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What the company is doing

Dollar Tree is North America's largest and most popular one-price retailer with thousands of stores in 48 states and 5 Canadian provinces, backed by a robust and flexible logistics network, and operates based in Chesapeake, VA.

The history of the brand

The roots of Dollar Tree go back over 60 years. You have to rewind to The Wands Corner, Norfolk, Virginia, to K.R Perry and Ben Franklin store back for more than half a century to understand how this all happened. $1.00 shopping adventure (a single price point) was used to develop a national store chain to establish a viral model.

Business directions

Dollar Tree, Inc. functions in the United States and Canada in the discount variety retail market. Two brands, the Dollar Tree and the Family Dollar, operate together. Dollar Tree often sells products at a fixed price of $1 at a fixed cost. It supplies consumer goods including sweets, food, and beauty products, as well as everyday consumer products such as household paper and chemicals, frosts and coolers; various commodities including toys, enduring home goods, copies, stationery, party goods, greeting card, soft lines, and other pieces.

For sure, a company's success depends mainly on its venue. You won't have anything to propose to a customer if you aren't in a position where you can sell something for the local community. That is why Dollar Tree and Family Dollar are spotted mainly in places easily accessible for people of lower income levels and those who live far from large box stores.

Key facts about the company

The Family Dollar is one of the nation's fastest-growing stores, offering an incredible variety of items for the family, from household cleaners, brand name foods, health care, and beauty products to toys, clothes for all ages, home fashions, all at low prices every day. Although certain items are available to shoppers for $1 or less, most items on the market are below $10, making it fun to shop without expanding the family budget.

Capitalizing on this need, Dollar stores open shops in lower-income areas and give them a cheaper and more convenient alternative. You don't waste as much gas as half an hour to get to a full-sized grocery store. It saves a lot of money on a long-term basis.

Only when you get to the shop can the savings continue, and you find thousands of articles at a much lower price than in other shops. Most people don't expect their dollar shopping items to last forever, and if anything breaks, they go out again and buy a new one for another dollar, which brings more money to the pocket of the dollar store.

Mission and vision

Dollar Tree focuses on its customers, driven by the value, and operating a price point of one dollar as a price point for the consumer. They are going to work profitably and allow their employees to share in their opportunities, awards, and accomplishments, and deal honestly and carefully with others.

Typical Hours of Operation

Mo 9:00 - 20:00
Tu 9:00 - 20:00
We 9:00 - 20:00
Th 9:00 - 20:00
Fr 9:00 - 20:00
Sa 9:00 - 20:00
Su 9:00 - 20:00

Locations: 6342 locations in 50 states and 3091 cities.

Categories

  • Discount Stores
  • General Merchandise
  • Variety Stores

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