RetailWit QuickWit The Daily QuickWit (1/26): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit January 26, 2023January 26, 2023 2 min read AssociatesWalmartMarketing: SocialMarketing: Retail MediaTechnology & InnovationPredictions and ForecastsCostcoOperations & Supply ChainDeliveryCVSExecutivesMetaverseTrends: RetailPodcastsMondelezDept. PharmacyHealth & WellnessKrogerDollar TreeDept. ApparelTrends: Tech 0 Saving Bookmark this article Bookmarked 5
Corporate Strategy Dollar Tree names grocery veteran as CEO Rick Dreiling, a former Dollar General CEO who also served as an executive at Safeway and Vons, will take over leadership of the discounter from Mike Witynski, who is leaving the company. Grocery Dive January 25, 2023January 25, 2023 < 1 min read ExecutivesDollar TreeAlbertsons / SafewayDollar General 0 Saving Bookmark this article Bookmarked
RetailWit QuickWit The Daily QuickWit (1/25): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit January 25, 2023January 26, 2023 2 min read KrogerAmazonExecutivesWalmartHealth & WellnessInternational - UKDept. PharmacyDollar Tree 0 Saving Bookmark this article Bookmarked 5
Corporate Strategy Dollar Tree names former Dollar General exec Rick Dreiling CEO Outgoing CEO Mike Witynski is stepping down from the Dollar Tree board and leaving the company. RetailDive January 25, 2023January 25, 2023 < 1 min read ExecutivesDollar TreeDollar General 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names Rick Dreiling CEO Dreiling will also remain executive chairman after replacing Mike Witynski Supermarket News January 24, 2023January 24, 2023 < 1 min read ExecutivesDollar Tree 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree Taps Executive Chairman as New CEO Dollar Tree CEO Mike Witynski will step down and leave the retailer’s board of directors, with Executive Chairman Rick Dreiling expanding his role to assume the CEO position, effective Jan. 29, 2023. Witynski has held leadership positions at Dollar Tree since starting there in 2010 and was named CEO in 2020. Dreiling had served as […] Retail TouchPoints January 24, 2023January 24, 2023 < 1 min read ExecutivesDollar TreeAcquisitionAssociatesCOVID19Dollar GeneralDept. FreshWalmartFamily DollarMerchandisingOperations & Supply ChainStrategy 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names Rick Dreiling chairman and CEO CHESAPEAKE, Va. — Dollar Tree executive chairman Rick Dreiling will take on the additional role of chief executive officer, effective January 29, the company said on Tuesday. Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020, is stepping down from the board and leaving the […] MMR January 24, 2023January 24, 2023 2 min read ExecutivesDollar TreeAssociatesAcquisitionStrategyFamily DollarDollar GeneralDept. FreshCOVID19 0 Saving Bookmark this article Bookmarked
Shopper & Customer Dollar Stores Stealing Restaurant, C-Store, and Grocery Store Customers Is your brand perishable? Of course, it is. There is retail sector that is using an assortment of perishable foods to garner your customers. That sector according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, stated, “If you think that the dollar store sector in not your fresh food competitor you […] Grocerant Guru January 17, 2023January 17, 2023 3 min read ConsumersBrick and MortarDept. GroceryData & InsightsShoppersRestaurantsTechnology & InnovationMerchandisingFamily DollarDept. PerimeterDept. FreshDollar TreeDollar GeneralKrogerMarketing: In StoreStore Location 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar Store Growth Far Outpaces Other Formats The Wall Street Journal this morning reports that “dollar stores, boosted by demand for less expensive groceries and goods in underserved rural areas, are far outpacing other retailers in opening new stores. “Bricks-and-mortar shopping has rebounded strongly since the height of the pandemic, with many companies now adding new locations. Leading the pack are the […] MorningNewsBeat December 20, 2022December 20, 2022 2 min read Brick and MortarEconomyTechnology & InnovationDollar GeneralDollar TreeAcquisitionStore FormatKrogerAlbertsons / SafewayOperations & Supply ChainDept. NonfoodCOVID19ConsumersAssociatesFamily Dollar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General announces executive moves Ariel dela Cruz GOODLETTSVILLE, Tenn. — Ariel dela Cruz has joined Dollar General as divisional vice president of store operations, in one of three executive moves announced by the company on Monday. Tim Jagneaux has joined Dollar