Dollar Tree News

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Dollar Tree Sees Surge in Higher-Income Shoppers

Dollar Tree is now drawing in a more affluent crowd than ever, as even higher-income consumers look for ways to cut costs.

Dollar Tree exterior

Dollar Tree Appoints Ex-Walgreens Exec as Chief Supply Chain Officer

There’s a new person in charge of the supply chain at Dollar Tree.

Family Dollar and Dollar Tree storefront

Are Dollar Tree and Family Dollar Both Better Off On Their Own?

Dollar Tree recently sold Family Dollar for a little more than $1 billion. Will both brands benefit?

Family Dollar and Dollar Tree storefront

Dollar Tree Just Sold Family Dollar for $1 Billion. Here Are the Details

Dollar Tree sold off the store to private equity partners.

Dollar Tree RK Center Davie FL, Thanksgiving meal

TikTok Video Shows You Can Make a Dollar Tree Thanksgiving Dinner for Just $20

TikToker Rebecca Chobat has gone viral for her $20 Dollar Tree Thanksgiving dinner.

Dollar Tree RK Center Davie FL, Thanksgiving meal

Dollar Tree Stock Takes a Nosedive After Disappointing Second Quarter

Dollar Tree was hit hard in the second quarter as customers struggle with an uncertain economy.

FDA Slaps Dollar Tree With Warning Over Lead-Contaminated Applesauce

FDA Slaps Dollar Tree With Warning Over Lead-Contaminated Applesauce

Dollar Tree didn’t pull the recalled applesauce off the shelves fast enough, according to the FDA.

Family Dollar and Dollar Tree storefront

Should Dollar Tree Break Up With Family Dollar?

Dollar Tree is exploring strategic alternatives, including a possible sale or spinoff, of Family Dollar, its chronically underperforming banner. What factors should be weighed into Dollar Tree’s decision to divest Family Dollar?

99 Cents Only Stores storefront

Should the 99 Cents Only Stores Retail Chain Be Saved?

The discount retail chain 99 Cents Only Stores has announced its intention to gradually cease its operations. What broader implications does the bankruptcy and liquidation of 99 Cents Only Stores hold for the discount retail sector?

Family Dollar and Dollar Tree storefront

How Will Dollar Tree and Family Dollar Survive Their Growing Difficulties?

Dollar Tree and Family Dollar are closing 1,000 stores across the nation. What specific operational and cultural barriers have hindered the successful integration of the two chains?

Family Dollar store

Family Dollar Fined $41M Over Rat-Infested West Memphis Warehouse

Family Dollar has been fined a staggering $41 million over a rat-infested warehouse in West Memphis, Arkansas. This warehouse distributes food, cosmetics, and medical devices to more than 400 stores across the South.

Dollar Tree and Family Dollar Stores Will Be Given 48 Hours To Fix Issues Like Blocked Fire Exits and Towering Stacks of Boxes – Or They’ll Be Fined $100,000 a Day

Dollar Tree and Family Dollar stores have entered a new companywide settlement with the Occupational Safety and Health Administration (OSHA), under…

Why Is Retail Increasingly Behind Lock & Key?

Dollar Tree has become the latest retailer to lock up merchandise in hopes of reducing shrink.

Has Dollar General Lost Its Recession-Resistant Tag?

Dollar General slashed its outlook for the year after first-quarter results missed plan, raising concerns over the chain’s vulnerability to an economic downturn.

Should Dollar General sweat its former CEO taking over at Dollar Tree?

Should Dollar General sweat its former CEO taking over at Dollar Tree?

Dollar Tree yesterday said that its executive chairman, Richard Dreiling, has been named CEO of the company. He replaces Mike Witnyski who has led the company since last year after serving in leadership positions with Dollar Tree going back to 2010. What impact do you expect Rick Dreiling to have on Dollar Tree and Family Dollar?

Dollar General plans to expand its selection of $1 items

Dollar General says it is not abandoning the pricing on its selection of $1 products, even as inflation continues to drive retail prices up nationwide. How important is the $1 price point to Dollar General shoppers?

