Dollar Tree, Inc. (0IC8.L) LSE

122.42

-2.54(-2.03%)

Updated at December 24 05:38PM

Currency In USD

Dollar Tree, Inc.

Address

500 Volvo Parkway

Chesapeake, VA 23320

United States of America

Phone

757 321 5000

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

64434

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Michael C. Creedon Jr.Chief Executive Officer & Director1.64M1976
H. Ray ComptonCo-Founder77,5001943
Stewart F. GlendinningChief Financial Officer1.55M1965
Richard L. McNeelyChief Merchandising Officer1.63M1959
Aditya MaheshwariSenior VP & Chief Accounting Officer01975
John S. Mitchell Jr.Chief Legal Officer & Corporate Secretary0N/A
Robert AflatooniChief Information Officer01971
Robert Andrew LaFleurSenior Vice President of Investor Relations0N/A
Steve SchumacherChief People & Communications Officer0N/A
Thoufiq KuttySVP and Chief Ethics & Compliance Officer0N/A

Description

Dollar Tree, Inc. operates discount variety retail stores. It operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, including candy and food, and health and personal care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise. As of January 29, 2022, this segment operated 8,061 stores under the Dollar Tree and Dollar Tree Canada brands, as well as 15 distribution centers in the United States and 2 distribution centers in Canada. The Family Dollar segment operates general merchandise retail discount stores that offer consumable merchandise, which comprise food and beverages, tobacco, health and personal care, household chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies; and home products, including housewares, home décor, and giftware, as well as domestics, such as comforters, sheets, and towels. It also provides apparel and accessories merchandise comprising clothing, fashion accessories, and shoes; and seasonal and electronics merchandise that include Christmas, Easter, Halloween, and Valentine's Day merchandise, as well as personal electronics, which comprise pre-paid cellular phones and services, stationery and school supplies, and toys. As of January 29, 2022, this segment operated 8,016 stores under the Family Dollar brand; and 11 distribution centers. The company was founded in 1986 and is based in Chesapeake, Virginia.