Dollar Tree Inc. is growing closer to reaching 10,000 namesake stores nationwide.
The discount retailer has opened its 9,000th Dollar Tree location with a new store in Plano, Texas. The new location features Dollar Tree’s latest store format, which aims to enhance the shopping experience and offer an expanded selection of products.
To celebrate the milestone, Dollar Tree is partnering with the Arbor Day Foundation to plant 9,000 trees in support of strategic reforestation efforts across eastern Texas, including within Davy Crockett National Forest and Sam Houston National Forest. Through this partnership, Arbor Day Foundation is helping to maximize Dollar Tree’s impact by providing “ecological benefits for future generations and restoring vulnerable ecosystems that help support the health of nearby communities.”
“Reaching 9,000 stores is a powerful indicator of the strength of our brand and the loyalty of our associates and customers,” said Mike Creedon, CEO of Dollar Tree Inc. “It’s also a testament to our profitable growth strategy, creating long-term value for our shareholders. And perhaps most importantly, every new Dollar Tree store helps us deliver on our promise to offer great value, convenience, and the ‘thrill of the hunt’ discovery for millions of families in North America.”
[READ MORE: Dollar Tree taps Walgreens veteran as new supply chain officer]
The store count milestone comes amid the pending transaction of Dollar Tree Inc.’s Family Dollar banner. In March, the company reached an agreement under which private-equity investors Brigade Capital Management and Macellum Capital Management will partner to acquire Family Dollar for $1 billion. Dollar Tree Inc. purchased Family Dollar for $8.5 billion in 2015.
As of Feb. 1, 2025, Dollar Tree Inc. operated 16,500 stores across 48 states and five Canadian provinces under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada.
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