Closest Dollar Tree Store To My Location (2024)

FAQs

What is the difference between the Dollar Store and the Dollar Tree store? ›

While Dollar General sells products ranging from $3 to $10, Dollar Tree sells everything for just $1.25. That means you can get more products at Dollar Tree with your allotted budget. For 35 years, everything was $1 at Dollar Tree.

Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 (sometimes referred to as Fortune 200) company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada.

Dollar Tree, Inc. is not owned by Walmart. It is an independent company. It owns Dollar Tree, Dollar Bills and also a subsidiary known as Family Dollar. The parent company was once known as Only $1.00.

Any store with a plus section will have a plus banner next to the store address.

We are writing a bold new chapter for our business — and for towns all across America. We've brought Family Dollar and Dollar Tree together under one roof, starting in small, rural towns across the country that had limited retail options. Our customers love the concept and we are expanding past just small towns.

Unlike Dollar Tree, not everything at Family Dollar costs just $1.25. Prices for its items range between $1 to $10, with most items typically costing from $3 to $5. However, you can still find plenty of great deals on a variety of household and grocery items.

In an effort to cater to customers who want a more upscale shopping experience, Dollar General is opening retail locations that operate under a different brand. These stores are called pOpshelf, and they're meant to appeal to wealthier and more suburban customers.

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.

Adding Dollar Tree Plus Items to Our Stores

We've added Dollar Tree Plus sections to over 5,000 of our stores which provide customers with even greater deals at the $3 and $5 price points.

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.

Can you stack coupons at Dollar Tree? ›

We accept only one Manufacturer Coupon per Item purchased. We will accept a Manufacturer Coupon for over a dollar on a single Item, but the Manufacturer Coupon value will be reduced to the purchase price of the Item.

Dollar Tree raised the base price of items to $1.25 in 2021. "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 Chairman and CEO Rick Dreiling said during the company's fourth-quarter earnings call earlier this month.

Dollar Tree acquired Family Dollar in 2015 for over $8 billion after a bidding war with Dollar General, but Wednesday's earnings report signals difficulty in maintaining the value of both brands.

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.

Dollar Tree and Dollar General both check an “A” Zacks Style Scores grade for Value. Dollar Tree's stock trades at a 16.2X forward earnings multiple with Dollar General trading at 18.9X. Notably, both trade at a slight discount to their Zacks Retail-Discount Stores Industry average of 20.6X and Walmart's 26.7X.