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39-700: After Fairlane Green opened in Allen Park in 2005, the Lincoln Park Shopping Center would lose many of its tenants to the newer complex, while losing others to retailer bankruptcies during the Great Recession and the retail apocalypse , which culminated in Sears' closure in 2019. The city of Lincoln Park already had a large-scale strip development within its boundaries, Lincoln Park Plaza, which opened in 1955 at Fort Street and Emmons Boulevard. However, it

78-598: A Chicago -based chain of 136 stores. In 1997, the company opened its first distribution center and its new store support center, both located in Chesapeake, Virginia . In 1999, Dollar Tree acquired Only $ One stores based in New York . That same year, the company opened its second distribution center in Olive Branch, Mississippi . In 2000, Dollar Tree acquired Dollar Express , a Philadelphia -based company, and also built

117-446: A Kresge dime store and a Cunningham drug store. In 1958, WXYZ radio erected a remote broadcasting booth along Dix Highway. During the 1960s, the center's Sears store was cited as the chain's highest-grossing store, so much to the point that an addition to the store's Auto Center would be built. Up until closure, the Lincoln Park Shopping Center location was one of the largest stores in the Sears chain. In 1965, Harold Stulberg became

156-641: A $ 1.00 price point, opened its 3,000th store, and acquired 138 DEAL$ stores, previously owned by SUPERVALU INC. In 2007, Dollar Tree expanded its Briar Creek Distribution Center and crossed the $ 4 billion sales threshold. In 2008, Dollar Tree earned a place in the Fortune 500. By the close of 2009, the company opened a store in Washington, D.C. , and purchased a new distribution center in San Bernardino, California . In 2009, Dollar Tree redesigned its website with

195-475: A 400,000 square feet (37,000 m ) expansion of its distribution center in Savannah, Georgia. In 2012, Dollar Tree opened another 345 new stores and exceeded $ 7 billion in sales. On July 28, 2014, Dollar Tree announced that it was offering $ 9.2 billion for the purchase of competitor chain store Family Dollar . On August 18, 2014, Dollar General lodged a competing bid of $ 9.7 billion for Family Dollar. The bid

234-447: A Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags, and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods. In August 2012,

273-502: A May 1989 advertisement in the Sun-News , the fledgling chain, apparently already planning 100 stores for the eastern United States, bills the dollar-pricing model as the “hottest new shopping concept in America.” In 1991, the corporation made a decision to focus exclusively on the expansion of dollar stores after selling K&K stores to KB Toys , owned by Melville Corporation . In 1993,

312-556: A few months later. Target was the first to open on October 9, 2005, joined by several other tenants, including those that relocated from the Lincoln Park Shopping Center, including Barnes & Noble , Dress Barn , Lane Bryant , Longhorn Steakhouse , Michaels Arts & Crafts, Old Navy , On-The-Border Mexican Restaurant, Pier 1 Imports , T.J. Maxx , Cost Plus World Market and Bed, Bath & Beyond . A second phase, which includes Meijer , Best Buy , LA Fitness , and The Home Depot , opened in 2007. The recreational elements of

351-539: A location across Dix Highway in December 2014. By June 2017, Dollar Tree would relocate to a former Walgreens store a block southeast on Southfield Road, which left Sears as the only tenant of the large-size strip complex. All connected buildings, except Sears, were torn down by March 2018. Despite the Sears anchor continuing to rank among the chain's highest-grossing stores, on October 15, 2018, Sears announced that its Lincoln Park Shopping Center location would close as part of

390-550: A major expansion in 1988, which saw the openings of the Jack Loeks Star Theatres Lincoln Park 8 movie theater in May and of F&M Distributors on August 1. By this point, Kroger had already moved to a newer store further south on Dix Highway, which would be replaced by other supermarkets beginning after a union strike in 1984 prompted Kroger to close many of their Michigan locations. By 1997, Kroger would return to

