Dollar General and Dollar Tree are the two largest dollar stores in the United States and based on numbers alone, the two chains are almost identical. Dollar Tree – and its newly acquired Family Dollar chain – have slightly more locations than Dollar General, but both have about 14,000 to 15,000 .
The major difference between Dollar General and Dollar Tree is that Dollar Tree is a true dollar store, while Dollar General (once a dollar store) offers deep discounts on its merch. In either case, you can still get some great bargains, and make your money stretch even farther no matter which store you choose to shop at.
While I was writing we ran into the question “Are dollar general and dollar tree the same?”.
Dollar Tree – and its newly acquired Family Dollar chain – have slightly more locations than Dollar General, but both have about 14,000 to 15,000. First and foremost, Dollar Tree sells only products that are $1 or under, whereas Dollar General, which once did the same , is now more like a discount retailer.
While we were reading we ran into the inquiry “Is there a difference between Dollar Tree and Dollar General?”.
Dollar Tree is an actual dollar store, but Dollar General is not . Even though Dollar General has the word “dollar” in its name, everything in the store doesn’t go for a buck; their merchandise is just low priced. Family Dollar is another chain that sells items for over a dollar.
Is Dollar Tree better than Dollar General?
The verdict: Dollar General was leaps and bounds ahead of Dollar Tree in terms of the shopping experience and quality of products. It felt as if Dollar Tree were relying on the fact that its low prices would always draw customers in, and while this may be true, Dollar General definitely seemed like a bigger threat to stores like Walmart.
There are two main companies operating in this space: Dollar Tree [NASDAQ: DLTR] and Dollar General [NYSE: DG]. Their names are very close, but they have very different approaches . Dollar Tree has stores that sell everything for $1. Its goods are cheap and cheerful. Candy and toys are a top seller.
What is the difference between Dollar General and Family Dollar?
Even though Dollar General has the word “dollar” in its name, everything in the store doesn’t go for a buck; their merchandise is just low priced . Family Dollar is another chain that has the word “dollar” in its name but sells items for more than a buck.
While Dollar General isn’t strictly a dollar store , prices are generally 20% to 40% lower than at traditional grocery and drug stores, according to a report by the credit-rating company Moody’s. The company’s target shopper comes from a household making $ 40,000 or less a year.
What is the difference between Family Dollar and Dollar Tree?
As a result, Family Dollar is more exposed to competition from Walmart and other lower-end retailers than the Dollar Tree chain. Dollar General isn’t a “true” dollar store like Dollar Tree, but it also generally sells products at lower prices than Family Dollar.
That’s right, despite the name, not all dollar stores sell every item in the store for just a dollar or less. Dollar Tree is an actual dollar store (for the most part). The company recently announced it will sell items in certain locations for more than its typical $1 price .
How did Dollar Tree’s sales grow in Q3?
Both Dollar Tree and Dollar General are boosting their sales growth with new store openings . Dollar Tree finished the third quarter with 15,187 stores, representing 3% growth from a year earlier. Dollar General’s store count rose 6.3% over the same period to 15,277 stores.