Dollar Tree announces massive shake-up

DOLLAR Tree has announced a massive shake-up and Family Dollar prices could drop across 16,000 stores as a result.

The retailer has hired four new executives, with the goal of making Family Dollar pricing more “competitive.”

Executives told Supermarket News on Thursday that Jennifer Bohaty has been brought on as Chief Compliance Officer, and Terence Goods has joined as Chief Diversity Officer.

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Jennifer Silberman was also hired as Chief Sustainability Officer, and Kristin Tetreault came on as Chief Communications Officer.

“These important additions demonstrate our company’s commitment to improving the experiences of our shoppers and building an engaging culture of belonging for our associates,” said Mike Witynski, Dollar Tree’s president and CEO, in a statement.

Following the shakeup, the chain wants to make Family Dollar pricing more competitive, Witynski said.
www.the-sun.com/money/6714279/dollar-tree-executive-announcement-competitive-prices/

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