Dollar Tree, Inc. (0IC8.L) LSE

Currency In USD

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Dollar Tree, Inc.

Address

500 Volvo Parkway

Chesapeake, VA 23320

United States of America (the)

Phone

757 321 5000

Sector

Consumer Defensive

Industry

Discount Stores

Employees

64434

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Michael C. Creedon Jr.Chief Executive Officer & Director5.33M1977
H. Ray ComptonCo-Founder77,5001943
Steve SchumacherChief People Officer1.71M1972
Robert AflatooniChief Information Officer1.92M1971
Stewart F. GlendinningChief Financial Officer2.9M1965
Jennifer L. SilbermanChief Sustainability & Corporate Affairs Officer0N/A
Neil A. CurranPresident & COO of Dollar Tree Canada0N/A
John S. Mitchell Jr.Chief Legal Officer & Corporate Secretary01970
Pedro VoyerChief Development Officer0N/A
Jocelyn Zazyczny KonradExecutive VP & Chief Retail Officer01970
Daniel DelrosarioSenior VP of Investor Relations & Treasurer0N/A
Joseph CalvanoPresident of Dollar Tree Stores Canada Inc.0N/A
Aditya MaheshwariSenior Vice President & Chief Accounting Officer01975
Thoufiq KuttySVP and Chief Ethics & Compliance Officer0N/A
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Description

Dollar Tree, Inc. functions as a prominent discount retailer specializing in various goods. Its operations are divided into two main divisions: the Dollar Tree segment and the Family Dollar segment. The Dollar Tree division is distinguished by its single, fixed-price point of $1.25 for all merchandise. Its product selection ranges from essential consumables like candy, food, health and personal care items, household paper and chemicals, and frozen/refrigerated goods. Additionally, it offers a diverse array of general merchandise, including toys, durable housewares, gifts, stationery, party supplies, greeting cards, softlines, and arts and crafts materials. Seasonal goods for holidays such as Christmas, Easter, Halloween, and Valentine's Day are also available. As of January 29, 2022, this segment managed 8,061 retail outlets operating under the Dollar Tree and Dollar Tree Canada banners, supported by 15 distribution centers across the United States and 2 in Canada. In contrast, the Family Dollar segment runs general merchandise discount stores. Its extensive inventory includes a variety of consumable products such as groceries, beverages, tobacco, personal care items, household cleaning supplies, paper products, hardware, automotive essentials, diapers, batteries, and pet food and accessories. Shoppers can also find a wide range of home products, from housewares and décor to giftware, as well as domestics like comforters, sheets, and towels. Furthermore, the stores feature apparel, fashion accessories, and footwear. Seasonal merchandise for major holidays, alongside electronics including pre-paid cellular phones and services, stationery, school supplies, and toys, complete its offerings. By January 29, 2022, the Family Dollar segment oversaw 8,016 stores under its brand name and operated 11 distribution centers. Established in 1986, the company maintains its corporate headquarters in Chesapeake, Virginia.

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