Advertisement
10/11/2022

Dollar Tree, Family Dollar look for a few thousand good people

Dan Berthiaume
Senior Editor, Technology
Dan Berthiaume profile picture
Image
Dollar Tree has named a new CIO.

Dollar Tree and its Family Dollar banner are hosting a national job search.

The discount retailers plan to hire thousands of associates for full- and part-time roles during the Nationwide Hiring Event hosted at participating Dollar Tree and Family Dollar stores on Wed., October 19, 2022. Positions to be filled include sales associates, customer service representatives, stockers, assistant store managers and store managers.

Prospective employees can apply via text or on the Dollar Tree and/or Family Dollar websites.

Onsite interviews will be conducted at participating Dollar Tree and Family Dollar stores on Wed., October 19, 2022 from 11 a.m. to 6 p.m. local time. The company says it provides its associates with competitive pay, a comprehensive rewards package and flexible schedules.

In addition, DailyPay is a voluntary benefit offered to associates who can choose to receive their earnings in between traditional paydays. And ValuED, the company’s education assistance program, provides financial support and offers a range of development opportunities for upward mobility. Full-time associates are eligible for tuition discounts and reimbursement allowances for college degrees, GED programs and language courses.

“Our associates are the heart of our company and how we deliver great value to millions of households across America,” said Jenn Hulett, chief human resources officer, Dollar Tree. “We’re looking for talented people who want to join an inclusive, energetic team – with opportunities to take Dollar Tree and Family Dollar to the next level and be part of one of the fastest-growing retailers in the country.”

Dollar Tree cuts guidance, shakes up C-suite

Dollar Tree is expanding its workforce following the release of quarterly results where the discounter reported second-quarter profit and sales gains, but cut its full-year outlook amid price cuts at its Family Dollar stores. The company reported that it earned $1.60 a share on net income of $359.9 million for the quarter ended July 30, compared with earnings of $1.23 a share on net income of $282.4 million in the year-ago quarter.

Net sales rose 6.7% to $6.77 billion from $6.34 billion. Same-store sales increased 7.5% at Dollar Tree and 2% at Family Dollar. During the quarter, the company opened 127 new stores, expanded or relocated 29 stores, and closed 57 stores. Additionally, it expanded its multi-price Plus offering.

However, citing its competitive pricing investment, Dollar Tree also narrowed its full-year revenue outlook to $27.85 billion to $28.1 billion. It previous forecast was $27.76 billion to $28.14 billion. The retailer now sees full-year earnings of $7.10 to $7.40 a share compared to its previous estimate of $7.80 to $8.20 per share. 

The company has also been shuffling its executive ranks. In recent months, Dollar Tree has brought in a new CFO, CIO, COO, chief strategy officer, and corporate secretary.

[Read more: C-suite shakeup at Dollar Tree; to replace CFO, four other top execs]

Dollar Tree, a Fortune 200 Company, operates 16,231 stores across 48 states and five Canadian provinces as of July 30, 2022. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.