The Deals stores Dollar Tree acquired nearly a decade ago never turned into a meaningful growth vehicle for the company and soon the banner will disappear.
Dollar Tree Inc. has promoted one of its senior executives to be its next chief operating officer.
Dollar Tree's yearlong takeover saga, in which the retailer's offer to buy Family Dollar prompted a separate buyout attempt from Dollar General, is finally over.
Dollar Tree delivered its 26th consecutive quarter of positive comparable store sales growth in the second quarter, but profit declined 2.6% thanks to increased freight costs and investments in higher-value products.
Dollar Tree said it would acquire Family Dollar in a transformational cash and stock deal valued at $8.5 billion to create a company with more than 13,000 stores and annual sales of $18 billion.
Dollar Tree has promoted Gary Philbin to president and COO. He has served as COO since 2007. Bob Sasser continues to lead the company as its CEO.
Profits surged, sales momentum slowed
Dollar Tree reported that total net sales for the third quarter were $1.43 billion, a...
Dollar Tree reported that consolidated net sales for the second quarter were $1.38 billion, a...
Dollar Tree announce that its shareholders have elected Conrad Hall, who had been previously appointed...