Where Will Dollar Tree Be in 5 Years?

Many retailers are reporting spikes in consumer spending this year related to COVID-19, and Dollar Tree (NASDAQ: DLTR) is no exception. Effects from the pandemic have renewed demand for inexpensive basic household items, even helping the struggling Family Dollar stores that Dollar Tree acquired in 2015. Dollar Tree had just shy of 15,500 stores as of Aug. 1 with new locations opened under the Dollar Tree banner bringing the split with Family Dollar stores close to 50/50.