The answer to this question is complicated, but in a nutshell, Dollar Tree is not wholly owned by Dollar General. In fact, both companies are owned by Berkshire Hathaway, but the two companies have different governance structures and management teams.
Dollar Tree is a much smaller company than Dollar General, with around 14,000 stores compared to the over 2,500stores operated by Dollar General. However, Dollar Tree is the more profitable of the two companies, with annual revenues of over $22 billion compared to $16 billion for Dollar General.
Given the different profitability and store count, it is not surprising that the two companies have different ownership structures. Dollar Tree is owned by Berkshire Hathaway through its subsidiary, The Kroger Company, while Dollar General is owned by J.
C. Penney Company, also through its subsidiary, The Kroger Company.
This structure means that Dollar Tree is run by a relatively independent management team, while Dollar General is more tightly controlled by J.C.
Penney. This difference in ownership has been a source of contention between the two companies in the past, with Dollar Tree accusing Dollar General of using unfair tactics such as price cutting in order to compete with the smaller rival.
Overall, Dollar Tree is a more profitable and larger company than Dollar General, but the two companies have different ownership structures and management teams. This difference in ownership has led to disputes in the past, but as long as the two companies remain independent, these disputes should not have a significant impact on the companies’ operations.