Family Dollar

  1. Channel: Dollar/Value

Dollar Tree’s Q1 earnings beat expectations

CHESAPEAKE, Va.— Dollar Tree reported a 43.2% increase in net income, to $536.4 million for the first quarter ended April 30. Diluted earnings per share for the quarter increased 48.1% to a first-quarter company record $2.37, compared to $1.60 in the prior year’s quarter, the company said Thursday. Consolidated net sales increased 6.5% to $6.90 […]
2 min read
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  1. Channel: Dollar/Value

Flanigan and Gatta join Dollar Tree’s leadership

CHESAPEAKE, Va. — Dollar Tree Inc. has added two members to its leadership team, naming John Flanigan chief supply chain officer and Larry Gatta chief merchandising officer for its Family Dollar banner. Both Flanigan and Gatta spent time at Dollar General Corp. during the tenure of Rick Dreiling, the former Dollar General chief executive who […]
2 min read
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  1. Operations & Supply Chain

Family Dollar To Permanently Close Rat-Infested Warehouse

Family Dollar announced this week that it is closing down the West Memphis, Arkansas, warehouse that was discovered earlier this year to have a massive rodent infestation, which prompted a recall of items that were held there and might have been contaminated.  However, the company maintained that the closure was not related to the Food […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree adds two to leadership team

CHESAPEAKE, Va. — Dollar Tree has made two key additions to its leadership team, naming John Flanigan chief supply chain officer and Larry Gatta chief merchandising officer for the Family Dollar banner. “Driving supply chain efficiencies and improving the operating performance of our Family Dollar banner are important elements to long-term value creation for our […]
3 min read
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  1. Channel: Dollar/Value

Arkansas sues Family Dollar over ‘massive and long-lasting’ rodent infestation

The Arkansas attorney general is suing Family Dollar for what it describes as a “massive and long-lasting” rodent infestation at the retailer’s distribution center in West Memphis. The suit follows a Food and Drug Administration inspection that tied infestation at 400 stores to the DC.
< 1 min read
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  1. Channel: Grocery

Save A Lot names Trey Johnson chief merchant

ST. LOUIS — The discount grocery retailer Save A Lot has appointed Trey Johnson as its new chief merchandising officer. He will report directly to chief executive officer Leon Bergmann. Johnson brings more than 30 years of experience to his new role, working with prominent brands and organizations including Albertsons, Big Lots, Family Dollar, Jewel […]
2 min read
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  1. Channel: Dollar/Value

Dreiling appointed to top post on Dollar Tree board

CHESAPEAKE, Va. — Dollar Tree Inc. has shaken up its board of directors, naming Rick Dreiling, former chief executive officer of Dollar General Corp., executive chairman and adding Paul Hilal, CEO of private equity firm Mantle Ridge LP, as vice chair along with five other new directors. Former chairman and CEO Bob Sasser and five […]
2 min read
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  1. Channel: Dollar/Value

A Brand Is More Than Its Name

Brands are dynamic. Great brand leadership evolves brands in order for brands to stay relevant and differentiated in the customer’s mind. Just because a brand evolves to deliver its promise in a more relevant, differentiated manner does not mean the brand must change its name. Pizza Hut sells more than pizza. UPS (United Parcel Service) […]
4 min read
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  1. Channel: Dollar/Value

Dollar General Debuts New Financial Services Portfolio

Dollar General yesterday announced what it called “a series of new financial services aimed at increasing access to banking options and providing additional customer payment alternatives.” Among the offerings introduced is the “spendwell Financial Service,” described as “an innovative, new bank account that provides customers with additional convenience to access and manage personal finances … […]
2 min read
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  1. Channel: Grocery

Your Views:  Mixed Reactions To Kroger’s Pure-Play E-Grocery Strategy

On Friday, MNB reported that Kroger plans to bring its hub-and-spoke approach to an pure-play e-grocery model to three new markets – Austin and San Antonio, Texas, and Birmingham, Alabama. I commented, in part: It seems to me that what we are watching here is the creation of a new competitive reality that will affect […]
4 min read
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  1. Channel: Dollar/Value

Dollar Tree Lays Out 2022 Expansion Plans (Rat Nests Not Included)

Dollar Tree said this week that during the current fiscal year, it “plans to open 590 new stores and to renovate 800 Family Dollar stores. The new stores are expected to consist of 190 Dollar Tree stores and 400 Family Dollar stores. Approximately 350 of the new Family Dollar stores will be in the Combo […]
2 min read
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  1. Channel: Grocery - Natural

Your Views:  Just A Hunch

Yesterday we linked to a CNBC story speculating that Amazon’s grocery business has turned into an “expensive hobby,” as it has tried a number of different strategies and tactics without achieving the dominance that it has reached in other segments. I commented, in part: I do think that it is important for investors, analysts and […]
4 min read
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  1. Stores & Formats

Warehouse Rodent Infestation Closes 400+ Family Dollar Stores

The New York Times reports that Family Dollar had to temporarily close “more than 400 stores after the discovery of a rodent infestation and other unsanitary conditions at a distribution center in Arkansas touched off a far-reaching recall of food, dietary supplements, cosmetics and other products. “A recent Food and Drug Administration inspection of the […]
2 min read
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  1. Channel: Dollar/Value

Family Dollar fined in Mass. for meal break violations

The Massachusetts Attorney General’s office has fined the chain, owned by Dollar Tree, $1.5 million for over 3,900 violations of the state’s breaks and time off regulations, which are designed to safeguard an employee’s right to a break of at least 30 minutes for every six hours worked. The AG determined through investigations that the […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Instacart offers one-hour delivery at Dollar Tree

