Everyday necessities and electronics have gotten a pandemic boost, and according to Placer.ai, that has led to strong rebounds in store visits to Dollar General, Dollar Tree and Best Buy.
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 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 Tree plans to hire store managers and assistant store managers during its Nationwide Management Hiring Event hosted at participating Dollar Tree and Family Dollar stores across the country on Wednesday, January 22.
Dollar Tree has made several changes to its organizational structure and leadership team designed to enhance the company’s execution of its strategy and improve operational performance at its Dollar Tree and Family Dollar business segments.
Dollar Tree delivered a solid sales performance across both its namesake banner and the Family Dollar chain, although the retailer cautioned that the continuing effect of tariffs could impact its fourth quarter and fiscal year outlook.
Dollar Tree said that long-time director Conrad Hall intends to retire at the 2020 annual meeting of shareholders. Serving as an independent director since 2010, Hall’s experience as a former CEO and his demonstrated success in new business development have been integral to Dollar Tree’s board, the company said.
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.
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.