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Veronica Garabelli// September 18, 2018//
Chesapeake-based Dollar Tree is moving 700 jobs from North Carolina to Virginia.
Dollar Tree said Tuesday that it’s closing Family Dollar’s Matthews, N.C.-based headquarters next fall. This will result in the transition of 700 employees to its new Summit Pointe headquarters, a 12-story office building in Chesapeake’s Greenbrier area.
“We've given associates a few months window so they can decide if they want to relocate,” says Randy Guiler, Dollar Tree's vice president of investor relations.
Two-hundred jobs also will be eliminated in Matthews due to the closure of Family Dollar’s headquarters but a local distribution center will remain open. Dollar Tree bought Family Dollar more than three years ago for about $9.1 billion. Impacted employees will be offered job transition benefits and outplacement services.
The discount retailer will start moving Chesapeake employees to Summit Pointe early next month. Consolidation of operations is expected to be completed in fall 2019.
