Dollar tree

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Dollar Tree Inc.
legal form	Corporation
ISIN	US2567461080
founding	1970
Seat	Chesapeake , Virginia ,
management	Mike Witynski (CEO)
Number of employees	167,800 (2016)
sales	$ 8.602 billion (2015)
Branch	retail trade
Website	www.dollartree.com

Dollar Tree business in Hillsboro, Oregon

Dollar Tree is an American operator of low-cost general stores. The company's headquarters is located in Chesapeake in the US state of Virginia .

history

KR Perry opened a general store in Norfolk in 1953 . As of 1970, K&K Toys grew from one toy store to over 130 on the east coast of the USA . In 1986, five stores named Only $ 1.00 were opened in Virginia, Georgia, and Tennessee . Seven years later, the company name changed to Dollar Tree . In 1995 the company went public on the NASDAQ . The following year was Dollar Bill $ from Chicago adopted in 1998, the Californian 98-cent clearance centers and 1999. Only $ One Stores in New York . In 2006 the 3,000th store was opened.

Market presence

Dollar Tree operates more than 13,000 stores in 48 states and 5 provinces in Canada under the names Dollar Tree, Dollar Express, Dollar Bills, Only One Dollar and Only $ One. The Family Dollar chain , the second largest of its kind in the USA with 6,000 stores, has been part of Dollar Tree since 2015 . In addition, numerous multi-price shops are operated under the name Spain's Cards and Gifts .

Shareholder structure

95.51% of the shares are held by institutional investors (as of April 22, 2020).

Individual evidence

1. ↑ Dollar Tree on the NASDAQ website , accessed April 22, 2020