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.
Dollar  Tree  Distribution,  Inc.,  is the parent of another  Virginia  company,
Dollar Tree Properties, Inc., a real estate holding company.