Operations & Supply Chain Party City IP, wholesale operations to be acquired for $20M An affiliate of Ad Populum is buying the party retailer’s IP, but Dollar Tree and Five Below emerged as top bidders for the company’s store leases. RetailDive February 11, 2025February 11, 2025 < 1 min read Operations & Supply ChainDollar Tree 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree Removes ‘Interim’ from CEO Title for Creedon Dollar Tree has named Michael Creedon Jr. as its CEO on a permanent basis. Creedon was named Interim CEO after previous CEO Rick Dreiling, citing health issues, stepped down in early November. Creedon had joined Dollar Tree as COO in 2022 following nearly a decade in leadership roles at Advance Auto Parts. Michael Creedon Jr. […] Retail TouchPoints December 20, 2024December 20, 2024 2 min read Dollar TreeExecutivesAssociatesBrick and MortarMarketing: Social MediaHealth & WellnessFamily DollarMarketing: UGCDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names Michael Creedon permanent CEO Creedon, the retailer’s chief operating officer, has been serving as interim chief since November and takes the helm as it navigates several major initiatives. RetailDive December 19, 2024December 19, 2024 < 1 min read ExecutivesDollar Tree 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree CFO to step down next year While financial performance improved during Q3, the retailer now faces the additional challenge of searching for a new CEO and CFO. Grocery Dive December 4, 2024December 4, 2024 < 1 min read ExecutivesDollar TreeResults & Investment 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar stores are struggling to win over bargain hunters — here’s why Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week. CNBC December 3, 2024December 3, 2024 < 1 min read Brick and MortarResults & InvestmentDollar GeneralDollar Tree 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Here’s why Dollar Tree and Dollar General stocks have plummeted Dollar stores are dealing with a mix of both economic and self-inflicted problems. CNBC November 21, 2024November 21, 2024 < 1 min read Dollar TreeDollar GeneralEconomyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree names new leader to guide Family Dollar’s future The company this week also named a new chief of its namesake banner and a new chief people officer. RetailDive November 14, 2024November 14, 2024 < 1 min read Predictions and ForecastsFamily DollarDollar Tree 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree CEO steps down Rick Dreiling’s departure due to health concerns comes as the company is navigating several challenges, including a possible spin off or sale of its Family Dollar banner. RetailDive November 5, 2024November 5, 2024 < 1 min read ExecutivesDollar TreeHealth & WellnessFamily Dollar 0 Saving Bookmark this article Bookmarked
Data & Insights Family Dollar Selects AI-Powered Solution to Enhance Category Management Family Dollar will use solutions from Dunnhumby to make merchandising and category management more customer-centric across its store network. Dunnhumby will use customer data science as well as consumer-led insights and collaboration to help Family Dollar make merchandising decisions that drive greater engagement with the retailer’s 66 million shoppers. The Family Dollar platform will be […] Retail TouchPoints September 9, 2024September 9, 2024 2 min read MerchandisingShoppersAITechnology & InnovationFamily DollarBrick and MortarBig DatadunnhumbyInsight ProvidersMarketing: Retail MediaData & InsightsDollar TreeMarketing: Social MediaMarketing: UGCPredictions and ForecastsConsumersStrategyStore Location 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General and Dollar Tree see lackluster Q2 results but bright spot with consumables Pressures on consumer spending are impacting both discounters, executives noted in their recent earnings calls. Grocery Dive September 5, 2024September 5, 2024 < 1 min read Dollar TreeDollar GeneralResults & InvestmentExecutivesConsumers 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree delivers weak Q2, cuts full-year guidance Family Dollar customers are leaving for other stores like Walmart, according to analysts, as the banner shrinks its footprint. RetailDive September 4, 2024September 4, 2024 < 1 min read Dollar TreeWalmartFamily DollarBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer Dollar Tree shares plunge 20% after discounter cuts full-year forecast Dollar stores, in particular, have felt pinched as their core customer makes trade-offs after a prolonged period of pricier food and everyday costs. CNBC September 4, 2024September 4, 2024 < 1 min read Predictions and ForecastsDollar TreeShoppersDept. GroceryBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts. CNBC August 27, 2024August 27, 2024 < 1 min read KrogerDollar TreeDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Report: Dollar General, Dollar Tree, and Kroger are charging customers millions in cash-back fees The Consumer Financial Protection Bureau found those retailers collect more than $90 million a year via the charges Supermarket News August 27, 2024August 27, 2024 < 1 min read KrogerDollar TreeDollar GeneralResults & InvestmentConsumers 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Adidas Faces Nearly $400,000 in New Fines for Ongoing Safety Violations at NY Warehouse Adidas America, a