Latest news with #Creedon
Business Wire
20 hours ago
- Business
- Business Wire
Dollar Tree Announces Legal Leadership Transition
CHESAPEAKE, Va.--(BUSINESS WIRE)--Dollar Tree, Inc. (NASDAQ: DLTR), today announced a leadership transition in its Legal function. After two impactful years with the Company, Jonathan B. Leiken, Chief Legal Officer and Corporate Secretary, has made the decision to leave the Company to pursue another career opportunity. He will be succeeded by John S. Mitchell, Jr., who will assume the role of Dollar Tree's Chief Legal Officer and Corporate Secretary on Aug. 11, 2025. Mr. Leiken will remain with the Company until Aug. 22, 2025 to support Mr. Mitchell in the transition. 'Succeeding Jon Leiken as General Counsel is John Mitchell, a seasoned legal leader who joined Dollar Tree in 2021 as Senior Deputy General Counsel after previously serving as a partner at the law firm of Williams Mullen,' said Mr. Creedon. Share 'We are incredibly grateful for Jon Leiken's contributions during a pivotal period for our company,' said Mike Creedon, Chief Executive Officer of Dollar Tree. 'He brought deep expertise, sound judgment, and a sharp understanding of the regulatory landscape – all of which were invaluable in guiding our business forward. We thank him for his service and wish him continued success.' 'Succeeding Jon Leiken as General Counsel is John Mitchell, a seasoned legal leader who joined Dollar Tree in 2021 as Senior Deputy General Counsel after previously serving as a partner at the law firm of Williams Mullen,' said Mr. Creedon. 'John is a highly respected attorney whose sharp legal acumen and steady leadership have guided us through moments of significant change,' said Mr. Creedon. 'He understands our business, our people, and the importance of protecting and advancing our mission. This promotion from within our ranks is the result of thoughtful succession planning and a clear demonstration of something our Dollar Tree associates often hear me say, ' show it's a career, not just a job.'' Mr. Mitchell earned his J.D. from the University of Virginia School of Law and a Bachelor of Arts from Princeton University. He will assume leadership of the Legal department as Dollar Tree continues to execute on its strategic priorities following the successful sale of the Family Dollar business earlier this month. About Dollar Tree, Inc. Dollar Tree Inc. (NASDAQ: DLTR), headquartered in Chesapeake, VA, is one of North America's largest and most loved value retailers, known for delivering great value, convenience, and a 'thrill-of-the-hunt' discovery shopping experience. With a team of approximately 150,000 associates, Dollar Tree operates more than 9,000 stores and 18 distribution centers across 48 contiguous states and five Canadian provinces under the brands Dollar Tree and Dollar Tree Canada. The company is committed to being a responsible steward of its business – supporting its people, serving its communities, and creating lasting value. Additional information about Dollar Tree can be found at DLTR-G
Irish Examiner
6 days ago
- Sport
- Irish Examiner
Bowling: Shane Crowley retains Munster U18 title
Shane Crowley retained his Munster U18 road bowling crown in a show of power and awe against Cathal Creedon at Bantry. Once he hit his stride with his huge second bowl, he quickly took control. Creedon had opened with a brilliant bowl, straight over the sop, towards McSweeney's lane. Crowley's reply was well right of his sop. That handed, what turned out to be, the only lead of the night to Creedon. Crowley wiped out the deficit immediately with his second throw. Creedon did well to miss that by just eight metres. Creedon's next bowl broke left, but still reached McSweeney's farm. Crowley beat that by 70m. That turned into almost a bowl of odds when Creedon beat it by just 45m with his next fourth shot. Crowley was now in full flight. He delivered a searing bowl up the middle towards Harrington's that put him well over a bowl in front. His next one was below par, but he immediately clicked back into top gear. A sensational sixth bowl to light at Casey's cross pushed him two bowls clear. Even a beauty from Creedon past Cronin's cross, could do little to stem the tide. Crowley followed with another massive bowl past the hedge and that brought the curtain down on the contest. Eoghan Kelly was an impressive Munster U14 winner. He defeated last year's All-Ireland U12 champion, Fionán Twohig, by two bowls of odds. This final followed a very similar narrative to the U18 final. Twohig opened with a huge bowl to win the first tip comfortably. Kelly then got a great second bowl, which won him a big lead. He was never again headed. He increased his lead with a great third throw towards the crush. He then produced the score defining bowl. It scorched down the left and ran all the way to Cronin's cross. That catapulted him two bowls clear. It also closed off almost any chance of Twohig regaining a foothold in the score. Still Twohig managed to contain the odds. He had it back to an even two bowls of odds after nine and 11 to the fuchsias past McSweeney's farm. That was as close as he got as Kelly increased his lead again in the run-in.
