Dollar Tree Appoints Michael Creedon as Permanent CEO to Lead Turnaround

Reported 2 days ago

Dollar Tree has appointed Michael Creedon as its permanent CEO, following his interim role, to address challenges such as weak demand and tough competition. Creedon aims to revitalize the dollar-store chain, which has been struggling against larger retailers and online competitors. The company has already taken steps to close 970 Family Dollar stores and is reviewing its operations amid significant market pressures.

Source: YAHOO

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