subsidiary of Adidas AG, is facing nearly $400,000 in new fines for fall hazards at its Chester, N.Y. warehouse, according to a statement from the U.S. Occupational Safety and Health Administration (OSHA). The company was already cited for $17,403 in penalties in March 2022, after a 2021 OSHA inspection discovered an absence […] Retail TouchPoints August 20, 2024August 20, 2024 2 min read Dept. ApparelOperations & Supply ChainAssociatesMarketing: Social MediaAmazonHealth & WellnessDollar TreeDollar GeneralBrick and Mortar 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Dollar Tree rotacart deliveries reach 600 stores The discount retailer has been working to reduce unloading times and achieve other efficiencies across its supply chain. RetailDive July 15, 2024July 15, 2024 < 1 min read Dollar TreeBrick and MortarOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Trends & External Forces 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. RetailWire June 19, 2024June 19, 2024 < 1 min read GovernmentDollar Tree 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Divesting Family Dollar mulled by Dollar Tree CHESAPEAKE, Va. — Dollar Tree Inc. has launched a review of “strategic alternatives” for its beleaguered Family Dollar unit, including “a potential sale, spin-off or other disposition of the business.” The announcement comes as Dollar Tree confronts a changing economic environment that has prompted a portfolio review. Company executives have identified some 600 Family Dollar […] MMR June 18, 2024June 18, 2024 3 min read Dollar TreeFamily DollarBrick and MortarResults & InvestmentExecutivesStrategyStore LocationShoppersEconomyGovernmentInternational - North AmericaOperations & Supply ChainSustainabilityCOVID19Dollar GeneralBankruptcy 0 Saving Bookmark this article Bookmarked
Stores & Formats Store closings are up significantly NEW YORK — Ahold Delhaize recently said it would shutter an undetermined number of underperforming Stop & Shop supermarkets this year, joining what some press reports have described as a “tsunami” of planned retail store closings. Coresight Research, which tracks store openings and closings, said that as of May 31, major U.S. retailers have announced […] MMR June 17, 2024June 17, 2024 2 min read Brick and MortarCVSTechnology & InnovationAhold DelhaizeWalgreensDollar TreeHealth & WellnessFamily DollarBankruptcyDept. ApparelHy-VeeRegional GroceryDollar GeneralWalmartDivestituresStrategyRite AidWeatherAldi7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Channel: Grocery MMR honors ‘Most Influential Women’ of 2024 MMR held an event in New York this week to honor Mass Market Retailing’s Most Influential Women of 2024. The retail honorees who attended included Alisa Dart of Dollar Tree/Family Dollar, Lindsay Knoop of Hy-Vee, Jocelyn Konrad of Dollar Tree/Family Dollar, Jennifer Lambert of Hy-Vee, Jill Pavlovich of Albertsons, Bonita Price of Dollar Tree/Family Dollar, […] MMR June 14, 2024June 14, 2024 4 min read Hy-VeeRegional GroceryData & InsightsExecutivesHealth & WellnessDollar TreeFamily DollarStrategyKrogerNestleHEBPublixAlbertsons / SafewayDept. PharmacyMerchandisingBrick and MortarConsumersShoppersPredictions and ForecastsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree exploring spin off or sale of Family Dollar CHESAPEAKE, Va. – Dollar Tree Inc. has launched a review of “strategic alternatives” for its beleaguered Family Dollar unit, including “a potential sale, spin off or other disposition of the business.” The announcement comes as Dollar Tree confronts a challenging economic environment for deep discounters, prompting an ongoing portfolio review. As part of that review, […] MMR June 8, 2024June 8, 2024 3 min read Dollar TreeFamily DollarBrick and MortarResults & InvestmentExecutivesEconomyGovernmentInternational - North AmericaOperations & Supply ChainSustainabilityStore LocationStrategyBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree Considers Selling Family Dollar Stores as it Reviews Alternatives Dollar Tree, Inc. has initiated a strategic review of its struggling Family Dollar segment, considering options including a sale, a spinoff or “other disposition of the business,” according to a statement. “Dollar Tree has been on a multi-year journey to help the company fully achieve its potential,” said Rick Dreiling, Chairman and CEO of Dollar […] Retail TouchPoints June 7, 2024June 7, 2024 < 1 min read Brick and MortarDollar TreeFamily DollarMarketing: UGCMarketing: Social MediaExecutivesMergersResults & InvestmentReturnsLegal & CriminalBankruptcyTargetStrategyMerchandisingAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree is exploring a sale of its Family Dollar brand Dollar Tree also posted first-quarter earnings that met expectations, but showed Family Dollar sales lagging. CNBC June 5, 2024June 12, 2024 < 1 min read Family DollarDollar TreeResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree to explore spinoff or sale of Family Dollar The underperforming banner has been a drag on operations since its acquisition. Grocery Dive June 5, 2024June 5, 2024 < 1 min read Family DollarDollar TreeAcquisitionOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Merchandising SpartanNash adds VP for merchandising and pharmacy GRAND RAPIDS, Mich.