Dollar Tree Inc. is an operator of discount variety stores that operated in the North American region for more than thirty years. At the end of FY2021, the company operated with 16,077 stores across the 48 US states and five Canadian provinces, supported by a coast-to-coast logistics network. It operates under the brand names Dollar Tree, Family Dollar, and Dollar Tree Canada.
The Dollar Tree segment had 8,061 stores in FY2021 operating under the Dollar Tree and Dollar Tree Canada brands, 15 distribution centers in the United States, and two in Canada. The stores predominantly range from 8,000 - 10,000 selling square feet. The store merchandise consists of consumable merchandise, which includes everyday consumables such as household paper and chemicals, food, candy, health, and personal care products, and in many stores, frozen and refrigerated food, a variety of merchandise, which includes toys, durable housewares, gifts, stationery, party goods, greeting cards, soft lines, arts and crafts supplies and other items, and seasonal goods, which include, among others, Christmas, Easter, Halloween and Valentine’s Day merchandise.
In the Family Dollar stores, it sells merchandise at prices that generally range from $1.00 to $10.00. Most of its stores have an area of 6,000 to 8,000 square feet. The Family Dollar segment had 8,016 stores in operation under the Family Dollar brand and 11 distribution centers at the end of FY2021. The merchandise consists of consumable merchandise, which includes food and beverages, tobacco, health, and personal care products, household chemicals, paper products, hardware, and automotive supplies, diapers, batteries, pet food and supplies, home products, which include housewares, home décor, giftware, and domestics, including comforters, sheets, and towels, apparel and accessories merchandise, which includes clothing, fashion accessories, and shoes and seasonal and electronics merchandise, which includes Christmas, Easter, Halloween and Valentine’s Day merchandise, personal electronics, including pre-paid cellular phones and services, stationery and school supplies, and toys
It had two initiatives for its Family Dollar stores, the H2 format, and the Combo Store format, both of which incorporated elements of Dollar Tree stores into Family Dollar stores. The Combo Stores delivered a strong same-store sales lift of more than 20% on average, as customers enjoy shopping the best of these iconic brands in one convenience store. Also, Combo Stores delivered increased productivity, higher gross margins, and improved operating performance compared with other Family Dollar stores. The company had more than 240 Combo Stores at the end of FY2021 and plans to add another 400 stores in FY2022.
The company launched the successful Instacart platform in the Family Dollar segment and began testing the online service delivery at Dollar Tree stores in the third quarter of FY2021. As of FY2021, the Instacart platform covered nearly 7,000 Dollar Tree stores enabling customers to shop online and receive same-day delivery without having to visit a store.
Austria
United States of America
Mexico
Netherlands
Switzerland
Zimbabwe
United Kingdom
Germany
Canada
Japan
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