Does Dollar Tree own the Deals dollar store chain?


Quick Answer

Dollar Tree purchased the Deals dollar store chain in 2006. The 138 Deals stored were previously operated under the Deal$ banner and were a subsidiary of SuperValu, which had itself acquired the discount variety store chain in 2003.

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Full Answer

Dollar Tree paid roughly $30.5 million to acquire the Deals brand and assets. Since then, Dollar Tree has grown the number of Deals outlets to just under 200, as of 2015, and has maintained Deals as a standalone brand. Other companies acquired by Dollar Tree include Dollar Bill$, 98-Cent Clearance Centres, Only $One, Dollar Express and Greenbacks. Dollar Tree also began the process to acquire Family Dollar in 2015, at a cost of $9.2 billion, leaving Dollar General and 99 Cents Only as the company's major competitors.

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