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The Latest Breaking News from Dollar Tree

A sizable number of 99 Cents Only stores will be taken over by Dollar Tree—'we see strong profitable growth potential'

Rebranding will occur this fall.

Fortune

Dollar Tree buys up 99 Cents Only stores as retail giant looks to make up for closures

The move comes at a turbulent time for the dollar store industry as the retail giants consolidate and close stores

The Independent UK

Stop & Shop to close ‘underperforming’ grocery stores across the Northeast

The northeast grocery chain has nearly 400 stores across five states

The Independent UK

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3 Retail Stocks to Avoid in May

Persistent inflation and high interest rates are significantly affecting consumer spending. Despite this, the retail industry is set for long-term profitability, driven by shifting consumer tastes, technological innovations, and e-commerce growth. Amid this, retail stocks Grocery Outlet (GO), Dollar Tree (DLTR), and Dollar General (DG) are best avoided now. Read…

StockNews.com

Target Unleashes Thousands Of Deals With Earnings Due As Walmart Makes Inroads

With Walmart making inroads, Target said it's cutting prices on 5,000 items. Earnings are due Wednesday.

Investors Business Daily

99 Cents stores to close down all 371 locations

The discount chain is winding down operations at its stores across California, Texas, Arizona and Nevada, as dollar stores nationwide buckle under inflation, shoplifting and other factors.

WEKU

99 Cents Only discount chain to close all US stores

Company’s interim CEO says economic pressures have ‘greatly hindered the company’s ability to operate’

The Guardian - US

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Dollar Tree Raises Max Price to $7: Which Items Will Cost More?

Dollar Tree is raising prices from a $5 cap set in June to $7 as higher earners flock to the retail giant

Kiplinger

Option Volatility and Earnings Report for March 18 - 22

It was a rough week on the earnings front last week, with 7 out of 9 stocks of interest moving lower. Adobe (ADBE) and Dollar Tree (DLTR) were particularly disappointing moving -13.7% and -14.2% respectively.

Barchart

How dollar stores link to food deserts

“Dollar stores are now the fastest-growing food retailers in the contiguous United States"

Salon

Stock Market Mixed Amid Hot Inflation, Adobe Slide: Weekly Review

The stock market had a mixed week, with the Nasdaq and small caps falling below a key level. Treasury yields jumped on hot inflation.

Investors Business Daily

Dollar Tree to close nearly 1,000 stores as it posts a fourth quarter loss

Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years.

WEKU

Stock Market Today: Stocks End Mixed Ahead of Retail Sales, PPI

Stocks took a breather Wednesday as investors looked ahead to tomorrow's inflation data.

Kiplinger

Stocks End The Day As They Started: Mixed; Tesla Feels More Pain, Thanks To Wells Fargo

The stock market today showed mixed results with Nvidia down on the day but above a key level. Tesla's losses mount.

Investors Business Daily

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Barchart

Stocks Pressured by Higher T-note Yields and Weak Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. Stocks today are seeing downward pressure from the +2.5 bp rise in the 10-year...

Investors Business Daily

Dollar Tree Drops, Posts More Than $2 Billion Hit On Store Closure Plan; Williams-Sonoma Rides 26% Dividend Hike To Record High

Dollar Tree missed earnings, to close 600 Family Dollar Stores. Williams-Sonoma reveals dividend hike, $1 billion buyback plan.

Investors Business Daily

Dow Jones Rises As Nvidia Gets Big Price-Target Hike; Tesla Stock Slides On Downgrade To Sell

Stock Market Today: The Dow Jones rose Wednesday after the S&P 500 closed at a new high. Tesla stock sold off on a downgrade to sell.

Barchart

Stock Index Futures Muted After Post-CPI Rally, U.S. PPI and Retail Sales Data Awaited

March S&P 500 E-Mini futures (ESH24) are down -0.02%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.11% this morning after three major U.S. benchmark indices ended the regular session higher despite a slightly hotter-than-expected U.S. consumer inflation report, with investors looking ahead to U.S. retail sales numbers and…

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StockNews.com

Should You Invest in Dollar Tree (DLTR) and Dollar General (DG) Before Earnings?

The grocery industry is anticipated to remain resilient due to the inelastic demand for its products, technological integration, and increasing preferences for home-cooked meals. As grocery stocks Dollar General Corporation (DG) and Dollar Tree (DLTR) prepare to unveil their fourth-quarter earnings soon, let’s find out whether one should invest in…

Barchart

CPI, Rates and Other Key Things to Watch This Week

Last week was another magic week for Nvidia (NVDA) cracking the $950 level and dragging the market along for the ride.

WEKU

The FDA issues an alert for 6 brands of cinnamon possibly containing lead

The brands of cinnamon are typically sold at discount retailers, such as Save a Lot, Family Dollar and Dollar Tree. The alert follows the recalls of 3 brands of cinnamon-flavored applesauce pouches.

WEKU

Family Dollar is fined over $40 million due to a rodent infestation in its warehouse

The Food and Drug Administration found dead and live rodents, and their feces and urine. More than 1,200 rodents were exterminated after fumigation at the warehouse, which serves more than 400 stores.

The Guardian - US

Family Dollar ordered to pay over $40m for rodent-infested Arkansas warehouse

Company pleads guilty to using distribution center where FDA discovered ‘decaying rodents, rodent feces, urine, and odors’

StockNews.com

Dollar Tree (DLTR) vs. TJX Companies (TJX): Which Retail Stock to Put Your Money In?

Against a backdrop of inflationary pressure, resilient consumer spending underscores the potential for growth in the retail sector. Given this context, which of the two retail stocks, Dollar Tree (DLTR) and The TJX Companies (TJX), presents a more promising investment opportunity for investors? Let's find out.

StockNews.com

3 Grocery Stocks to Watch: Buy, Hold, or Sell?

From shifting consumer habits to technological innovations, the global grocery industry surges forward amid challenges and changing landscapes. So, let us analyze whether to buy, hold, or sell grocery stocks Village Super Market (VLGEA), Albertsons Companies (ACI), and Dollar Tree (DLTR). Keep reading….

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