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Dollar Tree has seen a tremendously successful year in terms of revenue. In Q1 2023, the discount destination experienced a 3.4% increase in same-store sales, and corporate also opened 107 new stores.
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The first Dollar Tree opened in 1994, and since then, many consumers have flocked to their more than 8,000 stores to score a good deal. However, over time, some shoppers have found those deals ...
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In 1991, the corporation made a decision to focus exclusively on the expansion of dollar stores after selling K&K stores to KB Toys, owned by Melville Corporation. [5]In 1993, the name Only $1.00 was changed to Dollar Tree Stores to address what could be a multi-price-point strategy in the future, and part equity interest was sold to SKM partners, a private equity firm.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Dollar_Tree,_Inc.&oldid=662710738"
Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 when its headquarters operations were moved from Matthews, a suburb of Charlotte, North Carolina, to Chesapeake, Virginia, located in South Hampton Roads.