| Dollar Tree |
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| CATEGORIES ABOUT DOLLAR TREE | |
| chesapeake, virginia | |
| companies listed on nasdaq | |
| retail companies of the united states | |
| companies established in 1953 | |
| variety stores | |
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Dollar Tree traces its history back to 1953 when company founder K.R. Perry opened a Ben Franklin store. Along with Doug Perry, Macon Brock and Ray Compton he eventually turned the store into K&K 5&10, a Five And Dime . A number of additional K&K stores were opened. By the 1970s and 1980s , the chain came to concentrate on toys. In 1986 , the company opened its first Dollar Tree store in Dalton, Georgia . By the early 1990s , the company decided to focus exclusively on the Dollar Tree line. The chain sold the K&K stores to KB Toys . The company came to be known as Dollar Tree Stores, and by 1995 was traded on NASDAQ. Since that time the company has focused on expanding its presence nationwide. In 2004 , Dollar Tree bought Greenbacks All-A-Dollar stores. Dollar Tree competes in the Dollar Store and low-end retail markets with the national chains Family Dollar and Dollar General together with regional chains such as Fred's in the southeast and many independent dollar stores nationwide. EXTERNAL LINK |
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