Discount Stores Continue to Dominate Amid Inflation

Dollar General has increased its sales forecast as Americans have increasingly turned to discount chains amid inflation.

Inflation Is Surging and Dollar Store Sales are Too

With inflation running at its highest level in four decades, consumers are pinching their pennies and looking to dollar stores to stretch tightening budgets. With inflation currently running at 7.5%, consumers are getting nervous about …

Fresh Food, Health Care Likely to Spur More Dollar Store Growth

Of the approximately 7,300 U.S. stores opened, or planned to open in 2020 and 2021, 43% are dollar stores, according to Coresight Research. Dollar General opened 1,000 new stores in 2020 and has 1,050 more …

Earnings Update: Sales Rising for Retailers Publix, Dollar Tree, and Grocery Outlet

Several retailers have released results for their final quarters of 2020, as well as their fiscal years. Among the noteworthy takeaways were the following: Publix says the pandemic increased fiscal 2020 sales by 12.1% Dollar …

Retailers Rethink Strategy

Several retailers have been working on re-strategizing their operations recently. Dollar General is looking to attract more high-income shoppers, reported The Wall Street Journal (Oct. 8). The company is planning to open a new brand …