Dollar Tree delivers weak Q2, cuts full-year guidance

Quick Summary:

Family Dollar customers are leaving for other stores like Walmart, according to analysts, as the banner shrinks its footprint.

Dollar Tree has a broader customer base with more middle- and upper-income households.

In the spring, the company announced plans to close nearly 1,000 Family Dollar stores.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Nate Delesline III

Category: EconomyBusiness

Markets: United States

Topics: Consumer Pressures Tree Business Other Family Dollar Customers Stores Company Creedon

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 12:55:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 598 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 22415300

View Article Analysis

About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions