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Company Info and History:

Dollar Tree Stores, Inc. (NASDAQ: DLTR) is an American chain of retail stores headquartered in Chesapeake, Virginia. Every item sold in the stores is offered for either $1.00 or less, thus making it a true dollar store. As of July 29, 2006, Dollar Tree operates 3,156 stores in 48 states.

Dollar Tree traces its history back to 1953 when company founder K.R. Perry opened a Ben Franklin store. Along with Doug Perry, Macon Brock and Ray Compton he eventually turned the store into K&K 5&10, a five and dime. A number of additional K&K stores were opened. By the 1970s and 1980s, the chain came to concentrate on toys. In 1986, the company opened its first Dollar Tree store in Dalton, Georgia. By the early 1990s, the company decided to focus... more

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