429-477: A mile north in northern Allen Park. Many Lincoln Park Shopping Center tenants, including Dunham's Sports, Old Navy and Dress Barn , moved to newer locations at both centers. Those that remained at the center, including President Tux, Hallmark Gold Crown , KB Toy Works, GameStop , GNC , Payless Shoe Source and Famous Footwear , would eventually leave as well, either relocating to "The Hill" or to other area locations or due to corporate bankruptcies, especially as

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468-461: A nationwide logistics network of 24 distribution centers. Additionally, the company operates stores under the name of Dollar Bills, as well as a multi-price-point variety chain under the Family Dollar banner. Dollar Tree competes in the dollar store and low-end retail markets. Each Dollar Tree stocks a variety of products, including national, regional, and private-label brands. Departments found in

507-869: A new distribution center in Stockton, California . In 2001, the company opened two additional distribution centers in Savannah, Georgia and Briar Creek, Pennsylvania . In 2003, Dollar Tree acquired Salt Lake City , Utah -based Greenbacks, Inc. , and opened a new distribution center in Marietta, Oklahoma . In 2004, Dollar Tree opened its first store in North Dakota which marked its operation of stores in all 48 contiguous states. The company also opened new distribution centers in Joliet, Illinois and Ridgefield, Washington . In 2006, Dollar Tree celebrated its 20th year of retailing at

546-441: A new e-commerce platform. DollarTree.com sells Dollar Tree merchandise in larger quantities to individuals, small businesses, and organizations. The company also advertises in-store events, specials, seasonal promotions, and featured products through the site, and users can locate a retail store, research information about Dollar Tree, and view product recalls. Dollar Tree also added customer ratings and reviews, and customer stories to

585-473: A number of studies, individuals, and organizations to proliferate food deserts : areas with limited access to healthy and affordable food. Dollar Tree has disputed this claim; it claimed that in a number of cases it created food options in food deserts. Dollar stores are alleged to outcompete local grocery stores, and end up being one of the few options available for purchasing food in some communities. In 2023, Dollar Tree reportedly stopped selling eggs when

624-456: A plan to close 142 stores nationwide after filing for Chapter 11 bankruptcy. The store closed on January 6, 2019. By June 2019, the former Wendy's building on Southfield Road reopened as a Del Taco location. Fairlane Green Fairlane Green also known as " The Hill ", is a power center in the United States city of Allen Park , Michigan . It is built on top of a former landfill and

663-730: The East Coast . In 1986, Doug Perry, Macon Brock, and Ray Compton started another chain store called Only $ 1.00 with five stores, one in Georgia, one in Tennessee, and three in Virginia. The expansion of dollar stores was continued alongside K&K Toys stores, mostly in enclosed malls. On April 27, 1989, the first “Dollar Tree”-branded store opened at the Jessamine Mall in Sumter, South Carolina . In

702-410: The $ 1 billion in debt currently held by Family Dollar. The deal came in the month following activist investor and major shareholder Carl Icahn 's demand that Family Dollar be promptly put up for sale. After their reported deal had been struck, Dollar General entered the bidding, surpassing Dollar Tree's offer, with a $ 9.7 billion bid on August 18, 2014. On August 20, 2014, Family Dollar rejected

741-528: The Dollar General bid, saying it was not a matter of price, but concerns over antitrust issues that had convinced the company and its advisers that the deal could not be concluded on the terms proposed. The Family Dollar board had been analyzing potential antitrust issues that could arise from doing a deal with Dollar General, since the start of the year a statement from CEO Howard Levine outlined. Dollar Tree, and dollar stores in general, have been alleged by

780-496: The Great Recession began taking tolls both on the retail industry and on property values around the complex. The Lincoln Park Shopping Center was the site of two failed Walmart Supercenter proposals in 2007 and 2012, both of which have resulted in disputes with Sears. In early 2012, plans were announced to demolish the entire center except for the Sears building. In 2015, Sears Holdings spun off 235 of its properties, including