General as vice president of construction, and Megan Kokoska has come aboard as vice president of digital engagement. […] MMR December 6, 2022December 6, 2022 2 min read Dollar GeneralExecutivesOperations & Supply ChainProcter & GambleShoppersMarketing: SocialTractor Supply CompanyResults & InvestmentFamily DollarDollar TreeDept. HBCAssociatesAldi 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree’s Growth and Success Now Focused on Grocerant Food and Beverage With 63.2 percent of all households now consisting of one or two people, Doller Tree’s focus on grocerant niche meals and meal components for them is unlocking the potential legacy grocery stores failed to address according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Doller Tree raised its financial outlook for […] Grocerant Guru November 30, 2022November 30, 2022 3 min read Dollar TreeDept. BeverageDept. GroceryConsumersData & InsightsBrick and MortarFamily DollarEconomyOperations & Supply ChainMarketing: SocialShoppersExecutivesGrocery OutletMarketing: TradeMerchandisingPricing & PromotionsResults & InvestmentStore Location 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree sales up 8.1% in third quarter CHESAPEAKE, Va.— Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were up […] MMR November 24, 2022November 25, 2022 2 min read ExecutivesDollar TreeStore LocationFamily DollarBrick and MortarSustainabilityOperations & Supply ChainShoppersResults & InvestmentAssociatesDollar GeneralInclusivityMarketing: SocialMerchandisingStrategy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Dollar Tree sales jump 8% as revamped retailer chases price-wary consumers The company has a new bench of leaders and has turned its attention to improving price gaps and its shabbier stores. RetailDive November 23, 2022November 23, 2022 < 1 min read ConsumersDollar TreeBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer Dollar Tree sees inflation cut both ways Q3 results remain strong, but margin pressures loom as consumers adopt ‘needs-based shopping’ Supermarket News November 23, 2022November 23, 2022 < 1 min read EconomyDollar TreeConsumers 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree hires 4 new C-suite executives In a continued leadership shakeup, the company named chief compliance, diversity, sustainability and communication officers. RetailDive November 19, 2022November 19, 2022 < 1 min read ExecutivesDollar TreeSustainabilityInclusivity 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree makes four new executive hires The hirings are the latest move in a top management shuffle Supermarket News November 18, 2022November 18, 2022 < 1 min read ExecutivesDollar Tree 0 Saving Bookmark this article Bookmarked
Shopper & Customer Ranked: Gen Z’s Favorite Brands, Compared with Older Generations Can I share this graphic? Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist. When do I need a license? Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. […] Visual Capitalist November 2, 2022November 4, 2022 4 min read ConsumersMarketing: SocialDept. ApparelStreamingGoogleTikTokAssociatesPepsiCoSustainabilityData & InsightsAmazonWalmartMarketing: BroadcastKraftHeinzGovernmentMeta (Facebook)Dollar TreeDoorDashESG and CSRFood DeliveryDept. NonfoodMondelezThick DataDept. Toys & GamesDept. HBCMars Inc.TwitterCoca ColaConsultingTechnology & InnovationTargetKellogg's 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree, Family Dollar to host hiring event CHESAPEAKE, Va. — Dollar Tree Inc. plans to hire thousands of associates for full- and part-time roles during a nationwide hiring event hosted planned for October 19. The event will be held at participating Dollar Tree and Family Dollar stores and will seek to fill positions include sales associates, customer service representatives, stockers, assistant store […] MMR October 11, 2022October 11, 2022 < 1 min read AssociatesDollar TreeFamily DollarBrick and MortarShoppersInclusivityConsumers 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names two top executives CHESAPEAKE, Va. — Dollar Tree Inc. last month announced two new executive hires as the company continues to overhaul its leadership team. Michael Creedon Jr. joins Dollar Tree as its chief operating officer, and Pedro Voyer assumes the role of chief development officer. Creedon comes to the discount retailer from Advance Auto Parts Inc., which […] MMR October 10, 2022October 10, 2022 2 min read ExecutivesDollar TreeInternationalAssociatesDept. BeverageRestaurantsConsumersBrick and