Profile: Dollar Tree Inc (DLTR.OQ)
Dollar Tree, Inc., incorporated on February 22, 2008, is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. The Company's segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price. The Family Dollar segment operates a chain of general merchandise retail discount stores providing consumers with a selection of merchandise in neighborhood stores. The Company's stores operate under the names of Dollar Tree, Family Dollar and Dollar Tree Canada. As of January 28, 2017, the Dollar Tree segment included 6,360 stores operating under the Dollar Tree and Dollar Tree Canada brands, 11 distribution centers in the United States and two in Canada and a Store Support Center in Chesapeake, Virginia. The Family Dollar segment consists of its operations under the Family Dollar brand, 11 distribution centers and a Store Support Center in Matthews, North Carolina. As of January 28, 2017, the Company offered 7,100 items in its stores. The Company offers a range of everyday basic products, and supplements these basic, everyday items with seasonal, closeout and promotional merchandise.
The merchandise mix in its Dollar Tree stores consists of consumable merchandise, which includes candy and food, health and beauty care, and everyday consumables, such as household paper and chemicals, and in select stores, frozen and refrigerated food; variety merchandise, which includes toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines and other items, and seasonal goods, which include Valentine's Day, Easter, Halloween and Christmas merchandise. Its Family Dollar stores provide customers with a range of basic necessities and seasonal merchandise. The merchandise mix in its Family Dollar stores consists of consumable merchandise, which includes food, tobacco, health and beauty aids, household chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies; home products, which include housewares, home decor, giftware and domestics, including blankets, sheets and towels; apparel and accessories merchandise, which includes clothing, fashion accessories and shoes, and seasonal and electronics merchandise, which includes Valentine's Day, Easter, Halloween and Christmas merchandise, personal electronics, including pre-paid cellular phones and services, stationery and school supplies, and toys.
Dollar Tree Inc
500 Volvo Pkwy
CHESAPEAKE VA 23320-1604
Company Web Links
- UPDATE 4-U.S. dollar chains report profit surge as downturn makes shoppers thrifty
- Dollar Tree beats quarterly sales estimates
- UPDATE 1-Dollar Tree taps company insider Michael Witynski as CEO
- Dollar Tree names Michael Witynski as CEO
- Dollar chains expect robust demand as shoppers brace for recession