Dollar Tree announces damage at Oklahoma facility from tornados

Dollar Tree announced that late in the evening of April 27, a series of tornados struck Oklahoma and caused significant damage to the one million square foot Dollar Tree distribution center located in Marietta. The company can confirm that none of the 456 associates who are employed at the Marietta distribution center were injured at the facility. The company said, “Currently, there are no reports of damage to any Dollar Tree or Family Dollar retail stores in the region, and we are focused on keeping those stores supplied to support the needs of our local customers. The Company reacted swiftly to maintain distribution operations following the storm and immediately pivoted its network to deliver product to the approximately 600 Marietta-serviced Dollar Tree stores. The Company expects that these efforts will limit disruption to the Dollar Tree shopping experience. The Company’s distribution center insurance policies include significant property and inventory coverage. At this time, the Company is assessing the value of all potential claims and anticipates the majority of Company damages and recovery costs to be covered under its current policies. “