Overview
Description
Dollar Tree Inc. is a major American operator of discount variety stores, primarily catering to value-focused consumers. The company specializes in offering a wide array of general merchandise, including household goods, party supplies, snacks, and seasonal items, often at fixed low price points. Serving as a leading player in the discount retail sector, Dollar Tree is notable for its expansive reach among cost-conscious shoppers, delivering everyday essentials and discretionary products within a single, convenient shopping destination. The enterprise has maintained a strong presence in North America and is recognized for adapting its product assortment to local customer demands and market trends. Dollar Tree’s business model emphasizes efficiency, high inventory turnover, and targeted assortment planning. The company’s recent strategic moves—including divesting its Family Dollar segment—highlight a focus on core operations and profitability within the competitive discount retail landscape. Dollar Tree’s role in the financial market is significant, as it reflects broader consumer spending patterns and resilience during varied economic cycles, drawing interest from both retail and institutional investors.
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
Italy
MIC code
XMIL