CHESAPEAKE, Va. — Dollar Tree Inc. reported sales and net income gains for its second quarter ended July 31. “I am proud of our team’s continuing efforts, especially in our stores and distribution centers, to adapt and react in this dynamic environment to serve customers and deliver improvements in both operating margin and earnings,” Dollar
CHESAPEAKE, Va. — Dollar Tree Inc. is hosting an in-person hiring event on Saturday at each of its 26 U.S. distribution centers. The retailer is looking to fill a broad range of positions, including managers, full- and part-time order fillers, equipment operators, maintenance technicians, and warehouse associates. “We are seeking hardworking and dependable men and women
CHESAPEAKE, Va. — Dollar Tree Inc. cited continued improvement for its Family Dollar unit in posting a 3% increase in sales in the quarter to May 1. Enterprise same-store sales increased 0.8% on a constant currency basis (or 0.9% when adjusted to include the impact of Canadian currency fluctuations), the company said. Same-store sales for
CHESAPEAKE, Va. — Dollar Tree reported consolidated net sales of $6.48 billion for the first quarter, up 3% compared with the prior year’s first quarter. Enterprise same-store sales increased 0.8% on a constant currency basis (or 0.9% when adjusted to include the impact of Canadian currency fluctuations). Same-store sales for Dollar Tree increased 4.7%. Family
CHESAPEAKE, Va. – Dollar Tree has launched a digital media platform designed to help consumer-goods brands engage with customers. The platform, dubbed Chesapeake Media Group, enables “personalized and ultra-targeted digital experiences” that can influence purchasing decisions in real time, Dollar Tree said in an April 15 statement introducing the network. “Brands will be able to
CHESAPEAKE, Va. — Dollar Tree Inc. sees a new format that combines features of its two brands as offering significant growth potential. The format brings together Family Dollar’s value and assortment with Dollar Tree’s “thrill of the hunt” and fixed price point — creating a new strategic store format targeted for small towns and rural
CHESAPEAKE, Va. — Dollar Tree Inc. said Wednesday that its net sales and comp store sales increased in the fourth quarter, and suggested that various strategic initiatives are gaining traction, including a new format for small towns that combines the Dollar Tree and Family Dollar brands. Consolidated net sales totaled $6.77 billion for the fiscal
CHESAPEAKE, Va. — Dollar Tree Inc. plans to expand its multi-price Dollar Tree Plus! initiative into about 500 stores beginning in the spring of 2021, the company said Tuesday. The announcement came as the retailer reported increased sales and profits for its fiscal third quarter ended October 31. Consolidated net sales increased 7.5% to $6.18
CHESAPEAKE, Va. – Dollar Tree on Thursday said net sales increased 9.4% to $6.2 billion in its second quarter on same-store sales growth of 7.2%. Same-store sales at its Family Dollar unit increased 11.6% in the 13 weeks ended August 1. Comps at Dollar Tree stores were up 3.1%. “Consumer shopping patterns are evolving,” Mike
CHESAPEAKE, Va. — Dollar Tree said same-store sales jumped 7% in its fiscal 2020 first quarter as shoppers stockpiled food and other essentials at the outset of the coronavirus pandemic. Comparable-store sales for the Family Dollar segment increased 15.5% from a year earlier, while comps at the Dollar Tree segment declined 0.9%, the company said
CHESAPEAKE, Va. — Dollar Tree Inc. has seen a surge in store traffic and sales as consumers stock up in response to the COVID-19 pandemic, but Easter holiday business is being hurt by the crisis. The details were part of a business update the company issued on Tuesday about impacts related to the novel coronavirus. In
CHESAPEAKE, Va. — Dollar Tree on Wednesday reported financial results for its fourth quarter and fiscal year ended February 1. The discount retailer said consolidated net sales increased 1.8% to $6.3 billion in the fourth quarter. On a full-year basis, sales increased 3.5% to $23.61 billion. Comparable-store sales increased 0.4% in the fourth quarter, as