In a Struggling Economy With Soaring Inflation, Dollar Stores Are Winning

In a Struggling Economy With Soaring Inflation, Dollar Stores Are Winning
Customers exit a Dollar General store in San Antonio in this file photo. Eric Gay/AP Photo
Katabella Roberts
Updated:

Dollar stores are seeing an increased number of customers looking to stretch their budgets amid soaring inflation, even as the cost of living is taking its toll on other retailers, according to new data.

The latest data released by foot traffic analytics firm Placer.ai shows that visits to dollar stores owned by Dollar General Corp., Dollar Tree Inc. and its subsidiary Family Dollar, and Five Below Inc. were up 13.2 percent between the first and second quarters of 2022.
Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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