MortarDept. BakeryDept. GroceryDept. NonfoodFamily DollarMarketing: In StorePartnershipsShoppersEconomyStrategy 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value SN Top 10: Dollar Tree, KeHE, Schnucks top the week's headlines In this week’s recap of the Top 10 most popular Supermarket News articles, Dollar Tree names new COO ranked as the top story. Michael Creedon has joined Dollar Tree as chief operating officer, marking the chain’s third high-l Supermarket News October 3, 2022October 3, 2022 < 1 min read Dollar TreeExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree Continues to Rebuild C-Suite With COO Hire Discount variety retailer Dollar Tree has hired Michael Creedon, Jr. as its Chief Operating Officer. The hire follows a tumultuous first half of 2022, during which the company’s board was “reconstituted” in March, with the appointment of former Dollar General CEO Rick Dreiling as the Executive Chairman of Dollar Tree’s board, and the departure of […] Retail TouchPoints September 28, 2022September 28, 2022 2 min read ExecutivesDollar TreeInternationalDept. NonfoodBrick and MortarMergersDollar GeneralStrategyFamily DollarInternational - North AmericaOperations & Supply ChainResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree taps Michael Creedon as COO CHESAPEAKE, Va. — Dollar Tree Inc. has added Advance Auto Parts veteran Michael Creedon Jr. to its executive team, naming him chief operating officer. “Mike’s impressive career in retail is rooted in a deep knowledge and understanding of his customers,” Dollar Tree president and chief executive officer Mike Witynski in announcing the hire. “Mike will […] MMR September 27, 2022September 27, 2022 2 min read Dollar TreeExecutivesInternationalDept. NonfoodAssociatesBrick and MortarMarketing: BrandFamily DollarOperations & Supply ChainShoppersPredictions and ForecastsConsumersMarketing: SocialMarketing: In StoreInternational - North AmericaEconomyStrategy 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree hires new COO in ongoing C-suite revamp Michael Creedon, who has led U.S. store operations for Advance Auto Parts, will play a key role as the dollar retailer tries to become more competitive. RetailDive September 26, 2022September 26, 2022 < 1 min read ExecutivesDollar TreeOperations & Supply ChainDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names new COO Latest executive appointment comes after C-suite shakeup in June Supermarket News September 26, 2022September 26, 2022 < 1 min read ExecutivesDollar Tree 0 Saving Bookmark this article Bookmarked
Shopper & Customer Price-Centric Chains Use Inflation To Appeal To Affluent Shoppers CNN has a story about how value-driven retailers – Dollar General, Dollar Tree and Walmart are cited – are taking advantage of inflation to attract higher net worth customers to their stores. For example, CNN reports, “Dollar General CEO Todd Vasos this week said the retail giant has been attracting customers earning $100,000 a year […] MorningNewsBeat September 9, 2022September 9, 2022 2 min read ShoppersEconomyDollar GeneralConsumersDollar TreeWalmartExecutivesDept. NonfoodMarketing: In StoreBrick and MortarDept. HBCResults & InvestmentDept. GroceryDept. Fuel 0 Saving Bookmark this article Bookmarked
Corporate Strategy Lowe’s Marketing Chief Out as Part of ‘Broader Realignment’ Lowe’s EVP and Chief Brand and Marketing Officer Marisa Thalberg has left the company after working with the home improvement retailer since February 2020. The executive’s departure is part of a “broader realignment,” according to a Lowe’s spokesperson, and Thalberg’s position will not be filled; instead, the company will integrate its merchandising and marketing functions. […] Retail TouchPoints September 8, 2022September 8, 2022 2 min read ExecutivesLowesMerchandisingOperations & Supply ChainStrategyRestaurantsBrick and MortarAssociatesInternationalTechnology & InnovationDollar TreeInternational - UK 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree Taps Walmart Vet for CFO as it Prepares for Discount Hit on Margins Dollar Tree has hired Walmart veteran Jeffrey Davis as its new CFO. He joins the off-price retailer as it comes off a strong quarter but prepares for a challenging second half of 2022, as Family Dollar stores accelerate discounts to help compete against other retailers who have been dropping their own prices. Davis was with […] Retail TouchPoints August 26, 2022August 26, 2022 2 min read ExecutivesDollar TreeWalmartResults & InvestmentFamily DollarPartnershipsBrick