Dollar Tree

Dollar Tree, Inc.
Dollar Tree
Formerly
  • Only $1.00
  • Dollar Tree Stores, Inc.
Company typePublic
IndustryRetail, variety, discount
Predecessors
  • K&K 5&10 (1953–1986)
  • Only $1.00 (1986–1993)
Founded1953; 71 years ago (1953)
April 17, 1986
Sumter, South Carolina, U.S.
Headquarters
Chesapeake, Virginia
,
U.S.
Number of locations
15,288 (February 2020)
Areas served
  • United States
  • Canada
Key people
Rick Dreiling[1] (CEO)
ProductsFood and snacks, health and beauty care products, housewares, books and toys
RevenueIncrease US$25.509 billion (Fiscal Year Ended January 30, 2021)[2]
Increase US$1.887 billion (Fiscal Year 2021)[2]
Increase US$1.341 billion (Fiscal Year 2021)[2]
Total assetsIncrease US$20.696 billion (Fiscal Year 2021)[2]
Total equityIncrease US$7.285 billion (Fiscal Year 2021)[2]
Number of employees
65,894 (Full-time) (2024)
DivisionsDollar Tree Canada
SubsidiariesFamily Dollar; 99 Cent Stores
Websitedollartree.com
Footnotes / references
[3]
Dollar Tree stores in the U.S., as of December 2020 [4]

Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 (sometimes referred to as Fortune 200) company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada.[3] Its stores are supported by a nationwide logistics network of 24 distribution centers. Additionally, the company operates stores under the name of Dollar Bills, as well as a multi-price-point variety chain under the Family Dollar banner.

Dollar Tree competes in the dollar store and low-end retail markets. Each Dollar Tree stocks a variety of products, including national, regional, and private-label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags, and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods. In August 2012, the company began accepting manufacturer coupons at all of its store locations.[5]

Dollar Tree, and dollar stores in general, have been alleged to create food deserts: areas with poor access to healthy and affordable food. Dollar Tree disputes this claim, and claims that it creates food options in areas that would otherwise be deserts.

  1. ^ "Dollar Tree CEO resigning; former Dollar General CEO to replace him". January 24, 2023. Archived from the original on March 24, 2023. Retrieved March 24, 2023.
  2. ^ a b c d e "Dollar Tree, Inc. 2021 Annual Report". www.dollartreeinfo.com. January 30, 2021. Archived from the original on November 24, 2021. Retrieved November 25, 2021.
  3. ^ a b "Dollar Tree, Inc. 2017 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 2018. Archived from the original on January 24, 2021. Retrieved April 5, 2018.
  4. ^ "Dollar Tree Locations". Archived from the original on January 16, 2021. Retrieved December 25, 2020.
  5. ^ Shapiro, Carolyn (August 22, 2012). "Dollar Tree plans to start accepting coupons Sunday". pilotonline.com. Archived from the original on July 10, 2021. Retrieved November 25, 2021.