Dollar Tree

The discount retailer sees opportunities to expand its store brand assortment at its Dollar Tree and Family Dollar stores.

An increased number of shoppers visited Dollar Tree and Family Dollar locations in the first quarter as the retailer opened more than 100 new stores to begin the fiscal year.

Mike Kindy brings more than 30 years of logistics experience to the dollar store chain.

A new survey from ChaseDesign finds that as shopper frequency across the channel grows, retailers will need to do more to keep them coming back.

With food inflation continuing to impact how consumers shop, visits to dollar & discount stores remain high while visits to supercenters decrease year-over-year.

The retailer plans to debut hundreds of private brand products in 2023, many of which will be developed in its new Virginia test kitchen.

Company officials said the retailer is continuing to invest in employees and technology with the goal of further driving revenue in 2023.

The change in leadership will be official Jan. 29 as Rick Dreiling will take the top spot from current chief executive Mike Witynski.