819-436: The Sears at Lincoln Park Shopping Center, into Seritage Growth Properties. It, along with Dollar Tree , were the only remaining inline tenants left at the complex by that year. Additionally, two buildings existed in the outlot along Dix Highway, consisting of a Big Boy restaurant and a Bank of America branch, and a third outlot building on Southfield Road in Allen Park that formerly housed a Wendy's restaurant before it moved to

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858-428: The best bargains out there,” and it has "great control over the tremendous buying power at the dollar price-point.” Its prices are primarily designed to attract financially disadvantaged customers, but it has also become popular within immigrant communities. On July 28, 2014, Dollar Tree announced that a deal had been reached and approved by both parties to purchase Family Dollar for $ 8.5 billion plus acquisition of

897-728: The city of Allen Park, the Lincoln Park Shopping Center , anchored by Sears , and even then only a small portion was actually within Allen Park, the majority of it lying in adjacent Lincoln Park . Development of what became Fairlane Green began in December 2002, when Ford Land Development, the real-estate division of the Ford Motor Company , received a special use permit to redevelop a former clay mine that extended from Outer Drive and Snow Avenue to Oakwood Boulevard and ran parallel to M-39 and Interstate 94 . The original proposal, which also included recreational facilities,

936-714: The company began accepting manufacturer coupons at all of its store locations. Dollar Tree, and dollar stores in general, have been alleged to create food deserts : areas with poor access to healthy and affordable food. Dollar Tree disputes this claim, and claims that it creates food options in areas that would otherwise be deserts. In 1953, K. R. Perry opened a Ben Franklin variety store in Norfolk, Virginia , which later became known as K&K 5&10 . In 1970, K. R. Perry, Doug Perry, and Macon Brock started K&K Toys in Norfolk, Virginia. This mall concept grew to over 130 stores on

975-491: The end of 2020, primarily in small towns with populations of just a few thousand people. On September 28, 2021, CEO Michael Witynski, citing increased shipping and labor costs squeezing profit margins, announced that some prices will be rising above $ 1, possibly to as much as $ 1.50. On November 23, 2021, it was announced that Dollar Tree plans to raise its prices from a dollar for typical items to $ 1.25 in response to inflation and pressure from investors to raise prices. Some of

1014-527: The items sold at Dollar Tree will not have their prices increased. The retailer will introduce the new price point in more than 2,000 stores by December 2021 and complete the roll-out across most of its 8,000 stores by the first quarter of 2022. On March 13, 2024, Dollar Tree reported a loss of $ 1.71 billion for latest quarter and announced the closure of near 1,000 stores. Dollar Tree is classified as an extreme discount store. It claims to be able to achieve this because their buyers "work extremely hard to find

1053-472: The manager of the Lincoln Park Shopping Center and between 1983 and 1995 embarked on a multi-year renovation project, based on customer surveys taken in 1980, which resulted in Dunham's Sports , Pier 1 Imports , Winkelman's ladies apparel, So-Fro Fabrics and Harmony House , the latter displacing a Big Boy restaurant that moved to a separate building along Dix Highway, all opening stores in the center. This included

1092-400: The name Only $ 1.00 was changed to Dollar Tree Stores to address what could be a multi-price-point strategy in the future, and part equity interest was sold to SKM partners, a private equity firm . The Perrys and Brock got the idea for the company from another retailer known as Everything's A Dollar, which went bankrupt in the 1990s. In 1996, Dollar Tree acquired Dollar Bill$ , Inc. ,

1131-633: The price of eggs increased. In line with these allegations, a number of states have passed restrictions on where new dollar stores can be opened. On October 11, 2010, Dollar Tree announced its acquisition of Dollar Giant, incorporated in 2001 in Vancouver , Canada, for $ 52 million. At the time of the acquisition, Dollar Giant had about 85 retail outlets in the provinces of British Columbia , Alberta , Saskatchewan and Ontario . Approximately 30 of its retail locations are in British Columbia, making it

