Dollar Tree
American discount variety store chain / From Wikipedia, the free encyclopedia
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.[1] 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.
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Dollar Tree store in Griffin, Georgia | |
Dollar Tree | |
Formerly |
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Company type | Public |
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Industry | Retail, variety, discount |
Predecessors |
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Founded | 1953; 71 years ago (1953) April 17, 1986 Sumter, South Carolina, U.S. |
Headquarters | , U.S. |
Number of locations | 15,288 (February 2020) [1] |
Areas served | United States Canada |
Key people | Rick Dreiling[2] (CEO) |
Products | Food and snacks, health and beauty care products, housewares, books and toys |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 193,100 [1] |
Divisions | Dollar Tree Canada |
Subsidiaries | Family Dollar; 99 Cent Stores |
Website | dollartree |
![Thumb image](http://upload.wikimedia.org/wikipedia/commons/thumb/3/3e/Dollar_Tree_footprint_map_2020-12.png/640px-Dollar_Tree_footprint_map_2020-12.png)
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]
Most of their stores are located in the South and Northeast, but they can be found scattered across all regions of the United States.
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.