Retail group > Dollar Tree Stores United States
Dollar Tree Stores United States
Founded in the US in 1986 by Doug Perry, Macon Brock, and Ray Compton, Dollar Tree is a chain of discount stores that sells items for €0.85(or less). It operates a total of 15 685 shops in 48 states across the US and Canada. Dollar Tree established its e-commerce platform in 2009 which introduces new products every week.
Formerly known as Only $1.00, Dollar Tree operates its stores under 2 banners:
- Dollar Tree
- Family Dollar
Dollar Tree stores sell 3 main types of merchandise which includes:
- Consumable Merchandise: everyday consumables, such as household paper, food, candy, health, and personal care products.
- Variety Merchandise: toys, stationery, party goods, as well as arts and crafts supplies.
- Seasonal Goods: holiday items, such as Christmas, Easter, Halloween, and Valentine’s Day decorations and many more
Moreover, a combination Family Dollar/Dollar Tree store concept was launched by Dollar Tree in 2019 and by the end of 2020, the company opened nearly 50 locations.
In 2021, the firm achieved a turnover of €21.6 billion, up by 8.03% compared to 2020, and employs 193 000 people.
In 2008, Dollar Tree earned a position in the Fortune 500.
Dollar Tree offers products in the following categories:
- Sweet Grocery: candy, gum, cereals, etc.
- Savory Grocery: canned food, spices, condiments, pasta, etc.
- Drinks: soft drinks, juices, water, energy drinks, etc.
- Personal Care: oral care, skincare, face care, etc.
- Household: laundry care, cleaners, cleaning supplies, etc.
Brands such as Pure Silk, LA Colors, Werther’s Original, Twix, etc, collaborate with Dollar Tree.
Furthermore, Dollar Tree operates 24 distribution centres and regarding deliveries, the business works with carriers and transportation companies such as Instacart and many more.
In 2020, Dollar Tree initiated a process to reduce its environmental impact by using more energy-efficient systems.
Dollar Tree’s online stores can be accessed on www.dollartree.com and www.familydollar.com
Headquarters
Chesapeake, United States
Phone number
Facts and figures
Turnover
Global workforce