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’s diverse subsidiaries portfolio is quite impressive. However, you might not be surprised by some, while others seem to fit the brand.

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. Here is the answer you seek below.

Is Walmart going to have a Dollar Tree in 2022?

As of 2022, Dollar Tree is not owned by Walmart. Dollar Tree, a company owned by itself, has purchased numerous regional and national competitors, such as Family Dollar and Dollar Bill$, over the years. Additionally, Walmart has never owned Dollar Tree and has no plans to acquire the business.

Which Dollar Tree is Yours?

Dollar Tree, Inc. owns the publicly traded retail chain Dollar Tree, which offers steep discount prices.

K.R. founded Dollar Tree in Norfolk, VA. Perry. Dollar Tree, originally called Only $1.00, was founded in Norfolk, VA by K.R.

Dollar Tree, Inc., is the parent company to Family Dollar, having defeated Dollar General in 2014.

Dollar General submitted a bid for $9.7billion to Dollar Tree, which was $9.2billion. Family Dollar, however, decided that Dollar Tree would be the best offer.

Walmart and Dollar Tree: Are they competitors?

Walmart and Dollar Tree compete for shares of the same market, though the two stores know who their target audience is.

A Gen X white woman with a household of approximately $75,000. is the most popular type of Walmart shopper.

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.

That segment, bolstered by social media apps like Instagram and TikTok, flocks to Dollar Tree for their low price-points on DIY-friendly goods.

Although you could make craft like these using Walmart products, Dollar Tree is a great alternative to Walmart since everything costs only $1.

What Items Do Both Walmart And Dollar Tree Sell?

Walmart and Dollar Tree merchandise have some commonalities, however, it is only for item types.

The stores also carry party and home supplies, snack items, freezer goods and pantry staples as well baby and kitchen items.

Walmart, however, carries the most popular name brands as well as private-label products. Dollar Tree, on the other hand, carries generic-label items and occasionally name brands.

Walmart Supercenters have a huge warehouse feel and can carry almost 100 types of any product. Dollar Tree has only 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 can have stores as small as 8 000 square feet, or larger than 12,000.

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

Walmart stores require their own lot, while Dollar Trees work well in small shopping centers, strip malls, or minimalls.

Because they seek high traffic locations, it is not unusual to see them within close proximity.

If you want to know more about Walmart, you can also see our related posts on whether or not Walmart owns Lowe’s, if Walmart owns Walgreens, and if Walmart owns Home Depot.

If you thought Walmart owned Dollar Tree it’s not difficult to see why, but the largest retail chain in the world does not have any official, legal or business connection to Dollar Tree.

Though technically they may be competitors in the discount space, each has very different target markets and seems content to stick to their guns.

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