Salvage stores achieve sales growth by selling ‘unsellable’ goods

Salvage stores achieve sales growth by selling ‘unsellable’ goods

In an inflationary era when customers are increasingly strapped for cash and hunting for discounts, a category of ultra-low-priced grocers that sell the unsellable is growing in popularity. Do you expect mainstream grocers to change their protocols for “unsellable” CPG items if inflation persists?

When the going gets tough, consumers shop dollar stores

When the going gets tough, consumers shop dollar stores

Dollar General and Dollar Tree issued first quarter results this week illustrating that, when consumer prices rise and the economic going gets tough, people go shopping at their local dollar stores. Do you agree that dollar stores will have to absorb most of the higher costs they face in 2022 instead of passing them on to consumers?

Former Dollar General CEO may finally get his chance to fix what ails Family Dollar

Former Dollar General CEO may finally get his chance to fix what ails Family Dollar

The activist investor Mantle Ridge has taken a $1.8 billion stake in Dollar Tree and is focused on shoring up what the firm and others see as the company’s weak link — Family Dollar.  Why is Family Dollar underperforming, in your view?

Will Dollar Tree succeed as a dollar+ store?

Will Dollar Tree succeed as a dollar+ store?

Dollar Tree has decided that it can’t hold the line on its dollar pricing any longer. The retailer made known on Tuesday that it plans to raise prices on select items to $1.25 and $1.50. What are the keys to successfully raising prices when selling to a value-driven customer base?

Will same-day delivery pay off for dollar stores?

Will same-day delivery pay off for dollar stores?

Family Dollar has partnered with Instacart to bring same-day delivery from over 6,000 locations in as quick as an hour. The partnership marks the first by a national dollar store chain and a same-day delivery platform. Does same-day delivery make sense for Family Dollar and other dollar store operators?

Will dollar stores be the biggest post-COVID-19 winners?

Will dollar stores be the biggest post-COVID-19 winners?

Dollar stores appear to have outperformed essential retail in the first quarter and are poised to benefit as the economy struggles in the months ahead. Do you agree that dollar stores are now better positioned to gain market share in the months ahead?

Has Dollar Tree gotten Family Dollar turned around?

Has Dollar Tree gotten Family Dollar turned around?

Just two months ago, Dollar Tree was being urged to sell or spin off its Family Dollar chain. With the release of Dollar Tree’s fourth quarter results, some see that the business may be turning around. Do you think Dollar Tree has figured out how to get its Family Dollar business turned around?

Should Dollar Tree sell Family Dollar?

Should Dollar Tree sell Family Dollar?

A New York hedge fund, which recently took a small stake in Dollar Tree, is pushing the company to sell its Family Dollar business and is seeking seats on the board to make sure the deal is done quickly. Should Dollar Tree sell Family Dollar?

Will the White House listen to warnings from Walmart, others about tariffs?

Will the White House listen to warnings from Walmart, others about tariffs?

Scores of retailers have written letters to the U.S. Trade Representative warning that the newest round of tariffs threatens the U.S. economy’s growth and will cause consumers to pay exponentially more on a variety of goods. What’s the next step or plan B strategy for retailers now that major tariffs have arrived?

Millennials with money go shopping in dollar stores

Anecdotal accounts of shoppers driving their Mercedes to dollar stores to save a few bucks have made for good copy over the years. Do you think the shopping base of dollar stores will skew more affluent in the years to come?

Will dollar stores keep gobbling grocery share?

Annual sales at dollar stores are approaching $55 billion, with compound annual growth rates averaging 6.5 percent since 2000 — well above the four percent recorded by conventional grocery. Do you see any reason dollar stores won’t be making strong gains in grocery share in the years ahead?

Is a dollar store price war coming?

What else can a chain that has lost market share in the discount space do but lower its prices? That appears to be the scenario set up for Family Dollar as the company awaits the closing of its merger with Dollar Tree. Do you expect to see Family Dollar lower its prices following the completion of the merger with Dollar Tree?

Does Family Dollar/Dollar General make a monopoly?

Family Dollar surprised many by rejecting Dollar General’s merger offer based on the premise that the combination holds too much anti-trust risk. How would you assess the antitrust concerns of a potential Family Dollar/Dollar General merger? How should authorities view at the competitive landscape?

