True dollar store coming to Oak Grove.
Chesapeake, Virginia based Dollar Tree plans to open in the 10,500 square foot anchor space at Vista Grove shopping center on LaVista Road. The space, first an Eckerd and later a Dollar General, has been vacant since Dollar General's closure in October.
Rumors of the store opening began making their way around the neighborhood last week, but only today was a lease officially signed with property owner Stafford Properties.
Unlike Dollar General where merchandise may be several dollars, Dollar Tree items are all a buck (or less) and often a great deal.
While many in the community had hoped for a more "exciting" replacement, it's great to see the large space filled.
This past summer Dollar Tree completed its acquisition of Charlotte, North Carolina based Family Dollar, a store similar in pricing to Dollar General. The FTC required Dollar Tree to sell 330 Family Dollar stores to private equity firm Sycamore Partners as part of the merger.
This new opening would seem to be an effort on Dollar Tree's part to begin to add new locations to where they they are not yet well represented. Dollar Tree does have a few locations nearby in Brighten Park, Briarcliff Village and North DeKalb Mall.
Are you pleased with this opening? Are you more of a fan of Dollar Tree than Dollar General? What would you like to see happen to the vacant gas station in the parking lot at the shopping center?
Please share your thoughts below.