Pilot Pen G2 Edge

Dollar Tree

Dollar Tree retrenching after disappointing Q4

CHESAPEAKE, Va. — Dollar Tree Inc. reported disappointing quarterly earnings and offered a downbeat outlook on March 13 and announced plans to shutter about 1,000 stores, nearly all of which operate under its Family Dollar banner. As part of an ongoing portfolio review, company executives have identified some 600 Family Dollar stores to close in

Family Dollar to close nearly 1,000 stores

Family Dollar to close nearly 1,000 stores

CHESAPEAKE, Va.— The Family Dollar discount chain said Wednesday that it will close around 1,000 stores. The announcement came as the chain’s parent company, Dollar Tree, announced its fourth-quarter fiscal results for 2023. The chain said it will close 600 locations this year and 370 stores over the next several years as store leases expire.

Dollar Tree/Family Dollar in NASCAR sponsorship

Dollar Tree/Family Dollar in NASCAR sponsorship

CHESAPEAKE, Va. — Dollar Tree has signed a multi-year sponsorship agreement for races in the NASCAR Cup Series. The Dollar Tree and Family Dollar brands will be present in all 38 races of the 2024 NASCAR season, including select races with No. 42 driver John Hunter Nemechek, No. 43 driver Erik Jones and No. 84

Dollar Tree’s third quarter sales growth outpaces competitors

CHESAPEAKE, Va. — Dollar Tree Inc. reported third quarter financial results that were in line with expectations and reflect continued execution across all lines of its business transformation. “In a challenging retail environment where the accumulating pressures of inflation, reduced government benefits and depleted savings have negatively affected lower-income consumers, our top-line performance outpaced most

Family Dollar prepares new app experience

Family Dollar prepares new app experience

CHESAPEAKE, Va. — Family Dollar is updating its mobile app with features intended to give shoppers “a completely new mobile shopping and saving experience.” Featuring a fresh interface and seamless navigation, the app will help shoppers effortlessly manage coupons using the redesigned wallet feature, explore engaging weekly ads, and easily locate products with intelligent searches,

Dollar Tree announces three leadership moves

Dollar Tree announces three leadership moves

CHESAPEAKE, Va. – Dollar Tree Inc. has announced three new leadership appointments to its field operations organization led by Mike Creedon, the company’s chief operating officer. Jocelyn Konrad has joined the company as the new senior vice president, chief of stores for Family Dollar. She brings more than 15 years of experience in operational roles

Dollar Tree will speed up spending

CHESAPEAKE, Va. — Dollar Tree Inc. announced plans to accelerate its capital-spending plans following a strong financial performance during the second half of the fiscal year ended January 28. “We are committed to driving further store productivity as we focus on developing our people, tools and technology to fuel our accelerated growth, while simplifying our

Dreiling is new CEO at Dollar Tree

CHESAPEAKE, Va. — Dollar Tree Inc., which is set to announce its fourth quarter results on March 1, is under new management. Executive chairman Rick Dreiling has taken on the additional role of chief executive officer. Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020,

Dollar Tree names Rick Dreiling chairman and CEO

Dollar Tree names Rick Dreiling chairman and CEO

CHESAPEAKE, Va. — Dollar Tree executive chairman Rick Dreiling will take on the additional role of chief executive officer, effective January 29, the company said on Tuesday. Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020, is stepping down from the board and leaving the

Dollar Tree’s sales climb 8.1% in Q3

CHESAPEAKE, Va. — Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were

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