5 Least Innovative Companies That Are Still In Business Today

4. Dollar Tree, Inc. (NASDAQ:DLTR)

Market Capitalization as of January 29, 2023: $13.55 billion

Dollar Tree, Inc. (NASDAQ:DLTR) is a discount store chain set up in 1986. It is one of the largest retailers in the world, with more than 15,000 stores all over the U.S. and Canada. It has operated on an ultra low cost retailer model since 1986 when its founders launched a new line of stores under the Only $1.00 branding.

By the end of 2022’s third quarter, 37 out of the 920 hedge funds polled by Insider Monkey had bought Dollar Tree, Inc. (NASDAQ:DLTR)’s shares.

Dollar Tree, Inc. (NASDAQ:DLTR)’s largest investor in our database is Paul Hilal’s Mantle Ridge LP which owns 11.3 million shares that are worth $1.5 billion.

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