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Dollar Tree Branches Out

CHESAPEAKE, VA -The discounter could boast up to 7,000 new stores in the coming year.

By Debra Hazel | Updated on November 25, 2009

CHESAPEAKE, VA-With its 2009 expansion plans completed, Dollar Tree is looking at expanding up to 7,000 stores, with further growth expected for its Deal$ division, executives said at the company’s third-quarter conference call.

The company opened 240 Dollar Tree and 19 Deal$ stores in fiscal 2009. While the company did not announce specific numbers for 2010, expanding Deal$, which sells discounted items at multiple price points, said President and CEO Bob Sasser.

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