Dollar Tree breaks ground for Chowchilla store | Fresno Bee

Dollar Tree, a fast-growing national chain of discount retail stores, will be opening a store in Chowchilla in January.

Chowchilla City Administrator Brian Haddix said contractors broke ground Oct. 12 for the store on property on Robertson Boulevard in the southwestern area of the city. The site is next to the Countrywood Shopping Center.

Dollar Tree has a significant presence in the central San Joaquin Valley, with 16 stores in the Fresno/Clovis area and 32 across Fresno, Kings and Tulare counties. The Chowchilla store will be its third in Madera County, joining stores in Madera and Oakhurst. The company’s business model is to stock a range of household products, from cleaning supplies to glassware to candy and snacks, at a “single price point” with every product priced at $1 or less.

The store’s developer, Kathryn Smith, described Chowchilla as “the ideal location for a Dollar Tree store.”

“The property on Robertson Boulevard stood out as a perfect location, and the city of Chowchilla proved to be one of the easiest to work with when it came to expediting permits,” Smith added.

Haddix said representatives from Chowchilla met up with Dollar Tree leaders at a recent ICSC (International Council of Shopping Centers) retail trade show in San Diego, where the city team pitched its business-friendly environment. “Right on the spot, we made strong commitments that caused Dollar Tree to move forward toward construction,” Haddix said.

City leaders said the store is expected to open Jan. 28 and employ 14 to 15 people. “Dollar Tree is the type of retailer we want in our community,” Mayor John Chavez said. “They present an attractive storefront and carry well-respected brands for our residents.”

Dollar Tree Inc., headquartered in Chesapeake, Virginia, has almost 5,600 stores across the U.S. and Canada. Earlier this year, the company completed a $9.1 billion deal (including $2.3 billion in stock) to acquire the North Carolina-based Family Dollar company and its nearly 8,300 stores. The company reported net sales of just over $3 billion in its fiscal quarter that ended Aug. 1.

A competing national chain, Dollar General, has one of its Dollar General Market stores in the adjacent Countrywood Shopping Center. Dollar General launched an unsuccessful bid last year to buy Family Dollar, for as much as $9.1 billion. But Family Dollar declined that offer, opting instead to sell to Dollar Tree.

Read more here: http://www.fresnobee.com/news/business/article39478935.html#storylink=cpy

http://www.fresnobee.com/news/business/article39478935.html

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