Dollar Tree

Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. 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, 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 (1953)
April 17, 1986
Sumter, South Carolina, U.S.
Headquarters,
U.S.
Number of locations
15,288 (February 2020)
Areas served
United States
Canada
Key people
Rick Dreiling (CEO)
ProductsFood and snacks, health and beauty care products, housewares, books and toys
Revenue US$25.509 billion (Fiscal Year Ended January 30, 2021)
US$1.887 billion (Fiscal Year Ended January 30, 2021)
US$1.341 billion (Fiscal Year Ended January 30, 2021)
Total assets US$20.696 billion (Fiscal Year Ended January 30, 2021)
Total equity US$7.285 billion (Fiscal Year Ended January 30, 2021)
Number of employees
193,100
DivisionsDollar Tree Canada
SubsidiariesFamily Dollar
Websitedollartree.com

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.

Most of their stores are located in the South and Northeast but they can be found scattered across all regions of the United States.

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