REAL ESTATE

Dollar Tree hits important milestone

BY Marianne Wilson

Extreme value discounter Dollar Tree continues to expand its store network.

Dollar Tree is celebrating its 15,000th store opening this weekend with discounts and promotions at its Dollar Tree and Family Dollar stores, along with grand opening celebrations at select new stores across the country.

“We are excited to have reached this important milestone in our business and we continue to see the opportunity to grow our two strong banners, Dollar Tree and Family Dollar, into approximately 26,000 stores across North America,” stated Gary Philbin, president and CEO.

In related news, Dollar Tree has opened the doors to its 23rd distribution center, and another is on the way.  The centers will bolster Dollar Tree’s distribution network, which shipped and received more than 1.7 billion cases of merchandise in 2017.

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