Dollar Tree | Locations in Chicago, IL (2024)

No, Dollar Tree is a publicly traded company owned by its independent shareholders. WalMart and Dollar Tree are both Fortune 500 companies and are competitors.

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Are Family Dollar and Dollar Tree owned by the same company? ›

Dollar Tree acquired Family Dollar in 2015 for $8.5 billion and has struggled to boost the brand to meet its flagship stores' appeal, said Neil Saunders, managing director of the analytics company GlobalData's retail division.

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Is DG owned by Walmart? ›

No Walmart does not own Dollar General. They are both two separate and independent retail companies. Both trade their stock publicly. Walmart has the ticker symbol WMT.

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What company merged with Dollar Tree? ›

Family Dollar bidding

On July 28, 2014, Dollar Tree announced that a deal had been reached and approved by both parties to purchase Family Dollar for $8.5 billion plus acquisition of the $1 billion in debt currently held by Family Dollar.

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What is the parent company of Dollar Tree? ›

SUBSIDIARIES OF THE REGISTRANT (DOLLAR TREE STORES, INC.) The registrant is the parent company of Dollar Tree Distribution, Inc., a distribution and warehousing company, Dollar Tree Management, Inc., a management services company, and Greenbrier International, Inc, a sourcing company.

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Why is Dollar Tree still called Dollar Tree? ›

Despite the inclusion of items priced above one dollar, Dollar Tree has retained its brand name for continuity and recognition among consumers. The name "Dollar Tree" still conveys the idea of value and affordability, even if not every item in the store is priced at exactly one dollar.

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Who is Dollar Tree's biggest competitor? ›

Should you be buying Dollar Tree stock or one of its competitors? The main competitors of Dollar Tree include Target (TGT), Dollar General (DG), Big Lots (BIG), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), MINISO Group (MNSO), Five Below (FIVE), PriceSmart (PSMT), Almacenes Éxito (EXTO), and Walmart (WMT).

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What are the 3 biggest dollar store chains in America? ›

Three national chains dominate the dollar store retail environment: Dollar General, Dollar Tree, and Family Dollar. Combined they had over 24,000 stores as of October 2018. You can see in the map that these stores are most heavily concentrated in the Southeast United States.

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Why did Dollar Tree fail? ›

Dollar Tree believed acquiring Family Dollar would help it compete against larger rivals. But it misjudged the deal. Since the “botched acquisition,” Family Dollar “has caused Dollar Tree nothing but hassle,” Neil Saunders, managing director of GlobalData, said in a recent note to clients.

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Is Dollar Tree raising prices again in 2024? ›

Dollar Tree is yet again not sticking to the dollar theme in its name. The company announced last month that it would be increasing the prices on items again. The official prices announced were a minimum of $1.50.

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Is Family Dollar going out of business in 2024? ›

At least nine retail brands have said they're closing US stores in 2024, totaling some 1,280 locations. Family Dollar is the largest chain on the list, planning to close at least 600 stores this year. Other companies, such as Walmart and TJX, are closing a few stores while opening many more.

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What country owns Walmart now? ›

Walmart is a publicly traded company and the majority of its shares are owned by American individuals and institutions .

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What is Dollar General changing their name to? ›

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.

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What is Walmart's original name? ›

Walmart

Logo since June 29, 2008
Walmart location in Onalaska, Wisconsin
Predecessor	Walton's Five and Dime
Founded	July 2, 1962 in Rogers, Arkansas October 31, 1969 in Wilmington, Delaware (incorporation)
Founders	Sam Walton, Bud Walton

22 more rows

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Who owns Dollar Tree now? ›

Dollar Tree is owned by Dollar Tree, Inc. Rick Dreiling has served as the CEO of the company since January 2023 and has held the role of Executive Chairman on the Board of Directors since March 2022.

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Who is the parent company of Walmart? ›

Walmart is also the largest private employer in the world with 2.1 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

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Is Home Depot owned by Walmart? ›

Ownership. Home Depot is mainly owned by institutional investors, who own around 70% of shares. The largest shareholders in December 2023 were: The Vanguard Group (9.49%)

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Is Lowes owned by Walmart? ›

Lowe's Companies, Inc. and Walmart Inc. are separate companies and are not owned by the same parent company. While both are prominent retail chains in the United States, they operate independently and have different ownership structures and management teams.