Dollar General, other discount retailers stand to gain from Dollar Tree's troubles

yahoo Finance

With Dollar Tree (DLTR) set to close 1,000 locations, shoppers will be on the hunt for a new budget destination.

Dollar Tree itself could keep some of the customers. “There’s going to be some amount of recapture … (the closed stores) may be near another Family Dollar Store or near a Dollar Tree store where they can pick up some of those sales,” Telsey Advisory Group’s managing director Joe Feldman told Yahoo Finance.

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