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Richard Dreiling - 5 Dreiling - 3 — - 2 Jeffrey Davis - 2 Davis - 2 it's - 1 CNN — - 1 ” - 1
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Search resuls for: "Richard Dreiling"


8 mentions found


☆ Theft just keeps getting worse for Dollar Tree
  + stars: | 2024-03-13 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
Dollar Tree says theft will remain a problem at its stores well into 2024. Dollar Tree is closing about 1,000 Family Dollar stores, it also said Wednesday, a result of a review of the brand that has been months in the making. Theft was one of many factors that Dollar Tree considered when it decided which locations to close, the executives said. Last year, Dollar Tree locked some items up and put others behind checkouts to deter would-be shoplifters. Do you work at Dollar Tree, Family Dollar, or Dollar General and have a story idea to share?
Persons: —, Richard Dreiling, Jeffrey Davis, Davis, Dreiling Organizations: Service
☆ Family Dollar might close stores as Dollar Tree, its parent company, reviews the brand
  + stars: | 2023-11-29 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
Some Family Dollar stores could close, move, or rebrand under the Dollar Tree name. Dollar Tree, which owns Family Dollar, is planning to review stores that aren't meeting its expectations. AdvertisementThere may soon be fewer Family Dollar stores around after the retailer's parent company takes a closer look at some of its locations. Dreiling said that Dollar Tree and Family Dollar have "totally different" strategies for doing business. Both Dollar Tree and rival Dollar General have struggled with messy stores that employees say create hazardous environments for themselves and shoppers.
Persons: —, Richard Dreiling, Dreiling, it's Organizations: Service, SEC, SNAP
☆ In Lululemon and Dollar General earnings, signs of a possible economic split
  + stars: | 2023-09-02 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +4 min
One reported strong sales on Thursday, while the other warned it may experience a sales decline for the year. Dollar General’s earnings report on Thursday painted a different picture. “Core customers continue to tell us they feel financially constrained,” said Dollar General’s CEO, Jeff Owen, on the company’s earnings call. Brian Nagel, a retail analyst at Oppenheimer & Co. who covers Lululemon, said he sees still strong spending across all retailers he covers. “Generally speaking, consumer spending has held in,” he said.
Persons: CNN —, ”, Calvin McDonald, Lululemon, Jeff Owen, Neil Saunders, Brian Nagel, Nagel, ” Nagel, Richard Dreiling, John Rainey, ” Rainey, Shannon Seery Organizations: CNN, Oppenheimer, Co, Federal Reserve, Fed Locations: Wells, United States, —
☆ Dollar Tree said theft is such a problem it will start locking up items or stop selling them altogether
  + stars: | 2023-08-24 | by ( David Goldman | ) edition.cnn.com   time to read: +3 min
New York CNN —Dollar Tree had a miserable quarter, and company management is chalking it up to a mix of factors: changing consumer demands on top of higher prices for fuel and electricity … and theft. Shares of Dollar Tree plunged 10% on the news. Dick’s Sporting Goods this week also cited theft as a primary reason why its profit plunged last quarter, even though sales rose. Target warned earlier this year that it was bracing to lose half a billion dollars because of rising theft. And the summer heat has sent air conditioning costs through the roof; Dollar Tree said that, too, has hurt its bottom line.
Persons: Richard Dreiling, Jeffrey Davis, Davis, Dreiling, “, Kurt Petermeyer Organizations: New, New York CNN, Wall, OSHA, Dick’s, Goods, Walgreens Locations: New York, Atlanta, Lowe’s
☆ A TikTok appears to show a Dollar Tree customer working the register herself when she can't find an employee
  + stars: | 2023-08-24 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
A recent TikTok video appears to show a customer working the checkout stand at a store in Tennessee. A TikTok video posted by user misslate004 appears to show a customer working a checkout stand and scanning items at a Dollar Tree store as other patrons wait in line. At first, there appears to be no Dollar Tree employee on duty to ring up the customers, according to the person filming the scene. Then, the video cuts to another clip, which appears to show a Dollar Tree employee showing up at the register. Shares of Dollar Tree hit a 52-week low today after the company announced its second-quarter results, which saw a large drop in profit margins.
Persons: misslate004, I've, Richard Dreiling Organizations: Service, Dollar Locations: Tennessee, Wall, Silicon, Chatanooga , Tennessee
☆ Third Point’s Dan Loeb pens a pointed letter to Bath & Body Works – What could happen next
  + stars: | 2023-02-25 | by ( Kenneth Squire | ) www.cnbc.com   time to read: +8 min
As an example, in April 2019, ABB chairman Peter Voser stepped in as interim CEO of ABB. She would receive this $18 million regardless of how long she served as interim CEO. Ultimately, she served as interim CEO for a full seven months for the $18 million. The Nash-led BBWI board is now doing whatever it can to protect itself from having a shareholder representative on the board. If this goes the distance, we believe Third Point will show the BBWI board how powerful a good argument is.
☆ Dollar General CFO Garratt to retire
  + stars: | 2023-01-30 | by ( ) www.reuters.com   time to read: 1 min
Jan 30 (Reuters) - Discount store chain Dollar General Corp (DG.N) said on Monday its chief financial officer, John Garratt, would retire from his position effective June 2. The company will "evaluate options" for its next CFO and is not currently conducting an external search, it said in a statement. Garratt was named CFO in December 2015, a year after he joined the Tennessee-based company. "While I look forward to spending more time with family, this was a difficult personal decision," Garratt said. Last week, rival Dollar Tree Inc (DLTR.O) said Executive Chairman Richard Dreiling will replace Chief Executive Officer Mike Witynski, nearly a year after its settlement with an activist investor.
☆ Dollar Tree says Executive Chairman Dreiling will replace CEO Witynski
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: 1 min
Jan 24 (Reuters) - Dollar Tree Inc (DLTR.O) said on Tuesday Executive Chairman Richard Dreiling will replace Chief Executive Officer Mike Witynski, effective Jan. 29. Dreiling, 69, has previously served as the chairman and CEO of Dollar General (DG.N) and will expand his role at Dollar Tree. Witynski, who was appointed as CEO in July 2020, had been with the discount retailer in various leadership positions since 2010. Shares of Dollar Tree rose about 2% in premarket trading. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
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