Dollar Tree Inc (DLTR.OQ)
Latest Key Developments (Source: Significant Developments)
Dollar Tree, Inc:Announces departure of howard r. levine, CEO of family Dollar.Says gary philbin continues to lead family Dollar as president & chief operating officer. Full Article
Dollar Tree Inc:Dollar Tree Recalls Burn Relief Gel Due To Failure To Meet Child Resistant Closure Requirement - RTRS.U.S. Consumer Product Safety Commission Says Dollar Tree Recalling About 325,000 Units Of Assured Burn Relief Gel - RTRS. Full Article
Dollar Tree Inc:Estimates consolidated net sales for Q3 2015 to range from $4.78 billion to $4.87 billion, based on a low single-digit increase in same-store sales.Estimates FY 2015 consolidated net sales to range from $15.30 billion to $15.52 billion, based on a low single-digit increase in same-store sales. Full Article
Dollar Tree Inc:Completed the acquisition of Family Dollar Stores Inc.Under the terms of the merger agreement, Family Dollar shareholders are entitled to receive $59.60 in cash and 0.2484 of a share of Dollar Tree common stock for each share of Family Dollar common stock.Company also announced that Gary Philbin, has been named President and Chief Operating Officer of Family Dollar, effective immediately.Additionally, the Company announced that Howard R. Levine, Chief Executive Officer of Family Dollar. Full Article
WASHINGTON U.S. discount retailer Dollar Tree Inc has filed a lawsuit against Dollar Express which was unsealed on Tuesday, alleging that the smaller company's private equity owners siphoned off funds and failed to pay for $50 million in goods and services.