Speed continues to be the name of the game in grocery delivery. Instacart and Dollar Tree are working together to offer one-hour delivery at locations across the country. “When it comes to major household expenses, we know every dollar counts,” said Instacart President Carolyn Everson said. “That’s why we’re proud to expand our footprint with […]
< 1 min read
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  1. Channel: Delivery

Instacart doubles down on its ready-made meals offering with new hub and faster delivery

Instacart is introducing a new “Ready Meals” hub to make it easier for users to discover and order ready-made meals from grocery stores on its app. The on-demand grocery delivery platform has offered ready-made meals since January 2020 but says the option was not as visible or prominent in its app, which is why it’s […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree rolling out $1.25 price point in all stores

CHESAPEAKE, Va. — Dollar Tree Inc. on Tuesday reported third-quarter results that were in line with Wall Street’s expectations, and announced that it would be rolling out a higher price point in all stores. Dollar Tree’s consolidated net sales for the quarter increased 3.9% to $6.42 billion. Same-store sales were up 1.6% for the company […]
3 min read
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  1. Channel: Dollar/Value

Former Dollar General CEO may finally get his chance to fix what ails Family Dollar

The activist investor Mantle Ridge has taken a $1.8 billion stake in Dollar Tree and is focused on shoring up what the firm and others see as the company’s weak link — Family Dollar.
2 min read
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  1. Channel: Grocery

Harris Teeter promotes Tammy DeBoer to president

MATTHEWS, N.C. — Harris Teeter has named Tammy DeBoer as its next president. She will succeed Rod Antolock, who has announced plans to retire effective February 1. Tammy DeBoer DeBoer currently serves as senior vice president of merchandising, operations, and marketing for Harris Teeter. She joined the retailer, a division of Kroger Co., in 2020 […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree Teams With Instacart For Same-Day Deliveries

Dollar Tree announced over the weekend that it is expanding on its relationship with Instacart “to provide same-day delivery within as fast as an hour from close to 7,000 Dollar Tree stores.” The two companies began working together in November 2020, and according to the announcement, “after achieving success with the pilot project, the companies […]
< 1 min read
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  1. Channel: Dollar/Value

Dollar Tree to offer same-day delivery chain-wide

Dollar Tree has tapped Instacart to make same-day deliveries at its nearly 7,000 namesake and Family Dollar stores across the U.S. “With our focus on best meeting customers’ evolving needs, we are pleased to expand our Instacart partnership to provide even more households across the country with convenience and value on everyday products, as well […]
< 1 min read
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  1. Channel: Dollar/Value

Instacart and Dollar Tree expand partnership

SAN FRANCISCO — Instacart and Dollar Tree are expanding their partnership to offer same-day delivery in as little as one hour from nearly 13,000 Dollar Tree and Family Dollar stores. “With our focus on best meeting customers’ evolving needs, we are pleased to expand our Instacart partnership to provide even more households across the country […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree taps RELEX for forecasting, replenishment

ATLANTA — Dollar Tree Inc. will partner with RELEX Solutions in an effort to improve demand forecasting and replenishment processes across both its Dollar Tree and Family Dollar chains. The RELEX solution will be implemented across all of the retailer’s 15,800 stores and 26 distribution centers in North America to improve collaboration between stores and […]
< 1 min read
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  1. Channel: Dollar/Value

Dollar General Moves Upmarket with Popshelf

While many retailers took a cautious approach to expansion following the COVID outbreak, Dollar General bucked the trend, deciding instead to launch a new concept, Popshelf, mid-pandemic. Courting a new type of customer, it plans to open up to 50 of these locations by the end of the year. Via: Cheapism Key Takeaways Popshelf is […]
4 min read
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  1. Channel: Dollar/Value

Dollar Tree is elevating prices at selected stores

CHESAPEAKE, Va. — Dollar Tree Inc. will begin adding new price points above $1 at all of its Dollar Tree Plus stores while testing higher price points at more than 100 selected legacy Dollar Tree locations. The moves were prompted both by positive customer response to the retailer’s recent format initiatives and by rising operating […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree Gaining Customer Relevance

  Consumers are dynamic not static and companies must be as well.  In a world where consumers pay keen attention too price, value, service at retail there can be no mistake that Dollar Tree has garnered the respect from its customers.  Consumers are evolving all the time within each brand according to Steven Johnson, Grocerant […]
4 min read
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  1. Channel: Dollar/Value

Dollar Tree testing new price points above $1

CHESAPEAKE, Va. — Dollar Tree plans to begin adding new price points above $1 across all its Dollar Tree Plus stores and will begin testing those price points in selected legacy Dollar Tree stores as well. “For decades, our customers have enjoyed the ‘thrill-of-the-hunt’ for value at one dollar — and we remain committed to […]
2 min read
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Editor’s Choice

  1. Channel: Dollar/Value
  2. Channel: Dollar/Value
  3. Corporate Strategy
  4. Corporate Finance
  5. Department: Consumer Durables
  6. Media & Marketing
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Operations & Supply Chain
  11. Stores & Formats

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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  1. Data & Insights
  2. Corporate Strategy
  3. Department: HBC
  4. Media & Marketing
  5. Data & Insights
  6. Shopper & Customer
  7. Trends & External Forces
  8. Merchandising

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Retailer Media
  2. Corporate Strategy
  3. Media & Marketing
  4. Retailer Media
  5. Data & Insights

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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