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
CHESAPEAKE, Va. — Alisa Dart joined Dollar Tree Inc. last spring as senior vice president of asset protection and safety, a role that gives her oversight of two business groups: asset protection and environmental health and safety. Dart sees her mission as leading the evolution of both groups by fostering a culture of innovation, collaboration
CHESAPEAKE, Va. — Bonita Price is senior vice president of merchandising for the Family Dollar unit of Dollar Tree Inc., where she is responsible for the strategic direction of the company’s nonconsumables businesses across some 7,900 stores. Price oversees the brand’s discretionary categories, including home, general merchandise, seasonal and apparel. “My mission is to help
CHESAPEAKE, Va. — As chief sustainability officer for Dollar Tree Inc., Jennifer Silberman oversees corporate citizenship and ESG for the company and its more than 16,000 Dollar Tree and Family Dollar stores in the United States and Canada. Sustainability is about taking care of future generations while addressing the needs of today, she says, and
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.
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
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
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,
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
CHESAPEAKE, Va. — Dollar Tree Inc. surpassed Wall Street’s expectations for both the top and bottom lines in the second quarter of fiscal 2023. In response, management has raised its full-year sales outlook and tightened its earnings per share projection. “At our June Investor Conference we shared the details of our strategy to transform the
CHESAPEAKE, Va. — It is now 16 months since Rick Dreiling took the reins at Dollar Tree Inc., and he has not been idle. Suffice to say, the small-box discount sector is about to get much more interesting. Last month Dreiling and the management team he has assembled provided analysts and investors a glimpse of
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