EXHIBIT 21.1


                         SUBSIDIARIES OF THE REGISTRANT


The registrant is the parent company of Dollar Tree Distribution, Inc., a
distribution, warehousing and wholesale company, and Dollar Tree Management,
Inc., a management services company, both of which are Virginia companies. The
registrant is also the parent of Dollar Express, Inc., a Pennsylvania company.
Certain other subsidiaries are not included because, when considered in the
aggregate as a single subsidiary, they do not constitute a significant
subsidiary as of December 31, 2000.