and MortarCompetitionReturnsOwned Brands (Private Label)RestaurantsStrategyShoppersMarketing: TradePricing & Promotions 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree adds Jeffrey Davis as CFO CHESAPEAKE, Va. — Dollar Tree Inc. has hired Jeffrey Davis to be its chief financial officer, the company said Thursday. Davis will replace Kevin Wampler, who will transition out of his current role as CFO and is expected to remain with the company as an advisor until April 2023 to ensure a smooth transition. Dollar […] MMR August 25, 2022August 25, 2022 2 min read ExecutivesDollar TreeResults & InvestmentWalmartStrategyMarketing: BrandOperations & Supply ChainRestaurantsFamily DollarMarketing: SocialMerchandisingPartnershipsPredictions and ForecastsTechnology & InnovationData & InsightsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree sees second quarter sales gain CHESAPEAKE, Va. — Dollar Tree Inc. reported that its consolidated net sales totaled $6.77 billion in the second quarter ended July 30, up 6.7% versus the prior year period. Comparable store sales were up 7.5% in the Dollar Tree chain, 2% in Family Dollar, and 4.9% for the company as a whole. “Our second quarter […] MMR August 25, 2022August 25, 2022 2 min read Dollar TreeBrick and MortarFamily DollarOperations & Supply ChainAssociatesReturnsResults & InvestmentShoppersOwned Brands (Private Label)Marketing: BrandInternational - North AmericaExecutivesDept. GroceryDept. FuelCustomer ExperienceConsumersTechnology & InnovationMarketing: Social 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2022 CHESAPEAKE, Va.–(BUSINESS WIRE)–Dollar Tree, Inc. (NASDAQ: DLTR) today reported financial results for its second quarter ended July 30, 2022. “Our second quarter performance reinforces the relevance of our brands for millions of households pressured by higher costs for food, fuel, rent and more. We delivered increases of 6.7% in sales, 14.2% in gross profit, 25.7% […] BusinessWire - Conference Calls August 25, 2022August 25, 2022 < 1 min read Dollar TreeResults & InvestmentOwned Brands (Private Label)Dept. GroceryDept. FuelConsumers 0 Saving Bookmark this article Bookmarked
Shopper & Customer Department: Nonfood Corporate Strategy Corporate Finance ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Trends & External Forces Holiday & Events Operations & Supply Chain Millennials Dominated Holiday Shopping Spend — Here’s What it Means for 2023 In a year when holiday spending on gifts, travel and entertainment was down 1 percent from the year prior, one age group bucked that trend in a huge way. Millennials, perhaps aided by increased incomes due to “The Great Reshuffle,” told us it would spend a whopping 11 percent more than it did in 2021, […] Written by Kelly Pedersen January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Data & Insights Department: Consumer Durables ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Holiday & Events Operations & Supply Chain Stores & Formats Retail Traffic Trends #112: Consumer Habits 2023 While some trends come and go, there were a few trends that have stayed with consumers throughout the year. As online shopping continues to be a popular choice for consumers, physical stores can offer shoppers perks that e-commerce can’t replicate. This week we look at trends to increase foot traffic and customer loyalty. […] Written by Doorcounts January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Channel: Grocery - Natural Data & Insights Technology & Innovation Stores & Formats Just Walk Out gives Whole Foods stores an edge, data shows The two stores in the chain outfitted with Amazon’s checkout-free technology did better in some ways than nearby locations without the automated system during the second half of 2022, Placer.ai found. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Channel: Grocery Department: Food Shopper & Customer Trends & External Forces ShopRite adds online filters to help shoppers choose products and recipes The improvements are intended to help shoppers find products and recipes that meet specific criteria, such as dairy-free, vegan, vegetarian and gluten-free. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Department: Nonfood Data & Insights Technology & Innovation 7 online grocery trends for retailers to watch Online grocery shopping is here to stay. Top online grocery trends include AI tools, drone delivery, data security, and ready-made meals. Written by Future of Commerce January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked