Home / Knowledge / News / Apparel/Garments / Dollar Tree to consolidate its support centres

Dollar Tree to consolidate its support centres

20
Sep '18
Courtesy: Pexels
Courtesy: Pexels
Dollar Tree, a leading operator of discount variety stores, has announced that, as part of its continuing integration of Family Dollar's organisation and support functions, it plans to consolidate its store support centres in Matthews, North Carolina and Chesapeake, Virginia to Dollar Tree's new office tower in the Summit Pointe development in Chesapeake.

"Leadership from both banners has continued to work together to integrate our two organizations and invest in future growth," said Gary Philbin, Dollar Tree's chief executive officer. "By bringing our teams together into one location, we will further improve our ability to support our stores more effectively through enhanced collaboration, communication and teamwork. The completion of our expanded headquarters in Virginia will facilitate the most important phase of the integration and we are excited about the opportunities ahead for the Dollar Tree and Family Dollar banners."

The company has communicated plans to all associates and expects the store support center consolidation to be completed by Fall 2019. While Family Dollar's headquarters facility in Matthews, North Carolina will be closed following the consolidation, the distribution center in Matthews will remain open to serve Family Dollar stores. The company has offered the opportunity for relocation to approximately 700 associates and will be providing job transition benefits and outplacement services to all affected associates.

"Our new 12-story, 510,000 square foot office tower represents the anchor of a dynamic campus environment serving the needs of our associates," said Bob Sasser, Dollar Tree's executive chairman. "We are eager to welcome all associates relocating to the Chesapeake area to participate in, and benefit from, the company's next phase of growth."

The company expects to incur total pre-tax expense of approximately $40 million to $49 million, and estimates that $5 million to $8 million will be incurred during fiscal 2018, related to the store support centre consolidation plans announced today. These expenses will include job transition and relocation costs, outplacement services and one-time severance-related benefits. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Clariant

Textiles | On 15th Jul 2020

PolyOne buys colour masterbatch businesses of Clariant

PolyOne Corporation, a global provider of specialised polymer...

Pic: Thiti Sukapan / Shutterstock.com

Apparel/Garments | On 15th Jul 2020

Japan's clothing imports down 6.2% in 2019-20

Japan’s imports of clothing and accessories decreased by 1.5 per cent ...

Pic: CGS

Retail | On 15th Jul 2020

US, UK buyers ready to pay more for sustainability: survey

The United Kingdom is home to more eco-friendly consumers, but both...

Interviews View All

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Textile Industry, Head honchos

Textile Industry
Head honchos

Wearables have very limited reach

Top executives, Textile industry, India

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Roz Guarnori,

Roz Guarnori

FESPA Global Print Expo 2019, to be held in Munich from May 14-17, is...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search