Market Capitalization (Millions $) |
27,893 |
Shares
Outstanding (Millions) |
219 |
Employees |
210,565 |
Revenues (TTM) (Millions $) |
29,685 |
Net Income (TTM) (Millions $) |
1,164 |
Cash Flow (TTM) (Millions $) |
9 |
Capital Exp. (TTM) (Millions $) |
1,645 |
Dollar Tree Inc
Dollar Tree Inc. is an American retail chain that operates discount stores across the United States and Canada. The company offers a broad range of products, including household and cleaning supplies, food and snacks, health and beauty aids, toys and games, party and celebration supplies, seasonal decorations, and more. All products are sold for $1 or less, making it an affordable shopping destination for customers.
The company was founded in 1986 by Maury Epstein, Doug Perry, and Ray Comiskey as Only $1.00. It was later renamed Dollar Tree Inc. and went public in 1995, with its headquarters in Chesapeake, Virginia. Today, the company is one of the largest discount retailers in North America, with over 15,000 stores and approximately 193,000 employees.
Dollar Tree's stores are typically small, ranging from 8,000 to 12,000 square feet in size. They are located in a variety of regions, from urban centers to rural communities, and are particularly popular in low-to-middle-income neighborhoods. The company places an emphasis on convenience and affordability, targeting customers who want to stretch their budgets while still enjoying a wide range of quality products.
One of Dollar Tree's key competitive advantages is its buying power. The company has a large network of suppliers, including both domestic and international vendors, which allows it to obtain high-quality products at low prices. The company also has stringent quality control processes in place to ensure that all products meet its standards for safety, quality, and value.
Dollar Tree has a customer loyalty program, called the Family Dollar Smart Coupon program, that allows customers to access exclusive promotions and discounts. The company also operates an online store, where customers can purchase items in bulk or find items that may not be available at their local store.
In recent years, Dollar Tree has acquired several other retail chains, including Family Dollar in 2015 and Dollar Express in 201 These acquisitions have expanded the company's customer base and increased its total store count, making it a major player in the discount retail market.
Overall, Dollar Tree Inc. is a widely recognized and successful retail chain that provides affordable products to a broad range of customers across North America. Its commitment to quality, value, and convenience have made it a go-to destination for budget-conscious customers looking for a wide range of products at low prices.
Company Address: 500 Volvo Parkway Chesapeake, 23320 VA
Company Phone Number: 321-5000 Stock Exchange / Ticker: NASDAQ DLTR
|