While Dollar Tree said March 6 its sales for the fourth quarter of fiscal 2018 were “strong,” the Chesapeake, Virginia-based discount variety store retailer also reported that on the heels of closing 84 Family Dollar stores last year, it will close as many as 390 this year. In addition, about 200 Family Dollar stores will […]
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Posted in, Executive News, Home Page Latest News, Industry News, Southeast, Store News
Dollar Tree Begins Planned Leadership Succession
As part of discount variety store operator Dollar Tree Inc.’s planned leadership succession, Bob Sasser, the company’s CEO since 2004, assumed the role of executive chairman of the board, effective Sept. 18. Macon Brock will remain on the board and has been named chairman emeritus. Sasser, age 65, joined Dollar Tree in 1999 as COO. He was promoted to […]
Posted inCorporate Store News, Executive News, Home Page Latest News, Merchandising News, National
Dollar General’s Chief Merchandising Officer Retiring
Dollar General’s James “Jim” W. Thorpe, EVP and chief merchandising officer, will retire on April 15. “Jim’s strong understanding of our core customer and passion for our business have been instrumental in driving innovation in our merchandising initiatives,” said Dollar General CEO Todd Vasos. “When Jim rejoined the company in 2015, we agreed upon a […]
Posted inStore News, Home Page Latest News, Southeast
Dollar General Debuts First DGX Store In Nashville, Another To Open Soon In Raleigh
Dollar General has opened its first small-format store—called DGX—at 2034 West End Avenue in Nashville, Tennessee, at the corner of 21st and West End. Construction began on the store late last year. Dollar General plans to open a second DGX in Raleigh, North Carolina, in early 2017. The new DGX store format, which includes about 3,400 s.f. of sales […]
Posted in, Home Page Latest News, Industry News, Southwest
Dollar General Opens Its 13th Distribution Center In San Antonio, Texas
Dollar General held a grand opening for the discount retailer’s 13th distribution center on June 4. The distribution center in San Antonio, Texas, represents a local investment of approximately $100 million and the creation of more than 500 local jobs. “Dollar General is excited to celebrate the grand opening of our San Antonio distribution center,” […]