According to the 2023 ChaseDesign Dollar Store Channel Survey, dollar stores are not only the fastest-growing retail category, but they also are proving more competitive with grocery stores and mass-market retailers. Grocery is now the top category shopped in the...
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...
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...
Dollar Tree has announced that Michael Creedon will join the organization as COO. Before his most recent appointment, Creedon was the Advanced Auto Parts executive vp, U.S. stores, one of several executive positions he held at the company, Dollar Tree stated. He also...
The second quarter proved pretty comfortable for Dollar Tree as consumers who are dealing with inflation sought out its stores for low prices on key needs. Even as it announced second-quarter results, Dollar Tree reported that it had appointed Jeffrey Davis to the CFO...
