Discount Store

The Weekend Soul brand joins an expanded assortment of apparel online and in stores this summer, the largest the retailer has had to date.

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.

The retailer saw comp-store sales increase over two years but decrease in the first quarter.

In addition to publishing its annual Serving Others report, the retailer announced that Denine Torr has been named its new vice president of corporate social responsibility and philanthropy.

The supermarket operator in Mexico, a subsidiary of Grupo Comercial Chedraui, has acquired the retailer for about $620 million to broaden its reach in the United States.

For the second year, the discount retailer offers consumers a chance to donate at checkout to serve the museum and veterans; military members and veterans also get an additional discount on its large patio assortment.

Private label spices and seasonings manufacturer Olde Thompson is being acquired by OFI for roughly $950 million through its Olam Holdings subsidiary. 

The April issue cover story goes in-depth on the fast-growing retailer’s continued acceleration through e-commerce and exclusive brands.