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Dollar Tree DIY

Dollar Tree, Inc., formerly known as Only $1.00, is an American chain of discount variety stores that sells items for $1 or less. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of twenty four distribution centers.

HistoryBusiness StrategyCanadaRecallsExternal LinksEarly yearsIn 1953, K. R. Perry opened a Ben Franklin va­ri­ety store in Nor­folk, Vir­ginia, which later be­came known as KK 510. In 1970, K.R. Perry, Doug Perry, and Macon Brock started KK Toys in Nor­folk, Vir­ginia. This mall con­cept grew to over 130 stores on the East Coast. In 1986, Doug Perry, Macon Brock, and …1990sIn 1993, the name Only $1.00 was changed to Dol­lar Tree Stores to ad­dress what could be a multipricepoint strat­egy in the fu­ture, and part eq­uity in­ter­est was sold to SKM part­ners, a pri­vate eq­uity firm. On March 6, 1995, Dol­lar Tree, Inc. went pub­lic on the NAS­DAQ ex­change at $15 a share, with a mar­ket c…2000sIn 2000, Dol­lar Tree ac­quired Dol­lar Express, a Philadel­phiabased com­pany, and also built a new dis­tri­b­u­tion cen­ter in Stock­ton, Cal­i­for­nia. In 2001, the com­pany opened two ad­di­tional dis­tri­b­u­tion cen­ters, in Sa­van­nah, Geor­gia, and Briar Creek, Penn­syl­va­nia. In 2003, Dol­lar Tree ac­quired Salt Lak…See more on wiki2.org




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