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 […] MMR May 26, 2022May 26, 2022 2 min read Results & InvestmentDollar TreeOperations & Supply ChainAssociatesBrick and MortarFamily DollarData & InsightsShoppersTechnology & InnovationExecutivesMerchandisingMarketing: SocialPredictions and ForecastsCustomer Experience 0 Saving Bookmark this article Bookmarked
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 […] MMR May 23, 2022May 23, 2022 2 min read ExecutivesOperations & Supply ChainDollar GeneralDollar TreeFamily DollarDept. BeverageDept. NonfoodDept. GroceryStore FormatAlbertsons / SafewayBrick and MortarDept. PetConsumersAssociatesMerchandisingRite AidShoppersStore LocationEconomyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat May 21, 2022May 21, 2022 2 min read Operations & Supply ChainFamily DollarGovernmentDeliveryBrick and MortarDollar TreeDept. GroceryAssociates 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Family Dollar to shutter rat infested warehouse Family Dollar is permanently closing a distribution center in Arkansas that was found earlier this year to be infested with rodents. The infestation led to the temporary closures of more than 400 stores as goods shipped from the warehouse were potentially contaminated. RetailWire May 20, 2022May 20, 2022 < 1 min read Operations & Supply ChainFamily DollarBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree names chief supply chain officer, Family Dollar chief merchant John Flanigan, Larry Gatta join deep discount chain from rival Dollar General Supermarket News May 13, 2022May 13, 2022 < 1 min read Operations & Supply ChainFamily DollarExecutivesDollar TreeDollar General 0 Saving Bookmark this article Bookmarked
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 […] MMR May 12, 2022May 12, 2022 3 min read Operations & Supply ChainDollar TreeExecutivesDollar GeneralFamily DollarStore FormatDept. BeverageDept. NonfoodBrick and MortarMerchandisingDept. GroceryAlbertsons / SafewayAssociatesConsumersData & InsightsShoppersDept. PetEconomyRite AidStore LocationTechnology & Innovation 0 Saving Bookmark this article Bookmarked
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. RetailWire May 2, 2022May 2, 2022 < 1 min read Family DollarOperations & Supply ChainDept. GroceryBrick and Mortar 0 Saving Bookmark this article Bookmarked
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 […] MMR April 13, 2022April 14, 2022 2 min read Save A LotExecutivesMerchandisingPartnershipsOperations & Supply ChainWalmartConsumersTechnology & InnovationFamily DollarVendorsUnited Natural FoodsDept. GroceryStrategyAssociatesMarketing: SocialBrick and MortarBig LotsAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked 3
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 […] MMR March 21, 2022March 21, 2022 2 min read Dollar TreeExecutivesSustainabilityFamily DollarAcquisitionResults & InvestmentDollar GeneralBrick and MortarESG and CSRStrategyConsulting 0 Saving Bookmark this article Bookmarked
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) […] Branding Strategy March 14, 2022March 14, 2022 4 min read Dollar TreeMarketing: BrandStrategyShoppersAssociatesRestaurantsDept. DairyConsumersDept. BeverageDeliveryInternationalBrick and MortarMarketing: SocialDept. FreshTechnology & InnovationTargetPricing & PromotionsCostcoFamily DollarExecutivesDept. RefrigeratedEconomyCOVID19Walmart7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
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 … […] MorningNewsBeat March 10, 2022March 10, 2022 2 min read Dollar GeneralResults & InvestmentShoppersBrick and MortarEconomyTrends: FinancePartnershipsBNPLTechnology & InnovationFamily Dollar 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat March 7, 2022March 7, 2022 4 min read KrogerResults & InvestmentBrick and MortarStrategyShoppersConsumersOperations & Supply ChainCompetitionDept. PetMarketing: Retail MediaPublixDept. GroceryInsight ProvidersdunnhumbyTechnology & InnovationTargetOwned Brands (Private Label)WalmartGoogleFamily DollarDollar TreeData & InsightsDeliveryDept. Fresh84.51 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat March 4, 2022March 4, 2022 2 min read Dollar TreeBrick and MortarFamily DollarReturnsDept. GroceryStore FormatAssociatesShoppersOperations & Supply ChainMerchandisingExecutives 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat February 23, 2022February 23, 2022 4 min read Whole FoodsDept. GroceryAmazonBrick and MortarDept. FreshFlagship StoresShoppersOperations & Supply ChainAssociatesDeliveryStore FormatMarketing: VoiceTechnology & InnovationTech: CashierlessStore LocationDept. BabyFamily DollarDollar GeneralDept. PerimeterDept. DairyDept. BakeryCOVID19Albertsons / Safeway 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat February 22, 2022February 22, 2022 2 min read Brick and MortarFamily DollarOperations & Supply ChainDept. GroceryExecutivesDollar TreeDept. PetAssociatesAgencies 0 Saving Bookmark this article Bookmarked
Stores & Formats Rodent infestation leads to recalls at more than 400 Family Dollar stores The stores are located across Alabama, Arkansas, Louisiana, Missouri, Mississippi and Tennessee. CNBC February 19, 2022February 19, 2022 < 1 min read Brick and MortarFamily Dollar 0 Saving Bookmark this article Bookmarked
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 […] RetailWire February 4, 2022February 4, 2022 < 1 min read Family DollarDollar TreeDept. NonfoodBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
