Retail Project

Climbing from $146.9 million in 2007 to $528.8 million in 2013, the net cash provided by operating activities has almost tripled and reached a CAGR of 23.79%.

Dollar Tree is now the largest U.S. Discount chain, due to its recent acquisition of its rival, Family Dollar in 2015 (Much, 2016). To maintain its position and remain successful, Dollar Tree “needs to get a better performance from its Family Dollar Store outlets, which were struggling prior to the merger" (Much, 2016, para. 2). Merging with Family Dollar now enhances Dollar Tree’s range of customers, new markets, market shares, financial performance, and improve growth prospects (Much, 2016). Additionally, this acquisition anticipates generating significant synergy opportunities and free cash flow to pay off debts (Guiler, 2015, para. 13 & 14).

The Canadian business comparison report comprises of the companies details and also the comparison between a Canadian local business and Indian local business. For this report I have chosen Canada’s Dollarama and India’s D-Mart as both company have same target market. Dollarama is Canada’s leading dollar store with 900 locations across Canada. Larry Rossy, a third generation retailer, founded the company in 1992. The first Dollarama store opened in April 1992, in a shopping center "Les promenades du St-Laurent" in Matane, Quebec. The products sold are in single or multiple pieces at selected price point of not more than $3. The company aims to provide customers with a consistent

If we analyze Dollar Store, we will see that it has established over 140 stores across Canada since its inception in 1998. As it has been considerably increasing its market reach across Canada; they are considered a direct competitor to Dollarama. On the other hand, Great Canadian Dollar stores are extending their reach in eastern Canada. Additionally, they are very present in the community by offering both charitable and communal support. At last, Dollar Tree is a growing chain of discounted retail stores in the United States. It operates over 4400 retail stores in 48 states of the US and in Canada. Thus, they are ready to expand their customer base into Canada. Also, Dollar Tree offers a much broader range of products compared to Dollarama, for example frozen foods and dairy items. As such, there is a very high competition in the discounted retail stores industry. However, in such a high competitive environment, Dollarama is still able to open over 150 stores in the past four years only. Also, considering their stock trend, their share price had increased from 25$ to 56.90$ per share in only one year. That represents a growth of 128% in a single year. We can conclude that their shares are in demand in our current market environment. Thus, we can assess that they are very well positioned in today’s competitive environment.

The Dollar Tree made a humble beginning with just 5 stores in 1986 under the name Only $1.00. From there, it became the USD 9.13 billion

The 410 Lane Street location in Moultrie, where I performed my internship, opened in the winter of 2000, and it is located across the street from Chick-fil-A. Originally, the branch was located in the building occupied by the Old Mexico restaurant,

Dollar General was founded in Scottsville, Kentucky in 1939 and was originally called J.L. Turner and Son Wholesale, then Turner’s Department Store, and then in 1955 it was converted to Dollar General and did not sell any item over $1. Dollar General was the originator of the dollar store concept and in 1968 it became a publicly traded company. “Dollar General is a Fortune 500® company and the leader in the dollar store segment, with more than 8,000 stores and $9.2 billion in fiscal 2006 sales” (www.dollargeneral.com). Dollar General is in the discount retail store industry and focuses on cost leadership. Its direct competitors are Family Dollar Stores, Fred’s Inc., and Dollar Tree. In this industry, maintaining low costs are crucial to generating profits, since the merchandise is already being sold at a discount and there is such high

• The balance in Prepaid Rent relates to the 12 month period from 1 January 2014 to 31 December 2014. • An ageing analysis shows that $4,000 of Accounts Receivable is estimated to be uncollectible. • On 30 June 2014, the directors declared a dividend of $5,000, which the shareholders authorised. The dividend is to be paid on 15 September 2014.

Dollar Tree is a national brand chain of discount stores selling every item for $1.00. Founded by K.R. Perry in 1953 known as Ben Franklin later renamed to 5& 10. However, in 1993 owners Macon Brock, Doug Perry, and Ray Compton renamed the store to Dollar Tree Stores (DollarTree.com). Listed as a Fortune 200 company, The Dollar Tree is headquartered in Chesapeake, Virginia and operates over 14,000 stores throughout the United States. It supports its stores by utilizing a nationwide logistics network of nine distribution centers located throughout the U.S.

According to their website, Dollar Tree stores date about 60 years ago (DollarTree, web). In 2009, after years of trading and development, Dollar Tree launched their website with an integrated e-commerce platform. Today their website i.e. DollarTree.com, sells their merchandise in larger quantities to small

The Dollar Tree Cooperation provides inbound, import, domestic transportation and outbound transportation services to 48 locations in the United States and five locations in Canada (Dollar Tree Inc., 2014). Using 10 distribution centers, the Dollar Tree is

The Dollar Tree brand of stores has been around since 1986, when Douglas Perry, Macon Brock, and Ray Compton founded the chain as a compliment to their other business, K & K Toys (Parnell, 2014). Through the years, Dollar Tree has acquired several different dollar store and low-end retail chains to grow their business to over 4000 stores (Shetty, 2010). One of the first and most strategic moves that the company made was to shift away from carrying closeout merchandise and to become more of a traditional variety store with a wide variety of basic goods all priced at a dollar or less. To accomplish this change, the chain had to discontinue their current purchasing strategies and had to begin buying directly from manufacturers to change the type of merchandise that they had available for consumers. The second major strategic move involved changing the location of where stores are usually located. Up until this point, the stores had been being in enclosed malls. With this change,

The Dollar General is an American wholesale company that was first initiated in Scottsville, Tennessee by Turner and Cal Turner. Its headquarters are located in Goodlettsville, Tennessee. The mission statement of the Dollar General is "Serving Others." This mission statement helps to bring out the innate requests and intentions of the company in the United States of America and other countries in the world. The company has a vision that describes how it manages to cater for four different types of people. These four groups of people include the customers, the community, employees, and shareholders. Within these categories of people, Dollar General aspires to serve others through deliver of price quality and terrific prices for customers, opportunity, and respect for employees, a superior return for shareholders and a better life for the communities.

The article makes it clear that Walmart intend their strategy to be two-pronged, ‘stores in small towns that aren’t big enough to support a full-sized Walmart, and stores in big cities where building a whole super centre is impractical.’ This is a way of expanding the Walmart brand in areas where it is unreasonable to have super centres. They are trying to make Walmart accessible for everyone so consumers don’t have to drive to the nearest superstore. The article mentions that ‘the average round trip to a dollar store is six miles, compared with thirty miles for a typical Walmart trip.’ This is too far for most consumers especially when were in an era of high gas prices. Dollar stores will have an advantage over the superstores

Dollar general have a certain chain of management starting at the top in the headquarters department located in Goodlettsville Tennessee.