Dollar Tree, Inc., headquartered in Chesapeake, Virginia is an operator of discount variety stores. Food and snacks, health and beauty care products, housewares, books, and toys. The company ranked Fortune 150 operating over 15.000 stores in 48 states, Columbia, and Canada.
Important Update on COVID-19
In regards to COVID-19, Dollar Tree operating hours can vary greatly, or perhaps the location can be momentarilly shut down due to quarantine constraints. Check out the details about delivery choices on the official website of your Dollar Tree.
Dollar Tree modified their shopping hours to allow personnel additional time for cleaning and to restock merchandise on racks. In addition to that, several Dollar Tree spots have recently set up specific shopping hrs for members of the at-danger group.
What time does Dollar Tree open?
| Monday | 09:00 AM – 09:00 PM |
| Tuesday | 09:00 AM – 09:00 PM |
| Wednesday | 09:00 AM – 09:00 PM |
| Thursday | 09:00 AM – 09:00 PM |
| Friday | 09:00 AM – 09:00 PM |
| Saturday | 09:00 AM – 09:00 PM |
| Sunday | 09:00 AM – 09:00 PM |
Is Dollar Tree open today? Is Dollar Tree open tomorrow?
Is Dollar Tree open on Sunday? Yes, it is open
Dollar Tree closing time
What time does Dollar Tree close? Usually, it closes at 09:00 PM.
History
The Company began its activity from 1986, when Doug Perry, Macon Brock, and Ray Compton started a chain store called Only $1.00 with stores in Georgia, Tennessee, and Virginia.
In 1991, the corporation made a decision to focus exclusively on the expansion of dollar stores.
In 1993, the owners renamed it to a less-priced Dollar Tree in order to have a possibility to change its pricing policy more freely in the future.
Dollar Tree Holiday Hours – Open
| Date | Holiday |
|---|---|
| January 21 | Martin Luther King Jr. Day |
| February 14 | Valentine’s Day |
| February 18 | President’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| May 27 | Memorial Day |
| July 04 | Independence Day |
| September 02 | Labor Day |
| June 16 | Father’s Day |
| November 28 | Thanksgiving Day |
| May 12 | Mother’s Day |
| October 14 | Columbus Day |
| October 31 | Halloween |
| November 11 | Veterans Day |
| November 29 | Black Friday |
| December 24 | Christmas Eve |
| December 26 | Day after Christmas |
| January 01 | New Year’s Day |
| December 31 | New Year’s Eve |
Dollar Tree Holiday Hours – Closed
| Date | Holiday |
|---|---|
| April 21 | Easter Sunday |
| December 25 | Christmas Day |
Dollar Tree near me
Dollar Tree store locator
Business directions
As of 2017, the Dollar Tree provides 7,100 items in its stores. The company offers multiple everyday goods, and additional items to them, daily goods with discounts, sales, and promotions.
The company’s locations conduct its activity under segments of Dollar Tree and Family Dollar. The company sells its products with fixed price $1.00 or less through Dollar Tree stores. Its price doesn’t depend upon the season and promotions. The Family Dollar stores offer a chain of standard goods dealer discount locations offering clients a choice of commodities in surrounding stores.
Key facts
Each Dollar Tree stock offers a variety of products including national, regional, and own brands. Most Dollar Tree stores provide frozen goods and dairy items such as milk, eggs, pizza, ice-cream, frozen dinners, and others. Since 2012, the chain of stores accepts coupons of the manufacturer in all locations. The company places promotions, special offers for certain groups of goods on its redesigned in 2009 site DollarTree.com. Users can select a store and explore information and product reviews.
Conclusion
The company is one of the most popular in its sector in the US and ranked 134th on the 2018 Fortune 500 list of US companies by revenue. This is possible thanks to its optimal prices, a wide range of goods and very convenient locations for customers. Despite the fact that the chain of stores is designed for buyers with a limited budget, nowadays it becomes popular among people with medium and high incomes.
FAQ
Is the Dollar Tree Everything really a dollar?
