Presentation is loading. Please wait.

Presentation is loading. Please wait.

By: Lexin Zhou Chad Phillips Xiaole (Seven) Shi. History Opened in 1953 in Norfolk, Virginia. Originally named K&K 5&10. Headquarters now in Chesapeake,

Similar presentations


Presentation on theme: "By: Lexin Zhou Chad Phillips Xiaole (Seven) Shi. History Opened in 1953 in Norfolk, Virginia. Originally named K&K 5&10. Headquarters now in Chesapeake,"— Presentation transcript:

1 By: Lexin Zhou Chad Phillips Xiaole (Seven) Shi

2 History Opened in 1953 in Norfolk, Virginia. Originally named K&K 5&10. Headquarters now in Chesapeake, Virginia. In 1993 the store name changed to the Dollar Tree. The Dollar Tree went public in 1995 starting at $15/share.

3 “A Dollar at a Time.” Stock Price now at $54.32/share. (As of 01/20/2014) Over $7 Billion in Retail Sales in 2012. Dollar Tree is constantly growing – 11.3% sales growth from 2011. – 6.6% growth in number of stores. – 4531 Stores

4 Strengths A wide range of merchandise Fixed price of One dollar. Online store, dollartree.com (Free shipping to store) 9 distribution centers (can support $8 billion in sales, and 95% goods through distribution centers to stores)

5 Weakness Shopping environment Customer service QUALITY

6 Quality Recalls 1.Salsa jars with broken glass inside them 2.Hot melt mini glue guns, which could short circuit and cause burns 3.Candle sets, which could produce excessive flame Seven`s experience

7 Opportunities Expansion and growth geographically Format innovation Private label Developing the international market Acquisition of smaller retail chains Through advertising and customer focused services to find more opportunity

8 Threats Wal-Mart expansion Growing too fast might challenge ability to maintain their uniqueness Managing increasing regional variations High crude oil prices impacting raw material

9 References http://jeffersoncity.legalexaminer.com/defective- dangerous-products/dollar-tree-stores-is- recalling-mini-glue-guns-due-to-fire-burn-and- shock-hazards/ http://jeffersoncity.legalexaminer.com/defective- dangerous-products/dollar-tree-stores-is- recalling-mini-glue-guns-due-to-fire-burn-and- shock-hazards/ http://www.huffingtonpost.com/2013/07/24/doll ar-tree-salsa-recall_n_3644630.html http://www.huffingtonpost.com/2013/07/24/doll ar-tree-salsa-recall_n_3644630.html http://www.momlogic.com/2008/06/glue_guns_ recalled.php http://www.cpsc.gov/en/Recalls/2004/CPSC- Dollar-Tree-Stores-Inc-Announce-Recall-of- Candle-Sets-/ http://www.cpsc.gov/en/Recalls/2004/CPSC- Dollar-Tree-Stores-Inc-Announce-Recall-of- Candle-Sets-/


Download ppt "By: Lexin Zhou Chad Phillips Xiaole (Seven) Shi. History Opened in 1953 in Norfolk, Virginia. Originally named K&K 5&10. Headquarters now in Chesapeake,"

Similar presentations


Ads by Google