Dollar Tree Appoints Park As Independent Director
Dollar Tree has appointed Winnie Park as a new independent director to the company’s board of directors, effective December 3, 2020.
dollar stores
Dollar General Q3 Profits Soar
Dollar General third quarter profits jumped on big comp gains.
Dollar Tree Comps Lift Q3
Comparable store sales momentum across both its banners propelled Dollar Tree third quarter results to a beat on Wall Street estimates.
2021 Retailers To Watch: Dollar General
Dollar General is more than a dollar store and is looking at how it can further use its flexibility to grow in more ways than ever.
Dollar General Awards Employees With Appreciation Bonuses
Dollar General plans to award approximately $50 million in additional appreciation bonuses to eligible frontline employees in the fourth quarter, doubling its planned investment in these bonuses in the back half of the year and bringing its third and fourth quarter commitment to approximately $100 million in total.
Dollar General Opens 17,000th Store
Dollar General is celebrating the official grand opening of its 17,000th store in Fountain, CO. The company opened its first store in Colorado in 2006, and currently operates about 60 store locations in the state.
Dollarama Appoints Towner Chief Financial Officer
Dollarama has appointed Jean-Philippe Towner as chief financial officer, effective March 1, 2021. Towner will succeed Michael Ross, who will step down as chief financial officer after over a decade with Dollarama in this role.
Dollar General Promotes Reardon To EVP/Chief People Officer
Dollar General has promoted Kathy Reardon to evp/chief people officer. Reardon joined Dollar General in 2009 and has most recently served as senior vice president and chief people officer since March 2019.
Dollar Tree Delivers Solid Q2
Dollar stores continue to enjoy sales growth during the combined pandemic and economic recession, and Dollar Tree delivered a solid second quarter as a result.
Placer: Walmart’s Traffic Recovery Proving Complicated
When it comes to store visitors, Walmart’s recovery from coronavirus-related lows is proceeding more slowly than Target’s and is entangled with home center and dollar store retailers, according to Placer.ai.
Dollar General Adding Distribution Facilities
Dollar General plans to add a traditional distribution center in Walton, KY, and three DG Fresh cold storage facilities in Bowling Green, KY, Ardmore, OK and West Sacramento, CA.
Dollar General To Hold Supplier Diversity Summit Online
At a time when coronavirus still is affecting business operations, Dollar General will hold its 2020 Supplier and Diversity Innovation Summit digitally on September 16.
Dollar Tree Distribution Centers To Host Virtual Career Fair
Dollar Tree is hosting a virtual career fair on Wednesday, July 29, for full- and part-time positions available within its 26 U.S. distribution centers.
Dollar Tree Names Witynski CEO As Philbin Retires
As part of a planned leadership transition, Dollar Tree has promoted Michael Witynski, the company’s enterprise president, to president and CEO.
Dollar Tree Initiative Supports Military Families
With schools preparing to reopen, Operation Homefront and partner Dollar Tree are initiating the Back-to-School Brigade program for its 12th consecutive year collecting school supplies for military children.
Coronavirus Accelerates Dollar General Q1 Gains
The coronavirus outbreak drove robust results at Dollar General to a degree that exceeded Wall Street expectations.
Dollar Tree Registers Q1 Sales Growth
In a coronavirus-impacted first quarter, Dollar Tree saw a rise in its overall comparable store sales with Family Dollar leading the way.
Dollar General Opens First Washington State Store
Dollar General has opened its first store in Washington state, increasing its national presence to 46 states. The store opening in Cathlamet will provide Wahkiakum County residents with household essentials at everyday low prices in a convenient location.
Dollar Tree Sales Up As Coronavirus Complicates Outlook
Dollar Tree has reported its comparable sales trends through March 29, with quarter to date comps up 7.1% for namesake stores and up 14.4% for Family Dollar but also with a late moderation of those gains.
Dollar General Invests In Employees
Dollar General plans to invest approximately $35 million in bonuses for all store, distribution center and private fleet employees.