Dollar Tree is actively preparing for potential tariff impacts, as CEO Michael Creedon discussed during a recent earnings call. The company is negotiating supplier concessions, modifying product specifications, eliminating unprofitable items, and leveraging its multi-price strategy to maintain low costs for customers. Dollar Tree’s efforts have already mitigated over 90% of increased costs from recent tariffs. The retailer is poised to adapt by shifting supply sources and applying strategies used in previous tariff situations, demonstrating confidence in its ability to manage future challenges.

Source: https://www.supplychaindive.com/news/dollar-tree-outlines-tariff-contingency-plan/744169/