The Journal
21-07-2025
- Politics
- The Journal
DCU welcomes decision by Press Council to uphold complaints about two SPHE articles
DUBLIN CITY UNIVERSITY (DCU) has welcomed a decision by the Press Council to uphold complaints regarding two articles published by website Gript last year. The complaint was in relation to two articles published on 4 and 24 October 2024 by Gript about a postgraduate diploma course in SPHE/RSE run by DCU for secondary school teachers. Social, Personal and Health Education/Relationships and Sexuality Education (SPHE/RSE) is a secondary school subject that has regularly been targeted by far-right groups in Ireland in recent years . The DCU course teaches tutors and SPHE coordinators about the syllabus, offered at schools, which has changed in recent years. The Gript articles were based on testimony by former SPHE teacher Mary Creedon. In its correspondence with the Press Ombudsman and Press Council, Gript said it also reviewed documents and other materials and relied on statements from other unnamed course participants. In a video that was widely shared last year, Creedon alleges that while on the DCU course, she watched a video depicting a female cartoon masturbating and other images showing sex and sexual activities between heterosexual and homosexual couples. She falsely claimed that she was expected to show similar imagery to her second-level junior-cycle students. DCU said it was made 'explicitly clear to those taking the course that exercises and resources that were not age appropriate were not to be used in school classrooms'. Audio by subterfuge One of the articles also contained an audio clip that DCU said was 'obtained through subterfuge and without the knowledge or permission of those recorded'. In a decision in May, the Press Ombudsman upheld DCU's complaint and remarked that Gript provided 'no evidence' that the DCU course 'gave adult teachers to understand that sexually explicit exercises used during their training were to be replicated in school classrooms'. 'Adaptation of material so that it is age appropriate is not replication and to suggest otherwise, as the publication does, is distortion,' said the Press Ombudsman. Regarding the audio recording, Gript acknowledged that it was obtained by a source using subterfuge and relied on the public interest justification. However, the Press Ombudsman said this 'private, informal chat during a break in the course that revealed nothing of investigative import'. It added that this 'material obtained by use of subterfuge was not justified by the public interest'. It also found that those who were secretly recorded had a 'legitimate expectation that their conversation was private' and that while the right to privacy should not prevent publication of matters of public interest, this audio recording 'had no public interest content'. Advertisement This audio recording was not made by a Gript employee but a person described by Gript as an 'an involved party' who believed it to be in the public interest. The decision was appealed by Gript to the Press Council. The Press Council appoints the Press Ombudsman and decides on appeals related to decisions of the Ombudsman. Gript had claimed that there had been an error in the Press Ombudsman's application of the Truth and Accuracy, Fair Procedures and Honesty, and Privacy principles in the Press Council's Code of Practice. However, the Press Council last month upheld the decision by the Press Ombudsman and said the Ombudsman didn't err in their application of these principles. The Press Council said it considered the appeal at its meeting on 18 June 'on the grounds relied upon and on the information, documentation and submissions made by both parties to the appeal'. It decided that Gript 'did not show that the Press Ombudsman had erred in her application of Principle 1 of the Code in respect of the publication's obligation to show that it had striven for truth and accuracy'. One the use of the audio, the Council said the Ombudsman had not erred 'in as much as ultimate responsibility for publication of material obtained by subterfuge rests with the publication, and that publication of the information was not justified in the public interest'. In her original decision, the Ombudsman said the audio clip 'indicated that vocabulary discussed at the DCU course 'came up' in a classroom setting. It does not show that the teacher brought up the vocabulary or that there was replication.' 'The Press Ombudsman finds that these articles were presented as a journalistic exposé,' she continued. 'However, while the articles indicated that the publication shared its sources' misgivings about the SPHE/RSE curriculum and what a source described as its 'gender ideology', the university has been funded precisely to support that curriculum. is entitled to express its views but is required by the Code of Practice to base its reporting on facts.' In a statement today, DCU welcomed the decisions. It noted that the Press Ombudsman found that the Gript articles 'contained no evidence that DCU was doing anything other than running a postgraduate course to enable adult teachers of SPHE/RSE to teach the subject to secondary school children'. 'The University has always maintained that materials used on the Graduate Diploma in SPHE/RSE are provided only to the teachers as adults in the context of their broader SPHE/RSE education on the programme,' said a DCU spokesperson. 'The Ombudsman's decision, and that of the Press Council, vindicates this. The University stands firmly over the content of the course and with the academic staff who deliver it.' The spokesperson also noted that the Graduate Diploma in SPHE/RSE continues to train teachers and welcomed a new cohort at the beginning of this year. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
Yahoo
04-06-2025
- Business
- Yahoo
Dollar Tree expects to take profit hit from tariffs, shares drop on outlook
