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.
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.
Is Dollar Tree the same as Dollar General?
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, 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.
The next thing we wanted the answer to was: are Dollar Tree and Dollar General the same company?
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.
Which is better dollar tree or dollar general?
Dollar Tree was an overall cheaper experience, from the actual prices to the quality of shopping. Dollar General was a welcome reprieve from the mayhem of Dollar Tree. And though not all of the items there went for $1, Dollar General was the better store by a longshot .
What is the difference between Family Dollar and Dollar General?
Dollar General isn’t a “true” dollar store like Dollar Tree, but it also generally sells products at lower prices than Family Dollar. Dollar General opens most of its stores in rural areas, which typically aren’t saturated by other lower-end retailers.
Here is what my research found. 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.
What are the terms of the merger between Dollar Tree and Family Dollar?
Under the terms of the merger agreement first announced and unanimously approved by each company’s Board of Directors in July 2014, Family Dollar shareholders are entitled to receive $59.60 in cash and 0.2484 of a share of Dollar Tree common stock for each share of Family Dollar common stock.
Does Dollar Tree own Family Dollar Stores?
CHESAPEAKE, Va. – July 6, 2015 – Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores selling everything for $1 or less , announced today that it has completed the acquisition of Family Dollar Stores, Inc, a leading national discount retailer offering name brands and quality, private brand merchandise.
This isn’t totally new for Dollar Tree, though; they’ve tested “Dollar Tree Plus” sections at several hundred of its stores, where they sell items that could have a $5 price tag . 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.