Dollar Tree, in a move to expand its namesake banner, has acquired designation rights for 170 99 Cents Only Stores across Arizona, California, Nevada and Texas. Dollar Tree completed the deal in two transactions in May, approved by the United States Bankruptcy Court...
A range of retailers are preparing to release financial numbers during the next couple of weeks, and Placer.ai has compiled a list of their recent shopper traffic metrics that could provide a glimpse into the forthcoming results. The Placer.ai traffic tracker has...
Dollar Tree, after coming up short Wall Street expectations in the fourth quarter, reported it plans to close nearly 1,000 Family Dollar stores as the company looks to regain momentum in the overall business. Net loss in the 14-week fourth quarter was $1.71 billion,...
Dollar Tree has substantially expanded the role of the company’s COO, Mike Creedon, in the latest leadership change at the company. Appointed COO in 2022 amidst a series of executive exits and entrances, he will add leadership of Dollar Tree and Family Dollar...
Dollar Tree fell short of Wall Street estimates for revenues and earnings in the third quarter, but the retailer posted solid comp store sales and pointed to market share gains in a conference call. Net income was $212 million, or 97 cents per diluted share, versus...
