CHESAPEAKE, Va. — Gary Philbin has been named president and chief executive officer of Dollar Tree Inc. as part of a planned leadership succession. Bob Sasser, the company’s CEO since 2004, has assumed the role of executive chairman of the board. Sasser, 65, joined Dollar Tree in 1999 as chief operating officer. He was promoted
CHESAPEAKE, Va. — Gary Philbin has been named president and chief executive officer of Dollar Tree Inc. The move is part of a planned leadership succession in which Bob Sasser, the company’s CEO since 2004, has assumed the role of executive chairman of the board. Sasser, 65, joined Dollar Tree in 1999 as chief operating