Dollar Tree has reached an agreement to sell its Family Dollar business for $1 billion to Brigade Capital Management LP and Macellum Capital Management LLC. After a review of potential alternatives, the Dollar Tree leadership team and board of directors determined that a sale of Family Dollar to Brigade and Macellum offered the best value […]
Tag: Dollar Tree
Posted inHealth & Wellness, Corporate Store News, COVID News, Home Page Slider, Southeast, Wholesaler/Distributor News
Grocery Employees Touted As ‘Supermarket Heroes’
Grocers across the Southeast are showing appreciation for the hard work of their employees as they are on the front lines during the Covid-19 global pandemic. Associated Grocers is sharing the heroic efforts of its employees, Dollar Tree is rewarding its hourly workers and Lidl is enhancing its health benefits while planning to hire up […]
Posted inHealth & Wellness, Beverage News, Center Store, Corporate Store News, COVID News, Home Page Slider, Nonfood Items, Southeast
Dollar Tree, Family Dollar Modifying Store Hours During Coronavirus Pandemic
Chesapeake, Virginia-based Dollar Tree Inc. has modified its Dollar Tree and Family Dollar store hours in response to the coronavirus pandemic. In order to keep its associates safe, provide adequate time to exercise the company’s cleaning protocols and replenish store shelves with essential products, all Dollar Tree and Family Dollar stores are now closing at […]
Posted inHome Page Slider, Southeast, Store News
Dollar Tree To Close Up To 390 Family Dollar Stores This Year
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 […]
Posted inStore News, Executive News, Home Page Latest News, Southeast
Dollar Tree Appoints Dickson To Its Board of Directors
Virginia-based Dollar Tree Inc. has appointed Thomas W. “Tad” Dickson a new independent director to the company’s board, effective Jan. 1, 2019. Dickson’s appointment is to fill the vacancy created by the previously announced retirement of Mary Anne Citrino as a director, effective Dec. 31, 2018. Dickson, 63, is an executive leader with significant experience […]
Posted inDollar General, Corporate Store News, Home Page Latest News, Industry News, Midwest, Store News, Supply Chain News
Dollar Tree Opens $110M Distribution Center In Warrensburg, Missouri
Dollar Tree Inc. celebrated the grand opening of its new distribution center in Warrensburg, Missouri, July 11 with a ribbon-cutting ceremony attended by associates and their families, management and representatives from the local community. The new DC is Dollar Tree’s 23rd such facility. “We are pleased to celebrate the grand opening of our new Warrensburg distribution […]
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, Industry News, National
Witynski Promoted To President Of Dollar Tree Banner
Discount variety store chain Dollar Tree Inc. has promoted Michael A. Witynski to president and COO of its Dollar Tree banner. Witynski, 54, will be responsible for merchandising and marketing as well as store operations for more than 6,200 Dollar Tree bannered stores in the U.S. A company veteran, Witynski has served as COO since […]