~ Family Dollar Brand Announces Partnerships
with Swiftly® and Aki Technologies ~
Dollar Tree, Inc. (NASDAQ: DLTR) today introduced its new retail
media network, Chesapeake Media Group, an innovative platform for
brands to engage with their customers in a personalized and
ultra-targeted digital experience like never before. The key
benefit, backed by insight and analytics, offers brands the ability
to instantly connect with shoppers, contributing to purchase
decisions in real time.
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The Company’s Family Dollar brand also announced its
partnerships with Swiftly and Aki Technologies to support the new
digital platform, which offers consumer packaged goods (CPG) Brand
partners with fully-managed services through ad placements on the
refreshed Family Dollar mobile app and FamilyDollar.com.
“Brands will be able to directly reach millions of families
across America through a variety of digital options made possible
through our newly-formed retail media network, Chesapeake Media
Group, powered by Swiftly and Aki,” stated Richard McNeely,
Enterprise Chief Merchandising Officer. “We are excited to provide
our CPG Brand partners with an efficient, one-stop-shop to
instantly engage with their customers through an innovative,
tailored approach.”
“We are excited that our technology platform is helping to power
Chesapeake Media Group, enabling Family Dollar to create new and
meaningful ways to connect leading brands with millions of shoppers
across its nearly 7,900 stores and digital properties to drive
measurable sales results both in-store and online," said Sean
Turner, co-founder and CTO of Swiftly Systems. "The launch of
Chesapeake Media Group is a great example of a brick and mortar
retailer leveraging their own retail media network to unlock new
forms of digital ad revenue to drive sales."
“Family Dollar stands out among retailers for its deep
commitment to suppliers and customers – resulting in tremendous
growth in 2020,” said Scott Swanson, Aki Technologies CEO. “They
clearly understand the challenges that marketers face in today’s
landscape – that it takes exceptional, personalized advertising to
cut through the noise and activate consumers. We could not be more
excited to empower their suppliers with our unique approach to
personalized advertising."
With approximately 14 million users registered in the Family
Dollar Smart Coupons® program, nearly 7,900 Family Dollar stores
across the U.S. and plans to open hundreds of new stores annually,
the Company is focused on leveraging its assets to deliver great
values for shoppers. In a fast-growing, multi-billion dollar CPG
engagement space, Chesapeake Media Group will offer a unique
experience for CPG Brand partners to leverage dynamic ad
placements, targeted content, sponsored searches, and product
recommendations.
As part of this offering, the Chesapeake Media Group provides
full-funnel solutions and closed-loop reporting. Key strategies
include promoted items, category takeovers, brand experiences,
premium advertisements and coupon placements, personalized videos,
static interstitial advertisements, expandable rich media and
standard banners, along with analytics that optimize performance to
maximize results.
Since the Chesapeake Media Group’s recent launch, the Company
has already begun to create meaningful ways of connecting its broad
customer base with key CPG Brand partners who have initiated their
campaigns.
“As a growth company, we are focused on continuing to advance
and evolve our offerings in order to deliver long-term value to all
of our stakeholders, including customers, suppliers, associates,
and shareholders,” added Mr. McNeely.
For more information about the Chesapeake Media Group, visit
www.ChesapeakeMediaGroup.com.
About Dollar Tree, Inc.
Dollar Tree, a Fortune 200 Company, operated 15,685 stores
across 48 states and five Canadian provinces as of January 30,
2021. Stores operate under the brands of Dollar Tree, Family
Dollar, and Dollar Tree Canada. To learn more about the Company,
visit www.DollarTree.com or www.FamilyDollar.com.
About Swiftly Solutions
The Swiftly® digital platform empowers retailers to grow sales
and build loyalty, while enabling brands to reach more shoppers
through retail media networks. Swiftly’s technology harnesses the
power of AI to help retailers build strong digital relationships
with customers and deliver amazing sales results. Swiftly-powered
Retail Media Networks enable America's leading brands to influence
consumers across their shopping journey and provide the closed loop
reporting that drives high-performing advertising campaigns. To
learn more about Swiftly, our Retailer and Brand solutions, and how
we are redefining Retail Media, visit www.swiftly.com.
About Aki Technologies
Aki Technologies empowers brands and retailers to reach
consumers by targeting pivotal moments in the shopper journey with
personalized advertising. With four personalization patents, Aki's
award-winning technology dynamically tailors ads in the moment
based on region, weather, buying preferences, and other historical
and present factors. This ensures a more relevant ad experience
that drives stronger campaign results. To learn how Aki's
personalized mobile, CTV, desktop and DOOH campaigns can help you
reach your marketing goals, visit www.a.ki.
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”,
“strategy”, and similar expressions. For example, our
forward-looking statements include statements regarding the
expected capabilities, benefits and advantages of our new retail
media network and its potential effects on sales; our plans
regarding new store openings; and our other plans, objectives,
expectations (financial and otherwise) and intentions. 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 16, 2021, our Form
10-Q for the most recently ended fiscal quarter and other filings
we make from time to time 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/20210415005210/en/
Dollar Tree, Inc. Kayleigh M. Painter, kmpainter@dollartree.com
Manager, Investor & Media Relations www.DollarTree.com DLTR –
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