Overview
Description
Dollar Tree, Inc. is a leading operator in the consumer staples merchandise retail sector, specializing in discount variety stores. Founded in 1986 and headquartered in Chesapeake, Virginia, the company operates a vast network of stores that offer a broad assortment of everyday products—ranging from household goods and cleaning supplies to food, health products, and seasonal items—all typically priced at accessible, fixed price points. The retailer primarily targets value-conscious consumers, fulfilling a crucial role by providing affordable shopping options across North America.
Dollar Tree, Inc. is notable for its focus on cost efficiency, high inventory turnover, and a no-frills operational model, which enables it to maintain competitive pricing while generating steady cash flows. The company's scale and purchasing power allow it to supply a wide variety of branded and private-label merchandise. Positioned within the consumer staples industry, Dollar Tree serves as a resilient business model especially during economic downturns, when consumer demand for low-cost essentials tends to rise. Its significant presence in the retail landscape makes it a key player in the sector, with strategic importance in both suburban and urban markets.
About
CEO
Mr. Michael C. Creedon Jr.
Employees
64434
Address
500 Volvo Parkway
Chesapeake, 23320, VA
United States
Chesapeake, 23320, VA
United States
Phone
757 321 5000
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Discount Stores
Country
Germany
MIC code
XSTU