Dollar Tree Sees Net Sales Increase 6.5% in ‘Solid Start to the Year’

The Chesapeake, Va.-based retailer also records a 19.2% lift in gross profit for first-quarter fiscal 2022.


Dollar Tree Taps Former Dollar General Execs for Supply Chain and Merchandising Roles

The discounter announced two executive leadership additions: John Flanigan as chief supply chain officer and Larry Gatta as chief merchandising officer for the Family Dollar banner.

Jason Hart, CEO of Aldi U.S., penned an open letter on Aldi’s website saying “no matter what happens in the world around us, Aldi will always be the low-price leader in every community we serve.”

Customers in California, Oregon, Washington and Pennsylvania now can order online from the value grocer for same-day delivery.

Discounter plans to add 10,000 net new career opportunities in fiscal 2022 through new stores, as well as distribution center and private fleet growth.

The former CEO of the value retailer has been credited for increasing shareholder value 733%.

After the close of the deal, which affects two stores in Dallas and four in Jacksonville, Fla., Yellow Banana will operate 38 Save A Lot stores in five states.

Grocery Outlet is wading into the e-commerce waters with the announcement that it will offer same-day delivery from dozens of stores in California through a pilot program in partnership with Instacart...

On-the-spot interviews will be conducted at Dollar Tree and Family Dollar stores and distribution centers as the discounter strives to ramp up hiring.

The company, which has lost ground in the discount wars to competitors with greater variety, and whose single-price-point approach is facing intense pressure from cost inflation, said 5,000 more “Plus!” stores are on the way.

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