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Why Dollar Stores Are Coming to a Rich Neighborhood Near You
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"With more than 30,000 locations of Dollar Tree and Dollar General, there are more dollar stores in the U.S. than the next six biggest retailers — Walmart, Kroger, Costco, Home Depot, CVS and Walgreens..." — combined. "During downturns, the middle class often shifts its spending habits the most, says Rampoldt. “If you’re poor, you stay poor. If you’re rich, you stay rich,” he says." "It’s this economic segment that dollar stores have identified as their growth area, and that makes these thrift shops well prepared …" no matter when the recession strikes. https://www.ozy.com/acumen/why-dolla...6&utm_term=OZY ---------------------- .
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