Dollar Tree

  1. Data & Insights

Dollar Stores Webcast

Join YipitData’s Nick Shields and Ryan Fick on Tuesday, September 24, 2024, at 11:30 AM EDT for an in-depth analysis of Dollar Stores (FIVE, DG, DLTR), where they will explore the companies’ market performance and offer strategic insights. Key topics to be covered include: Top-line trends across Five Below (FIVE), Dollar General (DG), and Dollar […]
< 1 min read
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  1. 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 […]
2 min read
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  1. 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 […]
2 min read
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  1. 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 […]
3 min read
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  1. 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 […]
2 min read
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  1. 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, […]
4 min read
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  1. 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, […]
3 min read
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  1. 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 […]
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  1. 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 […]
2 min read
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  1. 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 […]
2 min read
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  1. Stores & Formats

99 Cents Only Stores Files for Bankruptcy Protection

99 Cents Only Stores announced last week that it had filed for bankruptcy protection in the United States Bankruptcy Court for the District of Delaware, days after it said it was closing all of its 371 locations. Founded in 1982, 99 Cents Only Stores currently operates stores in California, Texas, Arizona and Nevada. Number Holdings, Inc., the parent company […]
2 min read
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  1. Media & Marketing

99 Cents Only to Close All 371 Locations, Hold Liquidation Sale in Business Wind-Down

99 Cents Only Stores will wind down its business and shutter its 371 locations across California, Texas, Arizona and Nevada after more than 40 years in operation. The decision follows a months-long attempt to find an alternative solution, but ultimately the company decided a wind-down was the best way to “maximize the value of 99 Cents Only Stores’ assets,” the company said […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree retrenching after disappointing Q4

CHESAPEAKE, Va. — Dollar Tree Inc. reported disappointing quarterly earnings and offered a downbeat outlook on March 13 and announced plans to shutter about 1,000 stores, nearly all of which operate under its Family Dollar banner. As part of an ongoing portfolio review, company executives have identified some 600 Family Dollar stores to close in […]
2 min read
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See this visualization first on the Voronoi app. Use This Visualization Ranked: Occupations With the Most Projected Job Cuts This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. As the economy shifts, the employment landscape changes. […]
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Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting

Adobe expects U.S. online sales to hit a record $240.8 billion this holiday shopping season (covering the period from Nov. 1 to Dec. 31), representing 8.4% growth year-over-year. Shopping on mobile devices also is expected to hit a new milestone, growing 12.8% YoY to contribute a record $128.1 billion, which would represent a 53.2% share of online spend this season […]
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Future of Marketing: Part One

Today, we’re kicking off a special two-part series answering your questions about all things marketing.  Scott puts on his professor hat and answers your questions surrounding common marketing misconceptions, the power of community-driven marketing, and what the future holds for the industry.  Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy “The […]
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Charted: Maxed-Out Credit Cards by Generation

See this visualization first on the Voronoi app. Use This Visualization Credit Card Utilization By Generation This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In the first quarter of 2024, the nationwide aggregate credit card […]
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