Dollar Tree is throwing away those green “Everything’s $1” signs at stores, ditching the brand identity it created and stuck to devotedly for 35 years. The chain said last week that it will permanently raise prices by 25% on the majority of its products.
Does Walmart own Dollar Tree?
Walmart does not own Dollar Tree as of 2022. Instead, Dollar Tree is a self-owned company that itself has acquired numerous national and regional competitors over the years, including Family Dollar and Dollar Bill$. Additionally, Walmart has never owned Dollar Tree and has no plans to acquire the business.
Are Dollar Tree and Family Dollar owned by the same company?
Dollar Tree does own Family Dollar, having purchased it in 2015 for $8.5 billion still retaining ownership of the rapidly growing retailer. While Dollar Tree sells products mostly for under $1, Family Dollar has a greater variety of products from several national brands, and so sells products for under $10.
Where does the stuff from Dollar Tree come from?
Once seen as dumping grounds for liquidated and off-brand merchandise, today’s dollar stores often buy their inventory from major manufacturers such as Procter & Gamble, Hanes, Unilever, Coca-Cola, Energizer, Crayola and General Mills.
Why is Dollar Tree 1.25 now?
Dollar Tree’s move to $1.25 comes with risks for the brand. Dollar Tree had started selling items at $1.25 and $1.50 at some stores and said it got positive positive customer feedback on the test, leading the company to announce in November that it will move to $1.25 at all of its stores.
Do dollar stores make a lot of money?
Dollar stores make billions. In 2018, Dollar Tree made $22 billion in revenue, and Dollar General’s stock was worth $36.5 billion as of July 2019. The stores are designed to get customers to spend more money, from keeping product sizes small to stocking private-label goods.
What is Dollar Tree’s net worth?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Dollar Tree net worth as of April 13, 2022 is $37.63B. Dollar Tree is the largest and most successful single-price-point retailer in North America.
Who is the owner of Dollar Tree?
The Dollar Family has many $1 stores under the operating names of Dollar Bills and Dollar Tree. Additionally, the company that owns Dollar Tree has been in operation since 1953, and in 2019 joined forces with the Dollar Family store.
Who bought out Dollar Tree?
The sale delivered a windfall to the company’s biggest shareholder Carl Icahn, who acquired his 9.4 percent stake in June 2014. On January 22, 2015, Family Dollar shareholders approved the Dollar Tree bid.
Are Dollar Tree items made in China?
Dollar Tree imports about 40 percent of the products it sells and Family Dollar imports about 25 percent, with much of that coming from China.
How much did Dollar Tree make 2021?
Consolidated net sales increased 3.1% to $26.31 billion from $25.51 billion in the prior year. Enterprise same-store sales increased 1.0% on a constant currency basis (or 1.1% when adjusted to include the impact of Canadian currency fluctuations), when compared to the prior year.
Is Dollar Tree going to change their name?
A spokesperson told the Wall Street Journal that the retailer has no plans to change its name. Dollar Tree is the last of the dollar stores to increase its prices above the namesake price point.
Is Dollar Tree financially stable?
Dollar Tree has been a stable investment, but it’s significantly underperformed the S&P 500 and its rival Dollar General ( DG 1.70% ) over the past five years.
How does Dollar Tree sell everything for a dollar?
They get volume discounts. Both Dollar Tree and Dollar General are huge companies that purchase large amounts of inventory at a time. That’s one way they’re able to sell everything so cheaply — the more they order at one time, the less they have to pay for each individual item.
Wide clean shop with lots of items, all for a dollar. What isn’t there to like? They have several brand names and a wide selection of items from school supplies to party supplies, food / snacks and health products. They are also available. Customer service was fine, I had everything I needed for the food truck lunch (and some stuff I wanted). Hands up! Thumbs up!
This place is fantastic! The shop is tidy and ordered. I found what I was searching for, and of course I didn’t know many things that I wanted or needed. I came and they had plenty for Christmas decorations! The home, fashion, food, kitchens, school supplies, cleaning supplies and toys are also available. The cashiers often ring you quick when there’s a long line.