News

Dollar Tree joins battle for shoppers at south gateway

Contractors are preparing space for a Dollar Tree store at the old Food Lion property.

By Bill Moss, Published: April 4, 2017

Dollar Tree is coming to the old Food Lion space on Greenville Highway, adding a national discount retailer to a crowded corner offering a plethora of grocery and drug choices.

“They’ve signed the lease,” said real estate broker Jimmy Edney. “They’re supposed to open in April.”
The area where Greenville and Spartanburg highways meet contains six drugstores and three supermarkets and Publix plans to build a supermarket with a pharmacy across the road from the new Dollar Tree spot.
Carolina Specialties Construction Inc. is renovating three side-by-side spaces containing 11,800 square feet each at a cost of about $50,000 each, according to building permits issued by Henderson County.
Edney, who is handling the property for owner Tony Bloemsma and registered agent J.W. Davis, said he had not yet signed tenants for the other two spaces.
“Dollar Tree is very particular about who they put in there,” he said. “We’ve got several people looking at it. Hopefully, we’ll have one in there in the next few weeks.”
A sign on the window says the retailer is hiring three assistant managers and 30 sales people. It’s taking applications at the Dollar Tree in Highland Square.
The company, which bought rival Family Dollar in 2015, reported net sales of of $5.6 billion in the fourth quarter of 2016, up 5 percent over the previous year. It opened 104 outlets, expanded or relocated 27 outlets, closed 55 outlets and rebranded eight Family Dollar outlets as Dollar Tree stores in the fourth quarter. In 2016, the company opened 584 new stores, according to a report in Yahoo Finance from Zacks Equity Research.