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Dollar Tree

All articles tagged with #dollar tree

Lawsuit claims Dollar Tree failed to rescue mom of two trapped in freezer
legal26 days ago

Lawsuit claims Dollar Tree failed to rescue mom of two trapped in freezer

A Florida anesthesiologist and mother of two was found dead inside a walk-in freezer at a Miami Dollar Tree (968 SW 8th St., Little Havana) on December 14. Her family has filed a $50 million lawsuit alleging the store failed to maintain the freezer and protect patrons, including accusing the store manager of instructing an employee not to review surveillance footage or take action to locate the missing woman, and alleging defective safety mechanisms and improper closing procedures contributed to her death.

Family Sues Dollar Tree for $50 Million Over Miami Doctor's Freezer Death
local27 days ago

Family Sues Dollar Tree for $50 Million Over Miami Doctor's Freezer Death

The family of Dr. Massiell Garay Sanchez has filed a wrongful-death lawsuit against Dollar Tree and a store manager, seeking more than $50 million, alleging the chain failed to secure dangerous areas and assist a missing customer after the anesthesiologist died in a walk-in freezer at a Miami store; investigators say there was no foul play, and surveillance video exists but has not been released; the case will go to a jury trial.

Nicaraguan woman found dead in Miami Dollar Tree freezer
crime2 months ago

Nicaraguan woman found dead in Miami Dollar Tree freezer

A 32-year-old woman from Nicaragua, Helen Massiell Garay Sanchez, was found dead inside a Dollar Tree freezer in Miami's Little Havana, prompting an investigation into her death, which is currently considered unclassified. Her family, who described her as a devoted doctor and mother, is raising funds to repatriate her body to Nicaragua for funeral arrangements. The circumstances of her death remain unclear, and the community is shocked by the incident.

business8 months ago

Key Points to Know Before the Stock Market Opens

U.S. stock futures are slightly higher amid ongoing trade tensions, with mixed corporate earnings reports influencing individual stocks: CrowdStrike drops after soft revenue outlook, HPE surges on strong results, and Dollar Tree falls due to tariff concerns despite solid Q1 performance. President Trump comments on difficulties in negotiating with China, adding to market uncertainty.

Trump's Tariff Plans: Impact on Economy and Consumer Costs
finance1 year ago

Trump's Tariff Plans: Impact on Economy and Consumer Costs

Shares of Dollar General and Dollar Tree fell to new 52-week lows due to concerns over potential new tariffs following Donald Trump's re-election. Both retailers rely heavily on low-cost imports, and increased tariffs could raise inventory costs, forcing them to make difficult pricing decisions. While some risk may already be priced into these stocks, the uncertainty and potential for further cost increases make them high-risk investments not suitable for most portfolios.

Dollar Tree CEO Rick Dreiling Resigns Amid Health Concerns; Interim Leader Appointed
business1 year ago

Dollar Tree CEO Rick Dreiling Resigns Amid Health Concerns; Interim Leader Appointed

Dollar Tree CEO Rick Dreiling has resigned due to health concerns, leaving the company in a transitional phase as it faces strategic challenges and increased competition. Michael Creedon Jr., the current COO, will serve as interim CEO while a search for a permanent replacement is conducted. Analysts express concerns about the company's future strategy and execution, especially with the upcoming holiday season and ongoing restructuring efforts, including the potential sale or spinoff of the Family Dollar segment.

Dollar Tree CEO Rick Dreiling Resigns, Interim Leader Appointed Amid Spending Struggles
business1 year ago

Dollar Tree CEO Rick Dreiling Resigns, Interim Leader Appointed Amid Spending Struggles

Dollar Tree CEO Rick Dreiling has stepped down due to health concerns, with COO Michael C. Creedon Jr. appointed as interim CEO. Edward J. Kelly III becomes chairman as the company searches for a permanent CEO. The board supports Dreiling's decision and praises his contributions. Creedon, who has expanded his role since 2022, is expected to continue driving growth and is focused on a successful holiday season. Dollar Tree is also considering strategic options for its Family Dollar stores, including a potential sale or spin-off.

Dollar Tree Considers Selling Struggling Family Dollar Brand
business1 year ago

Dollar Tree Considers Selling Struggling Family Dollar Brand

Dollar Tree is considering selling or spinning off Family Dollar, which has faced operational challenges and financial penalties. Despite efforts to improve Family Dollar since its $8.5 billion acquisition in 2015, the brand has struggled, leading Dollar Tree to contemplate this move to focus on its core business. Analysts suggest that finding a buyer may be difficult, and a spinoff might be more feasible.

Family Dollar Hits the Market
business1 year ago

Family Dollar Hits the Market

Dollar Tree is considering selling or spinning off Family Dollar, which it acquired in 2015. The merger has been problematic, with Family Dollar struggling due to messy stores, high prices, and over-expansion. The chain has faced stiff competition and rising costs, leading to store closures and poor performance. Dollar Tree's CEO cited the "unique needs" of the two chains as a reason for the potential split.