Family Dollar

Dollar Tree unveils retail media network

Dollar Tree unveils retail media network

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

Dollar Tree sees sales gains in fourth quarter

Dollar Tree sees sales gains in fourth quarter

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

Instacart, Family Dollar roll out same-day delivery

Instacart, Family Dollar roll out same-day delivery

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,

Dollar Tree rolling out multi-price concept

Dollar Tree rolling out multi-price concept

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

Dollar Tree reports increased sales in Q2

Dollar Tree reports increased sales in Q2

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

Dollar Tree saw sales gains in March

Dollar Tree saw sales gains in March

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

Three executives promoted at Dollar Tree

CHESAPEAKE, Va. — In a reorganization of its senior management structure, Dollar Tree Inc. has promoted three ­executives. In addition, Duncan Mac Naughton, who had been serving as president of the Family Dollar segment of the business, has left the ­company. The management changes are intended to improve the execution of Dollar Tree’s overall  strategy

Dollar Tree promotes three executives to new roles

Dollar Tree promotes three executives to new roles

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.

Dollar Tree reports net sales gain for Q3

Dollar Tree reports net sales gain for Q3

CHESAPEAKE, Va. — Dollar Tree on Tuesday reported net sales rose 3.7% to $5.75 billion in the third quarter and comparable-store sales increased 2.5%. But the retailer said higher costs associated with the U.S.-China trade war will add $19 million in costs in the current quarter, when per-share earnings are projected to miss Wall Street

Dollar Tree reports sales, net earnings gain in Q3

Dollar Tree reports sales, net earnings gain in Q3

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