Discount variety store chain Dollar Tree, Inc. took a broom to its executive suite, sweeping out chief legal officer William Old and other top executives, the company announced Tuesday.
Old and Thomas O’Boyle, Dollar Tree’s chief operating officer, are among those headed for the exit.
“Searches for successors are underway, and the company is in advanced discussions with several candidates for certain positions,” Dollar Tree said in the announcement.
The value chain, which has been selling items from toys to food and household essentials for $1 each, was criticized last year when it announced plans to raise its traditional price ...
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