Dollar Tree: Discover the Dollar Tree Difference
Last Updated on October 8, 2018
Wow! Just One Dollar?
Dollar Tree makes shopping fun, without the big expense! Whether you’re looking for kitchen ware, garden tools, scarves, hats, mittens, greeting cards and wrap, painting tools, silk flowers, cosmetics, Halloween costumes, school supplies, Christmas decorations…well, I could go on and on, but I think you get the idea. The Dollar Tree should be everyone’s first stop for everyday items. The selection is amazing and the prices are…well, one dollar. And, with 6,643 store locations across the U.S., there’s sure to be a store near you.
Did you know that you can also shop Dollar Tree online? Yep, you’ll find all the same items that you’d find in the stores, plus craft ideas and online exclusives. Check out the online videos for some great money-saving ideas.
When did it all get started?
The Dollar Tree roots go back more than sixty years to 1953, when K. R. Perry and Ben Franklin opened a variety store in downtown Wards Corner, Norfolk, Virginia. The store was later renamed to K&K 5&10.
In 1986, Macon Brock, Doug Perry, and Ray Compton started Only $1.00 with 5 stores, one in Georgia, one in Tennessee, and three in Virginia. In 1993, the name Only $1.00 was changed to Dollar Tree. Three years later, in 1996, Dollar Tree acquired Dollar Bill$, Inc., a Chicago-based chain of 136 stores.
And, they keep on growing
In 2000, Dollar Tree acquired Dollar Express, a Philadelphia-based company, and also opened a new Distribution Center in Stockton, California.
The year 2006 was one of jubilation as Dollar Tree celebrated its 20th year of retailing at a $1.00 price point and opened its 3,000th store. The Company also acquired 138 Deal$ stores from SUPERVALU INC.
Over the next few years, Dollar Tree’s growth continued as the Company opened 345 new stores and surpassed $7 billion in sales.
Believe it, or not, in 2014, Dollar Tree had 5,000 stores. But, it didn’t stop there; today, there are 6,643 Dollar Tree stores covering every one of the U.S. contiguous states. How’s that for success?
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