"As part of the transactions, Dollar Tree also acquired the North American Intellectual Property of 99 Cents Only Stores and select on-site furniture, fixtures, and equipment," said the Virginia-based company. "As we continue to execute on our accelerated growth strategy for the Dollar Tree br...
Differentiation is a key driver as retailers in the segment develop new products to boost their own-brand assortments. Dollar Tree Reviewing 'Strategic Alternatives' For Family Dollar The retailer is weighing several options for Family Dollar, which includes selling the dollar store chain. ...
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A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Three of the nation's largest retailers — Dollar General, Dollar Tree and Kroger — charge fees to customers who ask for "cashback" at check-out, amounting to more than$90 milli...
Same-store sales for the company's Dollar Tree brand rose 1.7% while Family Dollar sales climbed only 0.1%. Enterprise sales rose 1%. Revenue rose to $7.63 billion, up about 4% from $7.32 billion a year earlier. The company said it expects sales for the second quarter w...
Discount store company Dollar Tree announced Wednesday it is exploring a potential sale of its struggling Family Dollar brand and has retained JPMorgan Chase to lead a review of the business. Dollar Tree said in a statement that the "formal review of strategic alternatives" for the Family Doll...
In 1953, K.R. Perry opened a five-and-dime arts and crafts store in downtown Norfolk, Virginia. The store expanded its stock to toys and other everyday items, and renamed itself K&K 5&10. The name changed again to Only $1.00 and then, in 1994, to the Dollar Tree brand you know ...
expansion at Dollar Tree, which we believe will be a long-term growth driver, continues to resonate with our customers." He described the retailer as "a solution for families who may be feeling the financial strain of inflation," including families who don't live near a grocery store or ...
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