Dollar Tree prepares to open in Kingston Plaza
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Dollar Tree prepares to open in Kingston Plaza. Dollar Tree, a discount retailer that sells most goods for $1.25 and up, will be the newest addition to the Kingston Plaza. The large storefront will take over a space vacated by Rainbow Shops, a discount clothing retailer. Though no official opening date has been announced, one can currently see shelves and other store infrastructure in the process of being set up. In preparation for its grand opening, the store is hiring. Dollar Tree started in 1986 as "Only $1.00," grew into a nationwide discount chain headquartered in Chesapeake, Virginia, and operates as Dollar Tree, Inc., a publicly traded company owned by its shareholders. In fiscal 2024, Dollar Tree reported about $30.8 billion in revenue and currently operates more than 9,200 stores across the U.S. and Canada. The company has faced criticism and regulatory scrutiny tied to store safety, poor working conditions and price accuracy at checkout, but remains popular with many shoppers on a budget.
