distribution centers

Dollar Tree Opens Two Distribution Centers

Dollar Tree has celebrated the grand opening of its 25th U.S. distribution center in Rosenberg, Texas, with a small ceremony. The company also recently started shipping product from its 26th U.S. facility in Ocala, Florida.

Big Lots Completes Sale/Leaseback Transaction

Big Lots has completed its previously announced sale and leaseback transactions with affiliates of Oak Street Real Estate Capital relating to its four company-owned distribution centers. Gross proceeds from the transactions were $725 million and net proceeds, after expenses and taxes, are expected to be approximately $550 million.