Dollar Tree and Family Dollar Select RELEX for Integrated Forecasting and Replenishment

Rhea-AI Summary

Dollar Tree, Inc. (NASDAQ: DLTR) has partnered with RELEX Solutions to enhance demand forecasting and replenishment practices for its 15,800 stores and 26 distribution centers in North America. This collaboration aims to improve collaboration between stores and central planning teams, ultimately enhancing supply chain efficiency and customer shopping experience. Dollar Tree's leadership emphasizes the use of data and automation to achieve these goals, while RELEX highlights its proven adaptability for price-point retailers to lower inventory costs and increase product availability.

Positive

• Partnership with RELEX Solutions to enhance demand forecasting and replenishment.
• Implementation across 15,800 stores and 26 distribution centers.
• Focus on data analytics and automation to improve supply chain efficiency.
• Potential for better in-store availability and customer shopping experience.

Negative

• None.

ATLANTA--(BUSINESS WIRE)-- Leading American discount retailer Dollar Tree, Inc. (NASDAQ: DLTR) will partner with RELEX Solutions to improve demand forecasting and replenishment processes across both their Dollar Tree and Family Dollar banners. Dollar Tree, Inc. will implement the RELEX solution across all of its 15,800 stores and 26 distribution centers in North America to improve collaboration between stores and central planning teams.

“The decision to partner with RELEX is a continuation of our journey to utilize data, analytics and automation to drive accuracy, efficiency, and effectiveness throughout our supply chain, resulting in better on-shelf availability and an improved shopping experience for customers,” said Alasdair James, EVP Dollar Tree, Inc.

“RELEX has proven to be more configurable than other solutions in its field, allowing our planners to have full visibility into, and control of, our supply chain,” said Andy Paisley, Dollar Tree CIO. “It also empowers us to innovate, try new ideas, and evolve our use of the solution over time to continuously meet changing business needs.”

“We’re excited to play a central role in Dollar Tree and Family Dollar’s mission to grow their business while providing high service levels and quality products to their customers at affordable prices,” said Frank Lord, Chief Revenue Officer at RELEX. “RELEX has deep experience with the challenges specific to price-point retailers, and we look forward to sharing our expertise as we help them improve in-store availability while lowering inventory balances across their supply chain.”

About RELEX Solutions

RELEX Solutions is a leading provider of cutting-edge retail optimization software that’s built for the age of Living Retail, where change is the only constant. We help retailers adapt to every future, faster.

Our cloud-native Living Retail Platform delivers pragmatic AI across all retail functions and at retail scale, eradicating siloes, rigidities and inefficiencies along the way. We offer a fast lane to value that builds from a foundation of radically improved demand forecasting and supply chain optimization. Our customers leverage this enhanced supply chain visibility into exponential benefits — optimizing their space, allocation, workforce, promotion, and markdown strategies, all within our unified platform.

Today, RELEX is a hyper-growth company with 250+ customers who love us — ask any of them for a frank and independent assessment of our team and solutions. RELEX is trusted by leading brands including AutoZone, PetSmart, The Vitamin Shoppe, Big Lots, and Thrive Market, and has offices across North America, Europe and the Asia Pacific region.

Go to relexsolutions.com for more.

About Dollar Tree, Inc.

Dollar Tree, a Fortune 200 Company, operated 15,865 stores across 48 states and five Canadian provinces as of July 31, 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 and www.FamilyDollar.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211019005120/en/

For more information:

Tom Hancox

Marketing Manager

RELEX Solutions

thomas.hancox@relexsolutions.com

Kayleigh Painter

Manager, Investor and Media Relations

Dollar Tree, Inc

kmpainter@dollartree.com

Source: RELEX Solutions

FAQ

What is Dollar Tree partnering with RELEX Solutions for?

Dollar Tree is partnering with RELEX Solutions to improve demand forecasting and replenishment processes across its stores.

How many stores does Dollar Tree operate?

Dollar Tree operates 15,800 stores across North America.

What will the partnership with RELEX Solutions help enhance at Dollar Tree?

The partnership aims to enhance supply chain efficiency and improve customer experience.

What is the symbol for Dollar Tree on the stock market?

The stock symbol for Dollar Tree is DLTR.

When was the partnership with RELEX Solutions announced?

The partnership was announced in a press release dated October 19, 2021.