Dollar Giant Tree, Inc is an American multi-price-point chain of discount variety stores.
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18 Facts About Dollar Giant
2.
Dollar Giant Tree competes in the dollar store and low-end retail markets.
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3.
Brock and the co-founders of Dollar Giant Tree got the idea for the company from another retailer known as Everything's A Dollar Giant, which went bankrupt in the 1990s.
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4.
In 1996, Dollar Giant Tree acquired Dollar Giant Bill$, Inc, a Chicago-based chain of 136 stores.
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5.
In 1998, Dollar Giant Tree acquired 98-Cent Clearance Centers in California.
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6.
In 2000, Dollar Giant Tree acquired Dollar Giant Express, a Philadelphia-based company, and built a new distribution center in Stockton, California.
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7.
In 2003, Dollar Giant Tree acquired Salt Lake City, Utah-based Greenbacks, Inc, and opened a new distribution center in Marietta, Oklahoma.
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8.
In 2004, Dollar Giant Tree opened its first store in North Dakota which marked its operation of stores in all 48 contiguous states.
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9.
Dollar Giant opened new distribution centers in Joliet, Illinois, and Ridgefield, Washington.
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10.
In 2007, Dollar Giant Tree expanded its Briar Creek Distribution Center and crossed the $4 billion sales threshold.
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11.
In 2009, Dollar Giant Tree redesigned its website with a new e-commerce platform.
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12.
Dollar Giant Tree added customer ratings and reviews, and customer stories to the site.
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13.
In 2012, Dollar Giant Tree opened another 345 new stores and exceeded $7 billion in sales, with an end-of-the-year market cap at $9.
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14.
In January 2015, Dollar Giant Tree announced plans to divest 300 stores in order to appease US regulators scrutinizing its proposed takeover of Family Dollar Giant stores.
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15.
Dollar Giant Tree has opened and operated nearly 50 locations by the end of 2020, primarily in small towns with populations of just a few thousand people.
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16.
The Family Dollar Giant board had been analyzing potential antitrust issues that could arise from doing a deal with Dollar Giant General, since the start of the year a statement from CEO Howard Levine outlined.
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17.
At the time of the acquisition, Dollar Giant had about 85 retail outlets in the provinces of British Columbia, Alberta, Saskatchewan and Ontario.
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