Financial News

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

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.

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