DollarTree is a big chain of retail stores located all around USA, Canada and Mexico. This company was founded by Bob Levine who made it possible to give his clients high quality goods at affordable prices. Currently, the chain is owned by two business partners; Saad Mohseni who also owns Save-A-Lot grocery store and Kashif Khokhar who manages an online retailer party supplies and decorations - Birthday Express . Because of their honesty to customers, Dollar Tree is able to gain numerous loyal customers from around the world.
Dollar Tree has over 2,000 stores in USA alone and its main focus is to sell products at a low cost. Their most popular goods are party supplies, seasonal items for every holiday like Easter and Christmas as well as some other useful goods that will be instrumental in everyday life of their customers such as crafts supplies or household chemicals.
To get more information about this company, I have done a large investigation of my own and here's what I came up with:
As it was already mentioned above DollarTree sells goods at affordable prices so they can offer them to people from all social backgrounds - from clerks working in factories to office managers or school teachers. Because of their policy of fair pricing company is able to attract so many loyal customers and offers them a great variety of goods at very low prices.
Their stock policy
Dollar Tree is probably the only store that sells products from hundreds of other companies such as Hallmark, John Souza or Avery. So far they have managed to establish relationships with all those big companies which allowed them to sell their goods without any additional fees. This financial independence allows DollarTree to set a fair price for all their goods without being afraid of going out of business because of some competitors who would try to lower their prices making it impossible for them to compete with others due to exorbitant costs.
Nowadays, DollarTree has become one of the most visited retail stores in America where you can find pretty much everything you need. This chain has a slogan of 'Exciting Products For Every Day Low Prices' which shows the main idea of how this company operates - to offer great products at affordable prices and that's exactly what it does!
How do they manage to keep their prices so low?
I have researched this topic as well and found out that many experts are convinced they got those super-low prices for their goods from one simple reason: Dollar Tree don't offer any welfare programs or health insurance for their employees. Employees get paid minimum wage, but because they work in huge teams most of them can easily earn more than $8 per hour working overtime shifts. Don't be fooled by the price tag, some items may be really cheap, but in fact you are paying for them much more than you would pay at any other retailer.
And what about customers? How do they feel about the prices in this store?
As it was already mentioned above, DollarTree is very popular across America because of their fair prices. They even have a special section called "Hot Deals" where they put all products that were on sale for a certain period of time just to show people how well can they save money by shopping at this store! Also, employees at customer service desk will give you some nice discounts if you watch out for promotions or coupons.
So now you know everything about DollarTree and why it is so popular among Americans. I encourage everyone to visit one of their stores as soon as possible and see how great values they offer for a low price.
After you do that, please share your experience on this blog to help other people know more about this store!
Btw I'm working now at - another company selling party goods and decorations at affordable prices. You can check it out if you are interested in saving money!
At the beginning of 2010 Hallmark Cards purchased The Dollar Tree and becoming their parent now . Hope this will help them to compete with Wal-mart Stores Inc and Target Corp from retail industry . Siehe vollständige Bewertung