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DOLLAR TREE STORES INC. Chesapeake, Virginia; Retail Chain Grows The Rocky Mountain Way.(THE NEW AMERICA)
Byline: MARILYN MUCH
Dollar Tree Stores Inc. is no stranger to acquisitions, having made a handful the past several years to put it on both U.S. coasts.
But the single-price retailer didn't achieve true national status until June, when it dished out $100 million for Greenbacks Inc.
Greenbacks, which runs 100 single-price stores in 10 Rocky Mountain states, gives Dollar Tree a presence in 47 of the 48 continental states, up from 41 before the buy.
It also gives Dollar Tree an expandable 252,000 square foot distribution center.
"This is a significant acquisition because its enables Dollar Tree to fill in geographic holes in Rocky Mountain states at a price that's quite reasonable," said analyst Mark Mandel of Blaylock & Partners L.P.
Now that Dollar Tree has a stake in almost every U.S. state, the company's next purchase might be a long time coming. If ever.
- Dollar Tree Stores, Inc. Signs Merger Agreement With Dollar Express, Inc....
- Press release article from: Business Wire April 5, 2000 700+ words
...strategic fit for Dollar Tree because of Dollar Express's significant...agreement, Dollar Tree will issue...shares for Dollar Express outstanding...opportunity for Dollar Express to continue...a part of Dollar Tree Stores...
- Dollar Tree Stores, Inc. Completes Acquisition of Dollar Express, Inc.
- Press release article from: Business Wire May 5, 2000 700+ words
...acquisition of Philadelphia-based Dollar Express, Inc. Dollar Tree estimates the Dollar Express merger and integration costs will...escrow for one year to secure Dollar Express's obligations to Dollar Tree. The stock-for-stock transaction...
- Dollar Tree Stores Chose Oklahoma for Location, Right-to-Work Law.
- Newspaper article from: The Daily Oklahoman (Oklahoma City, Oklahoma) (via Knight-Ridder/Tribune Business News) February 15, 2002 700+ words
...center initially will serve Dollar Tree stores in Oklahoma, Texas...Norman and Denton, Texas. Dollar Tree stores are discount-variety...s 1,950 stores operate as Dollar Tree, Dollar Express, Dollar Bills, Only One Dollar...
- Distribution Site for Dollar Tree Stores Inc. Considered in Southern Oklahoma.
- Newspaper article from: Knight Ridder/Tribune Business News January 13, 2002 700+ words
...White told the Dallas paper that Dollar Tree is "building a distribution...makes strategic sense for us." Dollar Tree stores are discount-variety...s 1,950 stores operate as Dollar Tree, Dollar Express, Dollar Bills, Only One Dollar...
- Dollar Tree Stores to Build Distribution Center in Oklahoma.
- Newspaper article from: Knight Ridder/Tribune Business News February 14, 2002 700+ words
...The Dallas paper reported that Dollar Tree aims to open a center in early 2003. Dollar Tree stores are discount-variety...s 1,950 stores operate as Dollar Tree, Dollar Express, Dollar Bills, Only One Dollar...
- Dollar Tree Reports Second Quarter Earnings of $0.22 Per Share, Excluding...
- Press release article from: Business Wire July 19, 2000 700+ words
...combined operations of Dollar Tree and Dollar Express, Inc. The merger...the merger between Dollar Tree and Dollar Express and results of operations...SECOND QUARTER 2000 Dollar Tree $341,833 $23,718 Dollar Express 42,670 951...
- Dollar Tree Reports Earnings Of $0.22 Per Share For The First Quarter Of 2000.
- Press release article from: Business Wire April 25, 2000 700+ words
...integration plan with Dollar Express and expect to consummate...next few weeks." Dollar Tree Stores, Inc. is...March 31, 2000, Dollar Tree operates 1,434...the merger between Dollar Tree and Dollar Express and net sales for...
- Dollar Tree 'up to challenge' of weak economy.(Annual Report)
- Magazine article from: MMR May 5, 2008 700+ words
...Sasser. He also pointed out Dollar Tree's priorities for fiscal...challenge," Sasser said. DOLLAR TREE FINANCIAL RESULTS (2/2...COUNT: 3,219 BANNERS: Dollar Tree, Dollar Bill$ Dollar Express, Deal$ RANK 4 in sales...
