by Mike Duff | Jun 5, 2024 | Retail Articles
Dollar Tree nearly matched a first analyst consensus estimate in the first quarter, with earnings slightly above. While announcing its financial results, the company stated it was conducting a strategic review of its Family Dollar operation. Net income was $300.1...
by Mike Duff | May 29, 2024 | Retail Articles
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...
by Mike Duff | May 13, 2024 | Retail Articles
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...
by Mike Duff | Mar 13, 2024 | Retail Articles
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,...
by Mike Duff | Feb 9, 2024 | Retail Articles
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...