— SpartanNash has named Graham McIvor to the newly created post of vice president for merchandising and pharmacy, effective immediately. He will be tasked with accelerating critical components of the company’s merchandising transformation and driving the strategic transformation of the pharmacy business, the food solutions company said. “Continuously progressing our merchandising transformation is […] MMR June 4, 2024June 4, 2024 2 min read MerchandisingRegional GroceryDept. PharmacySpartanNashShoppersData & InsightsStrategyExecutivesFamily DollarSustainabilityResults & InvestmentPredictions and ForecastsBrick and MortarDept. PetMarketing: Social MediaDollar TreeDept. GroceryDept. Center StoreUnileverBig Lots 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree acquires 99 Cents Only’s North American IP The retailer also bought up the rights to 170 store leases, with plans to rebrand and reopen them “as early as fall 2024.” RetailDive May 30, 2024May 30, 2024 < 1 min read Dollar TreeAcquisitionPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree acquires rights to 99 Cents Only Stores CHESAPEAKE, Va. — Dollar Tree Inc. today said it has acquired the designation rights to 170 leases of 99 Cents Only Stores in four states: Arizona, California, Nevada and Texas. The deal also gives Dollar Tree select intellectual property rights, as well as equipment including on-site furniture and fixtures, the company said in announcing the […] MMR May 29, 2024May 29, 2024 2 min read Dollar TreeBrick and MortarAcquisitionFamily DollarExecutivesBankruptcyEconomyStrategyGovernmentInternational - North AmericaStore FormatData & InsightsMarketing: Social MediaOperations & Supply ChainPredictions and ForecastsResults & InvestmentSustainability 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree confirms more layoffs at corporate office The discounter has recently reviewed its underperforming Family Dollar business, shifted its pricing strategy and overhauled its leadership. RetailDive May 28, 2024May 28, 2024 < 1 min read Dollar TreeDept. NonfoodStrategyFamily Dollar 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Tornado destroys Dollar Tree Oklahoma distribution center None of the warehouse’s 456 associates were harmed during the disaster and are being given resources to help with temporary work relocation. RetailDive May 7, 2024May 7, 2024 < 1 min read Operations & Supply ChainWeatherDollar TreeAssociates 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree poised to gain most as 99 Cents Only disappears Despite the bankrupt discounter’s small footprint, its store closures offer a meaningful opportunity for rivals to grab share, analysts say. RetailDive April 18, 2024April 18, 2024 < 1 min read Dollar TreeBankruptcy 0 Saving Bookmark this article Bookmarked
Data & Insights Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Valentine’s Day flower sales could shift to FTD, other brands in 2025 1-800-Flowers still leads in US, FTD is gaining share 1-800-Flowers is the largest flower service by sales headed into Valentine’s Day 2025, according to Earnest credit card data. However, the industry stalwart is likely to lose share this season if recent trends continue. Access chart in Dash. 1-800-Flowers commanded 37.0% of Valentine’s Day flower sales […] Written by Earnest Research February 11, 2025February 11, 2025 Saving Bookmark this article Bookmarked
Holiday & Events Holiday & Events Shoppers believe best holiday deals are after holidays A good number of consumers, over 77%, believe there are better deals available after the holidays, and nearly 51% plan to take advantage by making a large purchase in late December and January. Those are top findings from a Holiday Green survey, from CouponCabin, regarding consumer habits in the post-holiday time frame. When it comes to post-holiday […] Written by Retail Customer Experience January 17, 2025January 17, 2025 Saving Bookmark this article Bookmarked
Trends & External Forces Data & Insights Technology & Innovation Trends & External Forces 2025 Outlook: A Snapshot into Ad Spend, Opportunities, and Strategies for Growth IAB’s 2025 Outlook: A Snapshot into Ad Spend, Opportunities, and Strategies for Growth offering an early glimpse into ad spending trends for the coming year. The report is a must-read to gain and understanding of brand and agency buyers’ growth strategies and the challenges they foresee. The report covers: 2025 projections for the market overall […] Written by IAB January 16, 2025January 17, 2025 Saving Bookmark this article Bookmarked
Uncategorized A major shift in North American grocery retail Spending is migrating away from traditional supermarkets and hypermarkets to channels that better align with busy lifestyles. The post A major shift in North American grocery retail appeared first on Retail Insight Network. Written by Retail Insights Network January 14, 2025January 14, 2025 Saving Bookmark this article Bookmarked
Data & Insights Technology & Innovation AI at the retail edge: What’s possible now There’s been a lot of talk lately about artificial intelligence (AI) and generative AI (GenAI) and how these technologies are going to revolutionize retail. But the retail revolution can’t be accomplished with sweeping generalizations about putting more technology into stores. Successful retail outcomes are built using technology to solve specific challenges, expanding on wins and […] Written by RetailDive January 13, 2025January 13, 2025 Saving Bookmark this article Bookmarked