Store and Distribution Hourly Associates Rewarded for Commitment Through Recent Increases in Product Demand
March 25 2020 - 7:30AM
Business Wire
~ Company Now Dedicating First Hour to
Senior Citizens and Vulnerable Customers in All Stores ~
Dollar Tree, Inc. (NASDAQ: DLTR), today announced the Company is
rewarding its hourly-paid store and distribution center (DC)
associates with wage premiums effective March 8, 2020, and
continuing through at least April 4, 2020.
“In recent weeks, our store and distribution teams have
demonstrated extraordinary commitment to their communities by
continuing to serve local customers with essential products in
their time of need,” stated Betty Click, Chief Human Resources
Officer. “These premium payments to our teams are in recognition
of, and appreciation for, their dedication and efforts to serving
Dollar Tree and Family Dollar shoppers.”
For at least four weeks, Dollar Tree and Family Dollar will pay
every hourly-paid store associate reporting to the store manager,
and every hourly-paid DC associate, a $2.00 per hour premium for
all hours worked during the period. This represents a reward of
approximately $30 million being paid to the Company’s
associates.
Additionally, effective today until further notice, in an effort
to help protect the most vulnerable population during this
pandemic, the Company is dedicating the stores’ first operational
hours each day to at-risk customers, including senior citizens,
individuals with preexisting health conditions, and pregnant women.
The Company urges all other customers to begin their shopping trips
at least one hour after the stores open.
Dollar Tree and Family Dollar store teams also request that
customers practice “social distancing” or limiting close contact as
recommended by the Centers for Disease Control and Prevention
(CDC).
Today’s announcements follow Company news communicated in the
prior week that included the Company’s decision to close all stores
at 8:00 p.m. local time, until further notice, for enhanced
cleaning protocols following CDC recommended guidelines and to
re-stock shelves with essential products, and secondly, the
Company’s initiative to hire 25,000 associates for its stores and
DCs.
Gary Philbin, Chief Executive Officer, added, “I want to thank
each of our associates, in the 15,000-plus stores, 24 DCs and our
store support center, for their incredible efforts during this
unprecedented time. Dollar Tree and Family Dollar stores are
committed to providing our customers in each of the neighborhoods
we serve with safe and healthy environments while purchasing needed
essentials at this critical time.”
To view a full list of positions currently available or to apply
online, please visit www.DollarTree.com/careers or
www.FamilyDollar.com/careers.
About Dollar Tree, Inc.
Dollar Tree, a Fortune 200 Company, operated 15,288 stores
across 48 states and five Canadian provinces as of February 1,
2020. Stores operate under the brands of Dollar Tree, Family
Dollar, and Dollar Tree Canada. To learn more about the Company,
visit www.DollarTree.com.
A WARNING ABOUT FORWARD-LOOKING STATEMENTS: Our press release
contains "forward-looking statements" as that term is used in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by the fact that they address future
events, developments or results and do not relate strictly to
historical facts. Any statements contained in this press release
that are not statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements include,
without limitation, statements preceded by, followed by or
including words such as “believe, anticipate, expect, intend, plan,
view, target or estimate, may, will, should, predict, possible,
potential, continue, or strategy,” and similar expressions. For
example, our forward-looking statements include statements
regarding our plans and expectations regarding expanded associate
pay and hiring, reduced or special store operating hours and steps
to promote health and safety in light of the COVID-19 pandemic.
These statements are subject to risks and uncertainties. For a
discussion of the risks, uncertainties and assumptions that could
affect our future events, developments or results, you should
carefully review the "Risk Factors," "Business" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" sections in our Annual Report on Form 10-K filed March
20, 2020, and other filings with the Securities and Exchange
Commission. We are not obligated to release publicly any revisions
to any forward-looking statements contained in this press release
to reflect events or circumstances occurring after the date of this
report and you should not expect us to do so.
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version on businesswire.com: https://www.businesswire.com/news/home/20200325005157/en/
Dollar Tree, Inc. Randy Guiler, 757-321-5284 Vice President,
Investor Relations www.DollarTree.com DLTR – G
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