Dollar Tree Faces Profit Decline as Theft Surges, Considers Defensive Measures

Dollar Tree Faces Profit Decline as Theft Surges, Considers Defensive Measures

THE SIGNAL

Dollar Tree is taking losses in some areas due to a spike in theft and a decline in profits.
Like many retailers, the discount store chain is considering “defensive merchandising” or restricting access to certain products.
Many major store chains have blamed a massive surge in theft as a growing challenge, as left-wing prosecutors restrict law enforcement from arresting shoplifters nationwide.
During the company’s first-quarter earnings report meeting on May 25, Dollar Tree CFO Jeff Davis told investors that the retailer expects to “improve our performance …

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