Content about Dollar Tree

March 19, 2013
Sam's Club and Amazon rank top among customers in terms of experience

Based on a study of 10,000 U.S. consumers, Sam's Club and Amazon earned the top spots in the retail sector of the "2013 Temkin Experience Ratings," the Temkin Group announced Tuesday.

WABAN, Mass. — Based on a study of 10,000 U.S. consumers, Sam's Club and Amazon earned the top spots in the retail sector of the "2013 Temkin Experience Ratings," the Temkin Group announced Tuesday. 

Six additional retailers were in the top 20 overall, including Costco, which was tied for the No. 13 spot with Nordstrom. Four retailers tied for the No. 20 spot, including BJs Wholesale, Dollar Tree, PetSmart and Walgreens. Thirty-six out of the 44 retailers in the study earned a "good" or "excellent" rating.

February 27, 2013
Dollar Tree reports Q4, 2012 fiscal year results

Dollar Tree reported consolidated net sales for the fourth-quarter jumped 15.4% to $2.25 billion compared with $1.95 billion reported for the quarter ended Jan. 28, 2012.

CHESAPEAKE, Va. — Dollar Tree reported consolidated net sales for the fourth-quarter jumped 15.4% to $2.25 billion compared with $1.95 billion reported for the quarter ended Jan. 28, 2012. Comparable-store sales increased 2.4%, on top of a 7.3% increase for the fourth quarter 2011.

Earnings per diluted share for the fourth quarter were $1.01, an increase of 26.3% compared with the 80 cents earnings per diluted share reported for the fourth quarter 2011.

January 2, 2013
Dollar Tree continues growth, expands distribution center

The retailer has grown steadily according to president and CEO Bob Sasser, leading the company to expand its Marietta, Okla. distribution center.

CHESAPEAKE, Va. — "Dollar Tree has grown steadily for 26 years,” said Bob Sasser, president and CEO of Dollar Tree. That steady growth has led Dollar Tree to expand its Marietta, Okla. distribution center by 400,000 sq. ft., the company announced.

The facility in Marietta opened in 2003 and is currently 603,000 sq. ft. This facility supplies products to our stores across eleven states, including all of Oklahoma, Kansas, Colorado, New Mexico and Texas, and portions of Louisiana, Arkansas, Missouri, Nebraska, South Dakota, Wyoming and Montana.

August 17, 2012
Consumer channel surfing has dollar channel and club riding bigger waves

Consumers shop as many as seven retail channels in pursuit of the best value, SymphonyIRI Group reported Wednesday.

CHICAGO — Consumers shop as many as seven retail channels in pursuit of the best value, SymphonyIRI Group reported Wednesday.

May 29, 2012
Dollar Tree to split common stock 2-to-1

Dollar Tree on Tuesday approved a 2-for-1 stock split in the form of a 100% common stock dividend. The new shares will be distributed June 26 for shareholders of record as of the close of business on June 12.

CHESAPEAKE, Va. — Dollar Tree on Tuesday approved a 2-for-1 stock split in the form of a 100% common stock dividend. The new shares will be distributed June 26 for shareholders of record as of the close of business on June 12.

With the stock split, the number of outstanding shares of the company's common stock will increase from approximately 116 million shares, pre-split, to approximately 232 million shares, post-split.

December 5, 2011
Study: National dollar store chain locations outnumber those of national retail pharmacy chains

The combined store count of the county's largest dollar store chains outnumbers that of the largest retail pharmacy chains as continued economic difficulties drive the channel's growth, according to a new study released Monday by Colliers International.

SEATTLE — The combined store count of the county's largest dollar store chains outnumbers that of the largest retail pharmacy chains as continued economic difficulties drive the channel's growth, according to a new study released Monday by Colliers International.

December 5, 2011
Suppliers’ views on working with Walmart

Optimism, skepticism, confidence and concern were among the range of emotions shared by Walmart suppliers who participated in the second annual Walmart Supplier Survey conducted by Drug Store News’ sister publication Connecting Northwest Arkansas.


Optimism, skepticism, confidence and concern were among the range of emotions shared by Walmart suppliers who participated in the second annual Walmart Supplier Survey conducted by Drug Store News’ sister publication Connecting Northwest Arkansas.


(To view the full results of the Walmart Supplier Survey, click here.)

July 11, 2011
Dollar stores feel effects of recession

The penny-pinching consumers of the recession have become penny-clamping consumers, and dollar stores are starting to feel the effects, according to published reports.

NEW YORK — The penny-pinching consumers of the recession have become penny-clamping consumers, and dollar stores are starting to feel the effects, according to published reports.

November 16, 2010
Dollar Tree completes purchase of Dollar Giant assets

Dollar Tree on Wednesday announced that it has completed its purchase of the assets of...

CHESAPEAKE, Va. Dollar Tree on Wednesday announced that it has completed its purchase of the assets of 86 Dollar Giant stores for approximately $52 million in cash, plus the assumption of certain liabilities.

 

This marks Dollar Tree's first expansion of retail operations outside of the United States.

 

 

October 11, 2010
Dollar Tree moves beyond border

The acquisition of 85 Dollar Giant stores in Canada by Chesapeake, Va.-based Dollar Tree gives...

March 14, 2010
Dollar store stimulus plan

While Sunday morning news pundits debate the effectiveness of the economic stimulus package Congress and...

March 14, 2010
Dollar store stimulus plan.

While Sunday morning news pundits debate the effectiveness of the economic stimulus package that Congress...