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Dollar Tree Corporate Office

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Dollar Tree Corporate Office Address

Dollar Tree, Inc.
500 Volvo Pkwy
Chesapeake, Virginia 23320

Contact Dollar Tree

Phone Number: (757) 321-5000
Fax Number: (757) 321-5292
Website: http://www.dollartree.com
Email: Email Dollar Tree

Dollar Tree Facts

Founder: R. K. Perry
Date Founded: 1953
Founding Location: Norfolk, Virginia
Number of Employees: 57200

Dollar Tree Executives

CEO: Gary M. Philbin
CFO: Kevin S. Wampler
COO: Bob Sasser

Dollar Tree History

Dollar tree sign

Dollar Tree began in 1953 when K.R. Perry opened a Ben Franklin store in Norfolk, Virginia.  The store was later renamed to K&K 5&10 and then to K&K Toys.

In 1986, the company opened a new dollar store concept called Only $1.00 in Dalton, Georgia.  The concept was so successful that 5 more locations were opened that same year.

In 1991, K&K Toys division was sold to KB Toys so the company could focus on Only $1.00.

In 1993, the company name was changed to Dollar Tree Stores, Inc.

Dollar Tree store front

In 1995, the company went public.

In 1996, the company acquires 136 Dollar Bills stores.  In 2000, Dollar Express is acquired.

In 2006, the 3000th Dollar Tree location opens.

Dollar tree store front 2

In 2010, the 4000th Dollar Tree opens.

In 2012, the company began accepting manufacturer’s coupons.

In late 2018, Dollar Tree acquired Family Dollar stores for $8.5 billion. Many Family Dollar stores are being rebranded.

In April of 2019, Dollar  Tree announced that it would close more than 390 Family Dollar locations, but will expand or renovate 400 other locations.

In March of 2020, many retail stores had to close due to the coronavirus outbreak, costing them millions. Dollar Tree was one exception, with people buying everything from toilet paper to alcohol. 

Headquarters for Dollar Tree are located in Chesapeake, Virginia.

Dollar tree sign at night

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