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In 1996, Dollar Tree acquired Dollar Bill$, Inc., a Chicago-based chain of 136 stores. In 1997, the company opened its first distribution center and its new store support center, both located in Chesapeake, Virginia .
Between 1996 and 1997, we acquired Dollar Bill$, Inc., a Chicago-based chain of 136 stores, and broke ground on our first Distribution Center and new Store Support Center in Chesapeake, Virginia. At the tail end of the 1990s, we acquired the 98-Cent Clearance Centers in California and the Only $One Stores in New York.
The Dollar Tree is a publicly-traded company and can be owned by individual investors, institutional investors, and the company’s executives. No single person owns the entirety of Dollar Tree.
Almost 70 years ago, founders in Norfolk, Virginia and Charlotte, North Carolina started what would later become Dollar Tree and Family Dollar stores. Today, we are one company with over 16,000 stores and 200,000 associates, operating in all 48 contiguous states and five Canadian provinces.
Dollar Tree Stores are owned by Family Dollar Stores, Inc., a publicly-traded company based in Chesapeake, Virginia and founded in 1986. Family Dollar has been under the ownership of private equity firm Sycamore Partners since 2015 and is currently led by CEO Gary Philbin.
In January 1996, the company bought Dollar Bills, Inc. for approximately $52.6 million in cash and $2 million in inventory. The purchase moved the company into three new states (Iowa, Minnesota, and Wisconsin) and added 136 stores, increasing Dollar Tree's store base by 27 percent.
Dollar Tree, Inc., a Fortune 200 company, is a leading operator of discount variety stores that has served North America for more than thirty years. The Company is proudly headquartered in Chesapeake, Virginia and operates 15,500+ stores across….
Dollar Tree, Inc. owns and operates discount variety stores offering merchandise at fixed prices. It operates through the Dollar Tree and Family Dollar segments.
Does Dollar Tree own any other company? In addition to Dollar Tree, Dollar Tree, Inc. owns the store chain Family Dollar, which is headquartered in Charlotte, North Carolina. It was founded by Leon Levine in November 1959 and now operates 8,000 stores throughout the United States.
Dollar Tree, Inc. owns and operates discount variety stores offering merchandise at the fixed prices. It operates stores under the names Dollar Tree, Deal$, Dollar Tree Deal$, Dollar Giant and Dollar Bills.