Dollar General adds 436 stores, Dollar Tree cuts prices as discounters vie for shoppers

Retail Dive

With consumers squeezed by high gas and food prices, dollar stores and discounters have an opportunity to win over customers across much of the income spectrum.

Telsey Advisory Group analysts led by Joe Feldman said in an emailed note that Dollar General’s better-than-expected sales and profitability reflect “the impact of inflation and consumers continuing to increase reliance on Dollar General in a challenging economic environment.”

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