Inflation is driving Americans to bargain chain stores
Headline from WTOP Washington DC
Dollar Tree and Dollar General reported higher second-quarter sales Thursday resulting from four-decade high inflation driving more customers to bargain chain stores for everything from lightbulbs to groceries.
WTOP Washington DC's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Just like the last recession in 2008, dollar stores are again benefiting from shoppers focusing on low priced items and higher income shoppers trading down.
Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers. But even Dollar General and Dollar Tree, which have thrived this year as rampant inflation has helped boost sales, are starting to feel the pinch of a slowing economy.
NEW YORK (AP) — Dollar Tree and Dollar General reported rising sales in the second quarter as four-decade high inflation drove more more customers to the bargain chain stores for
Dollar Tree and Dollar General reported higher second-quarter sales Thursday resulting from four-decade high inflation driving more customers to bargain chain stores for everything from lightbulbs to groceries.