Dollar General makes rival bid for Family Dollar

Dollar General has offered about $9.7 billion to buy Family Dollar, creating a bidding war by trumping an earlier offer made by Dollar Tree. Would Dollar General make a better fit for Family Dollar than Dollar Tree? What would a Dollar General/Family Dollar combination mean for retail’s competitive landscape?

Will Dollar Tree + Family Dollar spell trouble for Dollar General?

Dollar Tree has reached an agreement to acquire rival Family Dollar Stores in a deal that will create the largest operator of dollar stores in North America. What do you expect from Dollar Tree’s acquisition of Family Dollar? What will the deal mean for Dollar General and other competitors to the Dollar Tree and Family Dollar chains?

Dollar Stores Consuming Greater Share of Food Market

Even as the economy has begun to recover, dollar stores continue to pick up share from supermarkets and mass merchandisers. Do you expect the competitive threat posed by dollar stores to other food retailers to increase, decrease or remain the same over the next five years?

Dollar Stores Move In on Drugstore’s Territory

According to a Sun Sentinel report, dollar store chains are moving into the pharmacy business. Deals, part of Dollar Tree, opened a store that included a pharmacy operated by PharmaGo, an independent operator. Will pharmacies become commonplace in dollar stores?

Dollar Tree Buys Way Into Canada

Dollar Tree is the third largest dollar store chain in the U.S. behind Dollar General and Family Dollar, but it is about to become the first in the channel to operate outside the country after agreeing to buy the Dollar Giant chain in Canada. Will Dollar Tree’s acquisition of Dollar Giant make it more competitive going up against larger chains?

Stores Give Customers More for Their Dollars

Dollar stores are looking to attract consumers who may not have previously considered shopping in one of their stores. Chains and independents are spending money on remodels and training employees to raise the level of customer service. Store operators see this as a necessity to attract and retain high-income shoppers. More than one-third of the consumers shopping in the channel have annual household incomes above $50,000, according to Retail Forward. What do you see as the primary challenges facing dollar stores and how do you see the channel evolving in years to come?

Dollar Stores Grow Food Sales

Not every company in the dollar store space is convinced that food sales are the way to go, but the Dollar Tree and Dollar General chains are finding that grocery items help drive customer traffic and improve average ring in locations where they are sold. How significant a presence have dollar stores become in the grocery products business?

Deal$, Deal$, Deal$

Supervalu is getting out of the standalone dollar store game and Dollar Tree is more committed to it than ever. Yesterday, the wholesaler and retail grocer announced it had reached a deal to sell its Deal$ dollar store chain to Dollar Tree for $30.5 million in cash plus an undetermined amount of inventory. The chain has 138 stores in 16 states. Firstly, what is your reaction to this deal and, secondly, how do you assess the current state of the dollar store market?

Dollar Stores Resistant To Economic Good Times

Conventional wisdom once held that dollar stores grew quickly because a weak economy and consumer concerns about making ends meet made the format more attractive to shoppers. Adam Bergman, a spokesperson for the Dollar Tree chain, however, doesn’t see it that way. He told the Cleveland Plain Dealer consumers aren’t looking to buy everything they need in stores such as Dollar Tree and, because of that, “The stronger the economy gets, the better our stores do.”Will the novelty of dollar stores wear off with affluent consumers and will they shift their expenditures to other outlets with an improving economy? What do you see as the biggest challenges dollar stores face, in terms of consumer attitudes, to maintaining growth?

Dollar Tree Looks To Grow On TV

Dollar Tree is taking to the airwaves with television spots the company hopes will help it stand out in the minds of consumers against all the other dollar store format sound-alikes. What are your thoughts on dollar stores marketing through television and other media?

Indy Dollar Stores Compete Against Big Guys

The large dollar store chains are growing quickly and independents in the channel are concerned about the impact that will have on their business, reports the Oregonian. Will independent, non-franchise operators of dollar stores be overwhelmed by the spread of large chains such as Dollar Tree, Dollar General, etc.?

A Dollar Store Goes a Long Way in Atlanta

If you’re looking to open a dollar store, there are few better places than Atlanta, according to an Atlanta Business Journal report. What is your assessment of the dollar store channel’s opportunities for growth? Where do you see the biggest threat to continued growth in the channel?