Does Walmart Own Dollar Tree In 2022? (Not What You Think)

Walmart Inc.

Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas [1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) [2] [3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) [4]
Operating income	US$22.55 billion (2020) [4]
Net income	US$13.70 billion (2020) [4]
Total assets	US$252.5 billion (2020) [4]
Total equity	US$87.53 billion (2020) [4]
Owner	Walton family (50.85%) [5]
Number of employees	2,300,000 (Jan. 2021) [4] U.S.: 1,600,000
Divisions	Walmart U.S. Walmart International Sam’s Club Global eCommerce
Subsidiaries	List of subsidiaries
Website	walmart.com
Footnotes / references [6] [7] [8]

Walmart is home to a wide range of subsidiaries.

Dollar Tree, another chain that offers steeply discounted prices is also available – all items in Dollar Tree are $1. Walmart is not likely to own Dollar Tree. Below is the information you need.

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 also has no plans or has ever owned Dollar Tree.

What is the Dollar Tree Worth?

Dollar Tree, Inc. is the parent company of Dollar Tree, Inc., a public-traded retail chain offering steep discounts.

K.R. Perry. Dollar Tree was originally known as “Only $1.00” from 1986 to 1993. Dollar Tree’s current CEO is Mike Witynski. He previously held the position of COO.

Dollar Tree, Inc., the parent company for Family Dollar, has been able to defeat Dollar General, its competitor, in 2014.

Dollar General put in a bid at $9.7 billion against Dollar Tree at $9.2 billion. Family Dollar however decided to continue with Dollar Tree.

Walmart and Dollar Tree can be competitors

Walmart and Dollar Tree fight for shares in the same market. Yet, both stores are aware of their target audiences.

For example, the most frequent Walmart shopper is a Gen X white female with a household income around $75,000.

Dollar Tree targets a lower income audience; less than half the customers are below $25,000.

I would argue, however, that Dollar Tree is seeing or will shortly start to see a burgeoning Millennial-woman-with-disposable-income market.

This group is supported by social media apps, such as Instagram or TikTok. Dollar Tree sells DIY-friendly, low-priced goods at a lower price point.

Dollar Tree can be used to make crafts such as the ones I showed using Walmart materials, however it is much more cost-effective than Walmart. Every item costs less than $1.

How do Walmart and Dollar Tree sell these items?

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.

However, Walmart carries all the major name brands, as well as its own private-label goods, while Dollar Tree carries mostly generic-label goods and occasional name brands.

Walmart Supercenters with huge warehouse-style areas seem to have 100 options for every product while Dollar Tree may only offer one or two.

Walmart and Dollar Tree Stores Are Similar?

Walmart and Dollar Tree shops aren’t very alike in their layout or size.

Dollar Tree’s stores are typically between 8,000 and 12,000.

This contrasts with Walmart Supercenters that average 180,000 sq. feet.

Walmart stores usually need their own piece of land. Dollar Trees are able to fit into smaller shopping malls like mini-malls or strip malls.

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 may have thought that Dollar Tree was owned by Walmart, and it is easy to understand why. However, the second-largest retail chain worldwide has no official, legal, or business relationship with Dollar Tree.

Although the discount niche is dominated by the same two, their target audiences are very different. Both seem happy to continue to follow their paths.

.Does Walmart Own Dollar Tree In 2022? (Not What You Think)