KB Advisory founder and President Kristin Bentz analyzes the retail space as prices rise and employment movers lower on ‘Making Money.’
Dollar Tree CEO Rick Dreiling abruptly stepped down from his position at the helm of the beleaguered retail chain, citing health concerns as the reason for his resignation.
“With my health presenting some new challenges over the past two months, the time is right for me to step away and focus on myself and my family,” Dreiling said in a statement.
Dreiling served as the discount retailer’s chief executive since 2022. Analysts believed he played a key role in reviving the business. His last day on the job was Sunday.
DOLLAR TREE TO CLOSE AROUND 1K FAMILY DOLLAR STORES
Dollar Tree appointed its chief operating officer, Michael Creedon Jr., as interim CEO while the board conducts a search process for a permanent replacement.
Customers shop at a…
