Dollar Tree

The first quarter of 2022 was successful for the dollar chain, as customers seek value amid an inflationary period.

Dollar Tree has made two additions to its Family Dollar executive leadership team in the areas of supply chain and merchandising.

The company said in a recent earnings call that it plans to add 400 Combo Stores this year, allowing for a larger selection of the two retailers' private brands.

Discount chain Dollar Tree shared strong financial numbers from Q3 of this year while also announcing the company will raise the price point from $1 beginning next year.

A new study from data group Numerator has tracked inflation over five categories, with the grocery sector being hit the hardest compared to last year.

New leader has experience overseeing merchandising at the company as well as Family Dollar and Delhaize.

Dollar Tree makes own brands available quicker with Instacart, now offering same-day delivery in an hour or less.

The retailer saw same-store sales increases in the first quarter for both Dollar Tree and Family Dollar, repeating a strong first quarter a year ago.