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 | Sep 27, 2022 | Retail Articles
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...
by Mike Duff | Aug 29, 2022 | Retail Articles
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...
by Mike Duff | Jul 28, 2022 | Featured News, Retail Articles
As summer proceeds, back-to-school shopping serves as a boost for retail foot traffic and sales. But under 2022 conditions of inflation, labor shortages and online initiatives, the annual return-to-class season is bound to have its ups and downs based on consumer...
