Company looks to accelerate growth of combo stores to drive growth
In 2021, Dollar Tree announced that it would accelerating store growth and renovations, with plans to launch more combo stores that put its Dollar Tree and Family Dollar brands under one roof. According to the company’s internal data, combo stores produce greater sales of more than 20.0% on average compared to other Family Dollar stores located in small markets. The move came as the company has acknowledged substantial difficulties and costs with running the vast network of Family Dollar stores since its purchase in 2015, many of which are based in small, economically challenged, rural communities.
Competition|New Activity|M&A|Discontinued ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
