\r\n\t \r","showSummary":null,"url":"/news/q-dollar-tree-sales-rise-billion","date":"2017-08-25T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":63057,"url":"https://assets1.drugstorenews.com/styles/secondary_articles_short/s3/teaser_image_389641.jpg?itok=UYO1qeBs","width":767,"height":575,"alt":null},"topics":[{"name":"News","url":"/news"},{"name":"RETAIL NEWS","url":"/retail-news"},{"name":"Top Retailers","url":"/top-retailers"},{"name":"Financial News","url":"/financial-news"},{"name":"Family Dollar","url":"/family-dollar"}],"attachedFiles":[]},{"title":"Family Dollar to host Open Buy Day for household, HBC, GM, food and pet suppliers","id":23056,"bundle":"article","summary":"
MATTHEWS, N.C. — Family Dollar, in an effort to meet new potential branded and private-brand suppliers, is holding two Open Buy Days at its headquarters here in October. The first segment of the Open Buy Day, for household cleaning, paper, general merchandise and health and beauty care, will be held Oct. 19. The second segment will follow this on Oct. 26 for the food, beverage and pet categories.
Discount and dollar store chains performed remarkably well in H1 2023, and the strength has mostly continued into the second half of the year as many of the chains expanded their footprints, per Placer.ai.
Dollar Tree reported net sales increased by 7.5% to $6.177 billion and same-store sales increased by 5.1%, as well as plans to renovate approximately 1,250 Family Dollar stores in 2021.
Dollar Tree announced plans to close Family Dollar’s store support centers in North Carolina and Virginia, which are to be relocated to its newly-completed office tower in Virginia.
CHESAPEAKE, Va. — There's been a changing of the guard at Dollar Tree as the man who grew the chain into a $22 billion retail powerhouse moves into a new role.
The discounter has appointed Gary Philbin, enterprise president, as CEO, effective immediately. He succeeds Bob Sasser, who will become executive chairman of Dollar Tree's board.
CHESAPEAKE, Va. — Dollar Tree on Thursday posted consolidated net sales of $5.3 billion, representing an increase of 5.7%, for its second fiscal quarter ended July 29.
MATTHEWS, N.C. — Family Dollar, in an effort to meet new potential branded and private-brand suppliers, is holding two Open Buy Days at its headquarters here in October. The first segment of the Open Buy Day, for household cleaning, paper, general merchandise and health and beauty care, will be held Oct. 19. The second segment will follow this on Oct. 26 for the food, beverage and pet categories.