1170-640: The second largest dollar store chain in that province. It was Canada's fourth largest operator of dollar stores . Dollar Tree has since rebranded all of its Dollar Giant stores to Dollar Tree; these were the first retail locations outside of the United States operated by Dollar Tree. As of 2020 , the company operates 227 stores across Canada, concentrated in Western Canada and Ontario. All Dollar Tree stores in Canada sell items for C$ 1.50 or mentioned otherwise which

1209-470: The second phase, however, were never built. Cost Plus World Market closed in the late 2000s and was replaced by Five Below . Dollar Tree Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores . Headquartered in Chesapeake, Virginia , it is a Fortune 500 (sometimes referred to as Fortune 200) company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada . Its stores are supported by

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1248-512: The site. In 2010, the corporation opened its 4,000th chain store and acquired 86 Canadian Dollar Giant stores which are based in Vancouver, British Columbia , Canada. The stores are operated in British Columbia , Alberta , Saskatchewan and Ontario . These are the first retail locations outside of the United States operated by Dollar Tree. In 2011, Dollar Tree achieved total sales of $ 6.63 billion, opened 278 new stores, and completed

1287-444: The vicinity by opening the current store across Southfield Road. As the decline of neighboring Detroit intensified in the early 1990s, these problems began spreading into Lincoln Park itself, resulting in declining property values in the immediate vicinity of the Lincoln Park Shopping Center. In the mid-1990s, several independent stores that were in the center were shuttered and when F&M Distributors went out of business, its store

1326-639: Was also shuttered. Harmony House's location closed with the chain in 2002 and the Star Lincoln Park 8 showed its final films and shut down a year later in 2003, citing competition from new megaplexes at the Southgate Shopping Center and Fairlane Town Center , the latter of which Star had also owned at the time. The center's death knell came in 2005 when the Fairlane Green ("The Hill") and Independence Marketplace power centers opened about

1365-698: Was approved in August 2003. Ford Land had intended the complex to anchor the southern gateway to the Fairlane corridor through Allen Park and Dearborn , including the Fairlane Town Center mall. In May 2004, the portion of the complex site that included the former site of the Allen Park Veterans Administration Medical Center was sold to Lormax Stern and REDICO, which became Independence Marketplace. Construction began on both centers

1404-430: Was opened to the public in stages in the mid-2000s. Tenants include Target , Meijer , LA Fitness , Old Navy , Five Below , Panera Bread , and several others. The elevation of Fairlane Green is high enough to allow one to see portions of the skyline of downtown Detroit from the northern end of the complex on most days. Prior to the construction of Fairlane Green, there was only one large shopping development within

1443-493: Was ranked 134 on the 2018 Fortune 500 list of the United States corporations by revenue. In March 2019, as part of its reposition plan, Dollar Tree announced that it will close up to 390 Family Dollar stores along with renovating 1,000 other locations. On March 3, 2021, it was announced that Dollar Tree had quietly introduced a combination Family Dollar/Dollar Tree store concept, with the first one opening in early 2021. Dollar Tree has opened and operated nearly 50 locations by

1482-532: Was rejected on August 20, 2014, by the Family Dollar board, which said it would proceed with the deal with Dollar Tree. In January 2015, Dollar Tree announced plans to divest 300 stores in order to appease US regulators scrutinizing its proposed takeover of Family Dollar stores. In June 2015, the firm agreed to sell 330 stores to private equity company Sycamore Partners as part of the approval process for its $ 8.5 billion takeover of Family Dollar. The company

1521-421: Was the Lincoln Park Shopping Center that prominently placed Lincoln Park in a position of serving the community for many years to come. Construction began in 1955 and the first store, Sears , opened in 1956. This was followed shortly thereafter by a Kroger supermarket. In early 1957, the strip mall itself held its official grand opening with a parade of elephants on Dix Highway. Among other original tenants were

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