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 strengthened its foundation during the fourth quarter and fiscal year, producing strong sales growth.
Dollar Tree has appointed Carrie Wheeler as a new independent director to the company’s board of directors.
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 is planning a new distribution center project in Rosenberg, Fort Bend County, TX.
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 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 saw its net sales and earnings jump in the third quarter as it continued to ramp up its store growth plans into 2019.
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 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.
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, 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 is kicking off a series of recruiting events as it seeks candidates to join the company.
Driven by strength in consumables and seasonal products, Dollar General reported strong sales growth for the second quarter ended August 3.
Second quarter sales at Dollar Tree were up as the company made strong gains in same-store sales and earnings per share.
99 Cents Only Stores has appointed Ashok Walia as chief financial officer, where he will be responsible for overseeing finance, accounting, treasury, marketing and information technology functions for the company.
Dollar Tree has celebrated the grand opening of its 23rd distribution center in Warrensburg, Missouri, with a ribbon cutting ceremony followed by a celebration with the company’s newest distribution center associates and their families, management and representatives from the local community.
Over the next 10 days, Dollar General is looking to fill management roles across the 44 states it serves to support its growth plans.
Dollar General recently celebrated the official grand opening of the company’s 15th distribution center in Jackson, GA.
Despite a surge in net income and sales gains, Dollar General fell short of Wall Street estimates in the first quarter, with the weather playing a factor in results.