Dollar General Gets Help From Home As Q2 Gains
Home helped boost Dollar General comparable sales in the second quarter as the company’s earnings beat a Wall Street estimate.
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Dollar Tree’s Family Dollar Turnaround Gains Traction
Dollar Tree’s turnaround plans for its Family Dollar business seem to be paying off, as the retailer reported improved results for its second quarter.
Dollar General Names Owen Chief Operating Officer
Dollar General has named Jeffery Owen chief operating officer with responsibility for store operations, merchandising and supply chain.
Report: Store Closures Increase But General Merchandise Channel Gains
A Coresight Research Insight Report asserts that major retailers in the U.S. have announced 7,567 store closures so far this year compared with 5,524 stores all of last year, but it isn’t all bad news.
Q1 Gains Propel Dollar General’s Growth Trajectory
Celebrating its 80th year in business, Dollar General started out strong in the first quarter with both sales and earnings growth.
Dollar Tree Delivers In Q1
Dollar Tree delivered a solid performance in the first quarter, as the retailer grew sales and income while continuing to improve results for its Family Dollar stores. The company has also been testing multi-pricepoint products in select test stores.
Starboard Withdraws Board Challenge At Dollar Tree
Activist investor Starboard Value, which has pushed for changes at Dollar Tree, has decided to withdraw its slate of nominees for election to Dollar Tree’s board of directors at the 2019 annual meeting of shareholders.
Dollar General Produces Higher Q4 Sales Growth
Dollar General strengthened its foundation during the fourth quarter and fiscal year, producing strong sales growth.
Dollar Tree Adds Wheeler To Board Of Directors
Dollar Tree has appointed Carrie Wheeler as a new independent director to the company’s board of directors.
Dollar Tree Ramps Up Family Dollar Turnaround Plans
Dollar Tree reported solid sales in its fourth quarter, while ramping up its Family Dollar integration and turnaround plans, which includes store closings this year.
Dollar Tree Puts Forth Plans For New Texas Distribution Center
Dollar Tree is planning a new distribution center project in Rosenberg, Fort Bend County, TX.
NPD: More Consumers Shopping Dollar Stores During Holidays
Dollar stores are seeing growth in shopper traffic during the holiday season with shoppers from higher income levels driving the growth, according to a recent survey from The NPD Group.
Dollar Tree Adds Independent Director To Board
Dollar Tree has appointed Thomas Dickson as a new independent director to the company’s board, effective January 1, 2019. Dickson’s appointment is to fill the vacancy created by the previously announced retirement of Mary Anne Citrino as a director.
Dollar General Sales, Earnings Jump In Q3
Dollar General saw its net sales and earnings jump in the third quarter as it continued to ramp up its store growth plans into 2019.
Report: Dollar General Testing New Urban Store Concept
As it continues to expand and open more stores beyond its rural community base, Dollar General is eyeing a new urban store concept dubbed DGX, according to a recent Bloomberg article.
Dollar Tree To Hold Nationwide Hiring Event
Dollar Tree plans to hire 25,000 associates in its third annual nationwide hiring event hosted at Dollar Tree and Family Dollar stores across the country on Wednesday, October 17.
NRF: Majority Of Consumers Shopping Discounters
Regardless of income or age, consumers like a bargain and are shopping at retailers that offer products they feel are a good value, a recent survey from the National Retail Federation revealed.
Dollar Tree Consolidating Store Support Centers
Dollar Tree, as part of its continuing integration of Family Dollar’s organization and support functions, plans to consolidate its store support centers in Matthews, North Carolina and Chesapeake, Virginia, to the company’s newly-completed office tower in the Summit Pointe development in Chesapeake.
Dollar General To Host National Recruiting Events
Dollar General is kicking off a series of recruiting events as it seeks candidates to join the company.
Dollar General Q2 Sales Up 10.6%
Driven by strength in consumables and seasonal products, Dollar General reported strong sales growth for the second quarter ended August 3.