by Mike Duff | Dec 4, 2024 | Retail Articles
Dollar Tree reported comp advances across the business in the third quarter that propelled earnings growth. In addition to the financial results, the company announced that Jeff Davis, CFO, is stepping down, and the company has launched an external search for a new...
by Mike Duff | Nov 14, 2024 | Retail Articles
Dollar Tree, contemplating the reconstituting of its business, has made additional executive moves that could impact how the company approaches its Dollar Tree and Family Dollar store operations. The company has promoted Steve Schumacher to executive vice president...
by Mike Duff | Nov 5, 2024 | Retail Articles
Dollar Tree Chairman and CEO Rick Dreiling, citing health reasons, has stepped down from his leadership position, and the company named company COO Michael Creedon interim chief executive. In addition, Dollar Tree elected lead independent director Edward Kelly...
by Mike Duff | Sep 4, 2024 | Retail Articles
Consumer reluctance to engage in discretionary spending resulted in Dollar Tree’s second quarter being short of expectations. Net income was $132.4 million and diluted earnings per share was 62 cents versus $200.4 million, or 91 cents per diluted share, in the...
by Mike Duff | Jul 17, 2024 | Retail Articles
Although e-commerce gets a lot of attention, particularly now as brick-and-mortar-based retailers leverage the online part of their businesses to compete with Amazon and its Prime Day summer promotion, many major retailers remain committed to significant and long-term...