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 […] fooddeliverynews.com January 13, 2022January 13, 2022 < 1 min read DeliveryInstacartDollar TreePricing & PromotionsFamily DollarPartnershipsDept. NonfoodBrick and MortarExecutivesConsumers 0 Saving Bookmark this article Bookmarked
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 […] Tech Crunch January 13, 2022January 13, 2022 2 min read InstacartDeliveryDept. GroceryBrick and MortarDept. FreshAhold DelhaizePartnershipsConsumersPredictions and ForecastsKrogerAcquisitionTechnology & InnovationWakefernDept. NonfoodDollar TreeFamily DollarHoliday & EventsPublixTargetDept. Fresh Prepared 0 Saving Bookmark this article Bookmarked
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 […] MMR November 23, 2021November 23, 2021 3 min read Dollar TreeBrick and MortarShoppersOperations & Supply ChainConsumersStore LocationFamily DollarEconomyExecutivesMerchandisingResults & InvestmentStrategySustainabilityMarketing: SocialThick Data 0 Saving Bookmark this article Bookmarked
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. RetailWire November 19, 2021November 19, 2021 2 min read Dollar GeneralFamily DollarDollar TreeExecutivesMergersEconomyWalgreensDeliveryInstacartOperations & Supply ChainBrick and MortarResults & InvestmentPredictions and ForecastsWalmartMerchandisingLegal & CriminalGovernmentAcquisition 0 Saving Bookmark this article Bookmarked
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 […] MMR November 3, 2021November 3, 2021 2 min read KrogerExecutivesData & InsightsOperations & Supply ChainMerchandisingShoppersBrick and MortarFamily DollarStore FormatAssociatesTechnology & InnovationAlbertsons / SafewayMarketing: SocialPredictions and ForecastsDollar TreeAhold Delhaize 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat November 1, 2021November 1, 2021 < 1 min read InstacartDeliveryDollar TreeMarketing: In StoreBrick and MortarShoppersAhold DelhaizeKrogerPricing & PromotionsFamily Dollar 0 Saving Bookmark this article Bookmarked
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 […] RetailWire October 30, 2021October 30, 2021 < 1 min read Dollar TreeDeliveryInstacartPartnershipsFamily DollarExecutivesConsumersBrick and Mortar 0 Saving Bookmark this article Bookmarked
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 […] MMR October 28, 2021October 28, 2021 2 min read InstacartDeliveryPartnershipsDollar TreeShoppersFamily DollarBrick and MortarDept. NonfoodConsumersExecutivesMarketing: Social 0 Saving Bookmark this article Bookmarked
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 […] MMR October 19, 2021October 19, 2021 < 1 min read Dollar TreeOperations & Supply ChainExecutivesBrick and MortarPartnershipsFamily DollarData & InsightsMarketing: In StoreMerchandisingStrategy 0 Saving Bookmark this article Bookmarked
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 […] Earnest Research October 14, 2021October 14, 2021 4 min read Dollar GeneralShoppersConsumersTechnology & InnovationResults & InvestmentBrick and MortarDept. NonfoodDollar TreeFamily DollarCOVID19Marketing: SocialCompetitionDept. HBCEconomyExecutivesData & InsightsBig LotsHealth & WellnessMerchandisingBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
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 […] MMR October 11, 2021October 11, 2021 2 min read Dollar TreeBrick and MortarOperations & Supply ChainShoppersResults & InvestmentExecutivesStore FormatEconomyMarketing: Digital MediaPredictions and ForecastsFamily Dollar 0 Saving Bookmark this article Bookmarked
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 […] Grocerant Guru October 7, 2021October 25, 2021 4 min read Dollar TreeConsumersBPData & InsightsBrick and MortarMarketing: SocialShoppersDept. GroceryFamily DollarMerchandisingConsultingStore FormatStrategyDept. NonfoodDept. Toys & GamesExecutivesInsight ProvidersInternational - North AmericaTechnology & Innovation 0 Saving Bookmark this article Bookmarked
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 […] MMR September 29, 2021September 29, 2021 2 min read Dollar TreeBrick and MortarMerchandisingStore FormatShoppersFamily DollarExecutives 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Shopper & Customer How to create the best delivery experience: 3 key factors As more consumers go online for their purchases, good delivery has become more important than ever. Find out how to step up your delivery game. Written by Future of Commerce May 27, 2022May 27, 2022 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Channel: Dollar/Value Corporate Strategy Corporate Finance Department: Consumer Durables Media & Marketing Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain 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 […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Data & Insights Corporate Strategy Department: HBC Media & Marketing Data & Insights Shopper & Customer Trends & External Forces 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 […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Retailer Media Corporate Strategy Media & Marketing Retailer Media 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. Written by Bobsled Marketing May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Corporate Finance Retail Earnings Confuse Rather than Clarify Earnings, and retail earnings in particular, are not as straightforward as they sometimes seem. Written by NASDAQ May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked