Dollar Tree, Inc. (DLTR)

About Dollar Tree, Inc. (DLTR)

Company Description:

 

Dollar Tree, Inc. is a leading operator in the discount variety stores sector, known for its commitment to maintaining all items at the cost of $1 or less. The company operates through two segments: Dollar Tree and Family Dollar.

Dollar Tree, Inc. was founded in 1986 and is currently headquartered in Chesapeake, Virginia, United States. The brand is synonymous with affordable variety for everyday needs and has established itself as a household name in the discount retail segment.

 

Main Product(s):

 

Dollar Tree offers a diverse range of products including consumables, variety merchandise, and seasonal goods. Its stores are designed to make essential items affordable and accessible to a wide demographic.

 

Short History of Dollar Tree, Inc:

 

  • 1986 – Dollar Tree was founded. Initially, it was a part of K&K Toys.
  • 1991 – The first store named ‘Dollar Tree' opened in Dalton, Georgia.
  • 1995 – Dollar Tree went public.
  • 2015 – The company acquired Family Dollar, significantly expanding its reach and store count.
  • 2020 – Amid the COVID-19 pandemic, Dollar Tree played a critical role in providing affordable essentials to the public.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Richard W. DreilingExecutive Chairman & CEO973.97kN/A1953
Mr. Jeffrey A. Davis BS, EMBAChief Financial Officer753.85kN/A1963
Mr. Richard L. McNeelyChief Merchandising Officer1.7MN/A1959
Mr. Lawrence J. Gatta Jr.Chief Merchandising Officer of Family Dollar Banner1.24MN/A1961
Mr. H. Ray ComptonCo-Founder77.5kN/A1943
Mr. Michael C. Creedon Jr.Chief Operating OfficerN/AN/A1976
Mr. Aditya MaheshwariSenior VP & Chief Accounting OfficerN/AN/A1975
Mr. Robert AflatooniChief Information OfficerN/AN/AN/A
Mr. Robert Andrew LaFleurSenior Vice President of Investor RelationsN/AN/AN/A
Mr. Jonathan B. LeikenChief Legal Officer & SecretaryN/AN/A1972

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