Walmart

Does Walmart Own Dollar Tree

Does Walmart Own Dollar Tree In 2022? (Not What You Think)

Walmart Inc.
Formerly
  • Wal-Mart Discount City (1962–1969)
  • Wal-Mart, Inc. (1969–1970)
  • Wal–Mart Stores, Inc. (1970–2018)
Type
Public

ISIN


US9311421039

Industry
Retail
Founded
Founder
Sam Walton
Headquarters

,

U.S.
Number of locations
Increase
10,593 stores worldwide (January 31, 2022)


[2]




[3]

Area served
Worldwide
Key people
Products
Supermarket

,

Hypermarket

,

Superstore

,

Convenience shop
Services
Revenue Increase


US$

559.2 billion

(2020)


[4]

Increase

US$22.55 billion

(2020)


[4]

Increase

US$13.70 billion

(2020)


[4]



Total assets

Increase

US$252.5 billion

(2020)


[4]



Total equity

Increase

US$87.53 billion

(2020)


[4]

Owner
Walton family

(50.85%)


[5]

Number of employees
2,300,000 (Jan. 2021)


[4]



U.S.: 1,600,000

Divisions

Subsidiaries

List of subsidiaries
Website

walmart.com


Footnotes / references




[6]




[7]




[8]

Walmart has a variety of subsidiaries. Some might be surprising to you but some are more on-brand.

Dollar Tree, another chain that offers steeply discounted prices is also available – all items in Dollar Tree are $1. Walmart may own Dollar Tree, but it’s reasonable to wonder. The answer is below.

Does Walmart Own Dollar Tree In 2022? (Not What You Think)

Does Walmart Own Dollar Tree In 2022?

Walmart has not purchased Dollar Tree since 2022. Instead, Dollar Tree is a self-owned company that itself has acquired numerous national and regional competitors over the years, including Family Dollar and Dollar Bill$. Walmart does not plan to purchase Dollar Tree, and it has never purchased Dollar Tree.

  • Read on for information regarding the Dollar Tree ownership. Find out if Walmart and Dollar Tree can compete and what kind of items you might find at Dollar Tree.
  • Which Dollar Tree is Yours?

    Dollar Tree is a publicly-traded steep-discount retail chain that is owned by the parent company Dollar Tree, Inc.

    K.R. Perry. Dollar Tree was first known as $1.00 only from 1986 to 1993. Dollar Tree is now headed by Mike Witynski who also served as the COO.

    Dollar Tree, Inc., the parent company for Family Dollar, has been able to defeat Dollar General, its competitor, in 2014.

    Dollar General made a $9.7 billion bid against Dollar Tree’s $9.2 million; but, Family Dollar’s board opted to go ahead with Dollar Tree’s offer.

    Does Walmart Own Dollar Tree In 2022? (Not What You Think)

    Walmart and Dollar Tree can be competitors

    Walmart and Dollar Tree fight for shares in the same market. Yet, both stores are aware of their target audiences.

    The most common type of Walmart shopper, for example, is a Gen X white woman, with a household income of around $75,000.

    Dollar Tree’s target market is low-income. Less than half their customers earn less than $25,000.

    I would argue, however, that Dollar Tree is seeing or will shortly start to see a burgeoning Millennial-woman-with-disposable-income market.

    The segment has been boosted by social media platforms like Instagram and TikTok. Dollar Tree is known for its low-priced DIY-friendly items.

  • You can see examples in this video or this one.
  • Although you could make craft like these using Walmart products, Dollar Tree is a great alternative to Walmart since everything costs only $1.

    What Items Do Both Walmart And Dollar Tree Sell?

    Although there is some overlap between Walmart products and Dollar Tree products it’s mainly in the product types. Not brand selections or brands.

    Both stores sell home goods and party supplies as well as snacks, pantry staples, fridge/freezer products, baby goods, kitchen equipment, cleaning materials, and beauty supplies.

    Walmart stocks all major brands and its private-label merchandise, while Dollar Tree sells mostly generic-label, occasional-name brands.

    Walmart Supercenters are known for carrying 100 different types of products, while Dollar Tree will have only a few.

    Does Walmart Own Dollar Tree In 2022? (Not What You Think)

    See also  How To Pass Walmart Assessment
    Ethan L is a 32-year-old man with a passion for science and technology. He grew up in a small town in the Midwest and always had a fascination with how things worked. He excelled in math and science in high school and went on to earn a degree in computer…

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