First firm also buys bankrupt retailer’s intellectual property
Inflation, reduced government benefits affecting customer base, according to CEO
Owner initiates a “comprehensive review” of brand
Its CFO will depart once a successor is found; other C-suite execs have left the company
Discounter also shakes up its board, names new chair
Bob Sasser has been with the company since 1999
The retailer will not give in to pressures to replace board of directors
Most of the retailer's products will be bumped up to $1.25
The retailer will introduce Dollar Tree Plus, a section with items priced up to $5
