The Latest Breaking News from Dollar Tree

June S&P 500 E-Mini futures (ESM24) are trending up +0.17% this morning following a positive session on Tuesday as a decline in U.S. job openings firmed up Federal Reserve rate-cut bets, with investors’ focus now turning to the ADP National Employment numbers due later in the day.

Earnings season is almost over, but we do have have a handful of big names reporting this week. This week, we have Crowdstrike, Lululemon, Dollar Tree and Docusign all reporting.

Rebranding will occur this fall.

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

The northeast grocery chain has nearly 400 stores across five states

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…

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.

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

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

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.

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