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Does Walmart Own Dollar Tree? (2023 Updated)

does walmart own dollar tree

Have you ever noticed that Walmart and Dollar Tree appear to be quite similar? Both of these companies offer a wide range of products at discounted prices.

In fact, you are likely to notice that both stores proudly display many of the same items. This is likely to cause many people to believe that the two stores are actually owned by the same company. If this is true, then choosing to shop at only one of them could be a smarter shopping decision and save you some money.

If you are wondering, ‘does Walmart own Dollar Tree?’, then it’s time to find out…

The Owner Of Dollar Tree

This is a privately-traded retail chain that is famous for its discounts on a huge range of products. The company was founded in 1991 by K.R. Perry, and it was originally known as Only $1.00. The current CEO of the company is Mike Witynski, and the owner is the parent company, Dollar Tree, Inc.

This company is also the parent company of Family Dollar due to a take-over bid in 2014. The company outbid Dollar General to take control of this retail chain. This has allowed the company to keep its competitors to a minimum and have a major impact on the discount retail market. 

Continually expanding…

Today, there are more than 15,000 branches of the discount retailer throughout the United States and Canada. There are also plans to open more stores in the future and expand into other countries. While the company is focused on expanding, it is also committed to offering the lowest prices possible. 

Does Walmart Own Dollar Tree? – The Competition

Does Walmart Own Dollar Tree? – The Competition

These two stores share the same market and are technically in competition with each other. However, each company has worked hard to create a separate and distinctive identity. These separate identities are based on the fact that the two companies have different target audiences. 

The target shoppers for Walmart are Gen X caucasian women. These shoppers have a typical household income of $75,000. While these shoppers appreciate a good deal, they are also willing to pay slightly more for branded products.

DT shoppers have a lower income…

The target shoppers of Dollar Tree are those with a lower income. The typical annual income of these shoppers is around $25,000. Because these shoppers have less disposable income, they are less likely to purchase branded products. 

However, the target market may soon start to expand into millennial women with more disposable income. This is because the company is often featured on social media apps such as TikTok and Instagram. Users of these social media platforms have been sharing craft tips featuring the company’s budget DIY products. 

The Similarities And Differences

On the face of things, the two companies may seem quite similar. This is mainly because they offer budget goods at reduced prices. However, when you take a closer look. You will see that there are more differences than similarities. 

One of the main differences is the typical size of the stores of each company. Dollar Tree stores are quite small and range in size from 8,000 to 12,000 square feet. They can often be found in mini-malls, strip malls, and small shopping centers.

Walmart offers far more!

However, Walmart Supercenters are massive and cover an average of 180,000 square feet. These Supercenters tend to occupy their own plots of land and offer designated parking spots for customers. They also offer shoppers a wide range of additional services to take advantage of. 

Products They Have In Common 

Products They Have In Common

Because they both cater to the discount retail sector, both companies have a lot of types of products in common. However, it should be noted that the brands that the two companies offer are very different. There is also no cross-over in terms of the way products are selected or displayed.

The stores from both of these companies offer a wide selection of home goods and party supplies. As you wander the aisles, you will also find pantry staples, snacks, frozen and fresh food, and baby items. Other types of goods include beauty items, cleaning supplies, and items for the kitchen.

Generic vs. Name brands

The main difference is that Dollar tree mainly offers generic-label items to help customers save money. However, Walmart proudly carries all the major name brands as well as items from their own label. They also offer a huge selection of items for each product, while dollar Tree only offers a couple of choices. 

What Are The Walmart Subsidiaries?

This retail giant owns a large number of subsidiaries around the world. While each of these subsidiaries boasts its own name and logo, they are operated under the same concept. This is to offer shoppers plenty of variety while keeping prices as low as possible. 

While the company has dozens of subsidiaries, there are three, in particular, that stand out. 

Asda

Asda

This major subsidiary can be found throughout the United Kingdom. It was founded in 1949, and there are more than 600 branches. The company is famous for its huge stores, which are also branded as Supercenters.

Sam’s Club

This chain of retail warehouses can be found throughout North America and South America. The basic concept is that customers pay a small fee to be part of the club. They are then treated to huge savings that are not available to non-members.

Massmart

This major South African subsidiary operates in a large number of African and European countries. It is the second-largest distributor of consumer goods in the whole of Africa; Massmart is also the largest retailer of general merchandise, home improvement equipment, liquor, and wholesale foods on the continent.

Looking For A Job In Retail?

Firstly, if you’re curious to learn more facts about Walmart, check out which different Companies Owned by Walmart, or perhaps who are the Biggest Walmart Competitors, along with How Much Is Walmart Worth, for a very interesting read!

If you’re ready to apply, take a look at our in-depth guide to the Walmart Application as well as the most common Walmart Interview Questions and Walmart Cashier Interview Questions, or Does Walmart Hire Felons if you have a criminal record.

Secondly, you might prefer to take a look at our guide to the Dollar Tree Application, or depending on your age, How Old Do You Have To Be To Work At Dollar Tree. And before starting, find out How Much Does Dollar Tree Pay and Does Dollar Tree Pay Weekly for an insight into working hours and pay.

Does Walmart Own Dollar Tree? – Final Thoughts

Walmart is the largest retailer in the world and one of the world’s five largest corporations in terms of sales.

Both Walmart and Dollar Tree operate in the discount niche and offer a range of similar products. Therefore, it is not surprising that many people think that they have the same ownership. However, it is important to note that the two companies are individually owned and are technically competitors.

The main thing that sets them apart is that the two companies have very different target audiences. Most shoppers are loyal to one of the two companies, although there are people who choose to shop at both.

Good luck, and enjoy your shopping!

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