Does Walmart Own Dollar Tree In 2022? (Not What You Think)
Walmart’s current logo since 2008
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Walmart Home Office (headquarters) in December 2012
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| Formerly |
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| Type |
Public |
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ISIN |
US9311421039 |
| Industry |
Retail |
| Founded |
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| Founder |
Sam Walton |
| Headquarters |
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U.S.
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Number of locations
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 10,593 stores worldwide (January 31, 2022) [2] [3] |
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Area served
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Worldwide |
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Key people
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| Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
| Services | |
| Revenue |
US$ 559.2 billion (2020) [4] |
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US$22.55 billion (2020) [4] |
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US$13.70 billion (2020) [4] |
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Total assets |
US$252.5 billion (2020) [4] |
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Total equity |
US$87.53 billion (2020) [4] |
| Owner |
Walton family (50.85%) [5] |
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Number of employees
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
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Divisions |
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Subsidiaries |
List of subsidiaries |
| Website |
walmart.com |
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Footnotes / references [6] [7] [8] |
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Walmart’s diverse subsidiaries portfolio is quite impressive. However, you might not be surprised by some, while others seem to fit the brand.
Dollar Tree is another chain, with steeply discounted pricing – every item in the store costs $1. Walmart may own Dollar Tree, but it’s reasonable to wonder. You will find the answers below.
Does Walmart Own Dollar Tree In 2022?
Walmart doesn’t own Dollar Tree in 2022. Dollar Tree instead is an independent company which has bought numerous local and national rivals over the years including Family Dollar, Dollar Bill$ and Dollar Bill$. Walmart, however, has not owned Dollar Tree or plans to acquire it.
Who Owns Dollar Tree?
Dollar Tree is a publicly-traded steep-discount retail chain that is owned by the parent company Dollar Tree, Inc.
K.R. founded Dollar Tree in Norfolk, VA. Perry, and initially known as Only $1.00 from 1986 until 1993, Dollar Tree is currently led by CEO Mike Witynski, who previously served as COO.
Dollar Tree, Inc., has become the parent firm of Family Dollar, following its victory over Dollar General.
Dollar General placed a bid of $9.7 billion, against Dollar Tree’s $9.2 billion; however, the board of Family Dollar decided to proceed with Dollar Tree’s deal.
What products do Walmart and Dollar Tree both 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.
The stores also carry party and home supplies, snack items, freezer goods and pantry staples as well baby and kitchen items.
Walmart sells all of the top name brands along with its own private label goods. Dollar Tree only carries generic-label goods but occasionally carries name brands.
Walmart Supercenters seem to carry 100 products in their huge warehouse spaces. Dollar Tree only has one.
Walmart and Dollar Tree Stores Comparable?
Walmart and Dollar Tree stores are not very similar, in size or layout.
Dollar Tree stores can range in size from 8,000 to 12,000.
This contrasts sharply with Walmart Supercenters which have an average of 180,000 square feet.
Walmart stores require their own lot, while Dollar Trees work well in small shopping centers, strip malls, or minimalls.
However, you might find them both within reach as they each seek out high-traffic places.
Walmart’s related posts include information about Walmart’s ownership of Lowe’s, Walmart’s Walgreens, Walmart’s Home Depot, and whether Walmart controls Walgreens.
Walmart might have believed that Dollar Tree belonged to Walmart. It’s easy to see why. Dollar Tree isn’t the only retail giant with a business or legal relationship to Walmart.
Although technically the two companies are competitors in discounting, they have very different audiences and seem perfectly happy to keep their ways.
.Does Walmart Own Dollar Tree In 2022? (Not What You Think)