Dollar Tree cautioned investors that tariffs and price volatility could result in a profit decline of up to 50% in the current quarter. The discount retail chain said on Wednesday, June 4, that adjusted profit during the second quarter, which ends Aug. 2, could be down as much as 45% to 50% compared to a year ago. "Given the volatility of today's operating environment, it is challenging to predict with precision the near-term performance of the business in Q2, especially regarding tariff and other cost mitigation efforts," said Dollar Tree CEO Mike Creedon in a call with investment analysts Wednesday. For the full year, Dollar Tree assumes it "will be able to mitigate most, if not all of the potential earnings impact from higher tariffs, assuming the current levels remain in place," he said. National Donut Day 2025 deals: Get free food at Dunkin', Krispy Kreme, more Dollar Tree was able to offset 90% of the first round of 10% tariffs, which President Donald Trump announced in April, during the first quarter, Creedon said. However, some purchases made when tariffs on goods from China were 145% will be absorbed during the current quarter, chief financial officer Stewart Glendinning said during the call. Those tariffs will result in increased costs of about $70 million during the second quarter, he said. Shares of the discount retail chain fell about 8% in early trading on Wednesday, June 4. To deal with tariffs, company said it is negotiating with suppliers, opting for new products or dropping products, buying them from other countries or raising prices – since its multi-price format, initiated in March 2024, allows for prices up to $7. "The tariff landscape is highly fluid and changing week to week, so we are focused on agility and on improving that agility," Creedon said. Dollar Tree also saw signs of consumer concerns about prices and volatility as the company reported an increase of 2.6 million new customers, a majority with household incomes of $100K or more, Creedon said. "We believe we've got a unique opportunity here, as these new customers find us," he said. "We want to create a great first impression for that customer. We want to create a sticky relationship with that customer for years and years to come." Dollar Tree said net sales increased 11.3% to $4.6 billion during the first quarter, which ended May 3. That surpassed the $4.5 billion expected by analysts polled by S&P Global Market Intelligence. Same-store sales increased 5.4% during the period, with store traffic up 2.5% increase. Shoppers spent 2.8% more, on average, per transaction, the company said. Dollar Tree opened a total of 148 new Dollar Tree stores during the quarter – including its 9,000th store, located in Plano, Texas – and finished the quarter with 9,016 open stores. The company plans to open about 400 new Dollar Tree locations during the year, not including 57 Dollar Tree-Family Dollar combo stores that will be converted to Dollar Tree stores. Contributing: Reuters. Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day This article originally appeared on USA TODAY: Dollar Tree: Tariffs will impact profit in current quarter Connectez-vous pour accéder à votre portefeuille
USA Today
04-06-2025
- Business
- USA Today
Dollar Tree expects to take profit hit from tariffs, shares drop on outlook
Dollar Tree expects to take profit hit from tariffs, shares drop on outlook Show Caption Hide Caption Gap shares tumble as retailer warns of tariff toll on profits Gap shares fell 20% in early trading on Friday after the Old Navy owner warned that U.S. tariffs would squeeze this year's profit, even as the apparel maker aims to soften the blow by diversifying its supply chain and investing in U.S. cotton. Dollar Tree cautioned investors that tariffs and price volatility could result in a profit decline of up to 50% in the current quarter. The discount retail chain said on Wednesday, June 4, that adjusted profit during the second quarter, which ends Aug. 2, could be down as much as 45% to 50% compared to a year ago. "Given the volatility of today's operating environment, it is challenging to predict with precision the near-term performance of the business in Q2, especially regarding tariff and other cost mitigation efforts," said Dollar Tree CEO Mike Creedon in a call with investment analysts Wednesday. For the full year, Dollar Tree assumes it "will be able to mitigate most, if not all of the potential earnings impact from higher tariffs, assuming the current levels remain in place," he said. National Donut Day 2025 deals: Get free food at Dunkin', Krispy Kreme, more Dollar Tree was able to offset 90% of the first round of 10% tariffs, which President Donald Trump announced in April, during the first quarter, Creedon said. However, some purchases made when tariffs on goods from China were 145% will be absorbed during the current quarter, chief financial officer Stewart Glendinning said during the call. Those tariffs will result in increased costs of about $70 million during the second quarter, he said. Shares of the discount retail chain fell about 8% in early trading on Wednesday, June 4. Dollar Tree: Tariff situation 'highly fluid' To deal with tariffs, company said it is negotiating with suppliers, opting for new products or dropping products, buying them from other countries or raising prices – since its multi-price format, initiated in March 2024, allows for prices up to $7. "The tariff landscape is highly fluid and changing week to week, so we are focused on agility and on improving that agility," Creedon said. Dollar Tree also saw signs of consumer concerns about prices and volatility as the company reported an increase of 2.6 million new customers, a majority with household incomes of $100K or more, Creedon said. "We believe we've got a unique opportunity here, as these new customers find us," he said. "We want to create a great first impression for that customer. We want to create a sticky relationship with that customer for years and years to come." Dollar Tree said net sales increased 11.3% to $4.6 billion during the first quarter, which ended May 3. That surpassed the $4.5 billion expected by analysts polled by S&P Global Market Intelligence. Same-store sales increased 5.4% during the period, with store traffic up 2.5% increase. Shoppers spent 2.8% more, on average, per transaction, the company said. Dollar Tree opened a total of 148 new Dollar Tree stores during the quarter – including its 9,000th store, located in Plano, Texas – and finished the quarter with 9,016 open stores. The company plans to open about 400 new Dollar Tree locations during the year, not including 57 Dollar Tree-Family Dollar combo stores that will be converted to Dollar Tree stores. Contributing: Reuters. Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
