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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. [ 3] Its stores are supported by a nationwide logistics network of 24 ...
Dollar Tree has seen a tremendously successful year in terms of revenue. In Q1 2023, the discount destination experienced a 3.4% increase in same-store sales, and corporate also opened 107 new stores.
Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 when its headquarters operations were moved from Matthews, a suburb of Charlotte, North Carolina, to Chesapeake, Virginia, located in South Hampton Roads.
Same-store sales for the company’s Dollar Tree brand rose 1.7% while Family Dollar sales climbed only 0.1%. Enterprise sales rose 1%. Revenue rose to $7.63 billion, up about 4% from $7.32 ...
Dollar Tree expects to have at least 5,000 Dollar Tree Plus stores by the end of 2024. These stores will offer products at three different price points — $1.25, $3 and $5.
Same-store net sales at Dollar Tree stores climbed 6.3% during the fourth quarter of 2023. Those gains, though, were offset by a 1.2% drop in sales at Family Dollar stores.
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