Dollar Tree | Locations in Chicago, IL (2024)

No, Dollar Tree is a publicly traded company owned by its independent shareholders. WalMart and Dollar Tree are both Fortune 500 companies and are competitors.

Does WalMart own Dollar Tree stores? ›

No, Dollar Tree is a publicly traded company owned by its independent shareholders. WalMart and Dollar Tree are both Fortune 500 companies and are competitors.

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What's the difference between Dollar General and Dollar Tree? ›

Product quality. One of the major differences between Dollar General and Dollar Tree is the quality of their products. While Dollar Tree sells every item for just $1.25, the quality of these products might not be the best. Some of the products may not last for long, and you might have to replace them quickly.

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Who is the owner of Dollar Tree? ›

Dollar Tree is owned by Dollar Tree, Inc. Rick Dreiling has served as the CEO of the company since January 2023 and has held the role of Executive Chairman on the Board of Directors since March 2022.

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Are Family Dollar and Dollar Tree owned by the same company? ›

Dollar Tree acquired Family Dollar in 2015 for $8.5 billion and has struggled to boost the brand to meet its flagship stores' appeal, said Neil Saunders, managing director of the analytics company GlobalData's retail division.

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What was the Dollar Tree called before? ›

Early in the 1990s, K&K Toys was sold to KB Toys, a Melville Corp., and all assets were used to expand dollar stores. We underwent a name change to Dollar Tree Stores in 1994. Then in 1995, we went public on the NASDAQ exchange at $15 a share.

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Why did Dollar Tree change their name? ›

In 1993, the name Only $1.00 was changed to Dollar Tree Stores to address what could be a multi-price-point strategy in the future, and part equity interest was sold to SKM partners, a private equity firm.

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Which is better, Family Dollar, Dollar General or Dollar Tree? ›

While Dollar Tree is a great option if you want everything to cost just $1.25, the quality and variety of products may not be as high as what you would find at other stores. Dollar General and Family Dollar both offer a wider range of items and may have more sales and promotions, but their prices can vary.

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Why are name brands cheaper at Dollar Tree? ›

One key approach is bulk buying from suppliers. By purchasing millions of units to distribute across their numerous locations, they can acquire products at a lower cost, similar to the savings Costco offers its customers through bulk purchases. Another method dollar stores use is sourcing liquidated items.

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Who is merging with Dollar Tree? ›

Two Great Stores, One Big Deal

It's two great stores coming together under one roof — Family Dollar, ready to meet your family's needs, alongside Dollar Tree, with its thrilling offerings in seasonal, party, and crafting — to help you celebrate life's occasions.

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Is Dollar Tree raising prices again in 2024? ›

Dollar Tree's CEO did say in March the increase will start in 2024 across all stores. "This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7," Dollar Tree CEO Rick Dreiling said in the call on March 13.

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What does the CEO of Dollar Tree make? ›

Dollar Tree's CEO is Rick Dreiling, appointed in Jan 2023, has a tenure of 1.5 years. total yearly compensation is $3.36M, comprised of 40.2% salary and 59.8% bonuses, including company stock and options. directly owns 0.003% of the company's shares, worth $737.72K.