by Mike Duff | Jan 24, 2023 | Retail Articles
CEO and board member Mike Witynski is exiting Dollar Tree, and chairman Rick Dreiling will expand his role to assume the CEO title effective January 29. Dreiling and investment firm Mantle Ridge effectively took control of Dollar Tree last year and began replacing...
by Mike Duff | Nov 22, 2022 | Retail Articles
Consumers are looking to stretch budgets and Dollar Tree was a beneficiary in the third quarter as the company made changes to management, pricing and store standards to make it more competitive. Net income was $266.9 million, or $1.20 per diluted share, versus...
by Mike Duff | Jun 29, 2022 | Retail Articles
After a board of directors shakeup, Dollar Tree has announced multiple executive leadership changes the company said would support its growth and accelerate implementation of its value creation initiatives. The changes include Kevin Wampler transitioning out of his...
by Mike Duff | Mar 22, 2022 | Retail Articles
Dollar Tree has entered into a Stewardship Framework Agreement with affiliates of investment firm Mantle Ridge LP that supports the appointment of former Dollar General chairman and CEO Richard Dreiling to the post of executive chairman. On March 19, the retailer’s...
by Mike Duff | Dec 13, 2021 | Retail Articles
Dollar Tree has rejected an initiative by investment firm Mantle Ridge to nominate a full slate of 11 directors to the company’s board of directors. Mantle Ridge representatives met with the Dollar Tree board on December 2 — after the firm had filed a United States...
