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Dollar Tree information


Dollar Tree, Inc.
Trade name
Dollar Tree
Formerly
  • Only $1.00
  • Dollar Tree Stores, Inc.
Company typePublic
Traded as
  • Nasdaq: DLTR
  • Nasdaq-100 component
  • S&P 500 component
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) [1]
Areas served
United States
Canada
Key people
Rick Dreiling[2] (CEO)
ProductsFood and snacks, health and beauty care products, housewares, books and toys
RevenueIncrease US$25.509 billion (Fiscal Year Ended January 30, 2021)[3]
Operating income
Increase US$1.887 billion (Fiscal Year Ended January 30, 2021)[3]
Net income
Increase US$1.341 billion (Fiscal Year Ended January 30, 2021)[3]
Total assetsIncrease US$20.696 billion (Fiscal Year Ended January 30, 2021)[3]
Total equityIncrease US$7.285 billion (Fiscal Year Ended January 30, 2021)[3]
Number of employees
193,100 [1]
DivisionsDollar Tree Canada
SubsidiariesFamily Dollar
Websitedollartree.com
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.[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.

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.

  1. ^ a b c "Dollar Tree, Inc. 2017 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 2018.
  2. ^ "Dollar Tree CEO resigning; former Dollar General CEO to replace him". January 24, 2023.
  3. ^ 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.
  4. ^ "Dollar Tree Locations". 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.

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