said on Thursday interim CEO Michael Creedon would take on the role permanently, tasking an insider to lead a turnaround of the dollar-store chain facing weak demand and intense competition.
His appointment came after industry veteran Rick Dreiling decided to step down after a two-year stint due to health concerns.
Dollar Tree’s shares were up 2% in premarket trading on Thursday. They have lost a little over half of their value so far this year, as of the last close…