Are dollar stores the leading retail industry of our time?
As many economic retail sales studies have revealed, and as a forecast for the period of 2018 until at least 2030, Dollar Stores and Discount Stores are and will become the leading Retail Industry of our time due to the simple fact that shoppers want to save money no matter what economic situation they are in.
Is the dollar store concept a high-growth area of the stock market?
The dollar store concept overall isn’t exactly a high-growth area of the stock market. However, if some steady growth performance over the long term is what you’re after, dollar store stocks might be right up your aisle. There has been consolidation in the dollar store market in recent years via merger and acquisition activity.
How do dollar stores affect the economy?
While they provide an economic stop-gap for low-income populations, dollar stores have an ultimately damaging effect on economic wellbeing. They displace independent grocery and retail options, draining communities of their local character, history, and opportunity.
Why is the Dollar Tree raising prices?
- The New York Times Dollar Tree will raise prices to $1.25 by the end of April. The price increases come as dollar stores have been struggling with a slowdown in sales and shrinking profits. Their business model is being tested by worker burnout, pressure to raise wages, supply chain problems and growing local opposition.
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