March 13, 2024 by MMR
Chairman and CEO Rick Dreiling, Dollar Tree, Dollar Tree closing nearly 1000 Family Dollar stores, Family Dollar, Jeff Davis
Featured Articles, Leading Headlines, Retail News
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.
January 11, 2024 by MMR
Dollar Tree, Family Dollar, Larry Gatta, Legacy Motor Club, NASCAR, Rick McNeely
Leading Headlines, Retail News, Uncategorized
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
September 15, 2023 by MMR
digital transformation, Dollar Tree, Family Dollar
Leading Headlines, Retail News
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,
September 11, 2023 by MMR
Dollar Tree, Family Dollar, Jocelyn Konrad
Featured Articles, Leading Headlines, People, Retail News
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
March 1, 2023 by MMR
CEO Rick Dreiling, Dollar Tree Inc. earnings, Family Dollar
Leading Headlines, Money
CHESAPEAKE, Va. – Dollar Tree Inc. today announced it will accelerate its capital-spending plans following a strong financial performance in 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
January 24, 2023 by MMR
Dollar Tree, Family Dollar, Mike Witynski, Rick Dreiling
Featured Articles, Leading Headlines, People, Retail News
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
November 23, 2022 by MMR
Dollar Tree, Family Dollar, Mike Witynski
Leading Headlines, Retail News
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 up
October 11, 2022 by MMR
Dollar Tree, Family Dollar, hiring event
Leading Headlines, Retail News
CHESAPEAKE, Va. — Dollar Tree Inc. plans to hire thousands of associates for full- and part-time roles during a nationwide hiring event hosted planned for October 19. The event will be held at participating Dollar Tree and Family Dollar stores and will seek to fill positions include sales associates, customer service representatives, stockers, assistant store
October 28, 2021 by MMR
Dollar Tree, Family Dollar, Instacart
Leading Headlines, Retail News
SAN FRANCISCO — Instacart and Dollar Tree are expanding their partnership to offer same-day delivery in as little as one hour from nearly 13,000 Dollar Tree and Family Dollar stores. “With our focus on best meeting customers’ evolving needs, we are pleased to expand our Instacart partnership to provide even more households across the country
October 19, 2021 by MMR
Dollar Tree, Family Dollar, RELEX
Leading Headlines, Retail News
ATLANTA — Dollar Tree Inc. will partner with RELEX Solutions in an effort to improve demand forecasting and replenishment processes across both its Dollar Tree and Family Dollar chains. The RELEX solution will be implemented across all of the retailer’s 15,800 stores and 26 distribution centers in North America to improve collaboration between stores and
September 29, 2021 by MMR
Dollar Tree, Dollar Tree Plus, Dollar Tree president and CEO Michael Witynski, Family Dollar
Leading Headlines, Retail News
CHESAPEAKE, Va. — Dollar Tree plans to begin adding new price points above $1 across all its Dollar Tree Plus stores and will begin testing those price points in selected legacy Dollar Tree stores as well. “For decades, our customers have enjoyed the ‘thrill-of-the-hunt’ for value at one dollar — and we remain committed to
August 26, 2021 by MMR
Dollar Tree, Family Dollar
Leading Headlines, Money, Retail News
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