3 Reasons Why Dollar Stores Are On The Rise
When it comes to the rise of dollar stores, the numbers are somewhat staggering. Three-fourths of Americans live within five minutes of a Dollar General store, currently the largest US retail chain by store count. And while retailers around the country are closing at a record pace, Dollar General is adding almost 2,000 stores over a […]
Five Below: What’s Behind this Discount Retailer’s Success?
Despite the name, things are really heating up for Philadelphia-headquartered discount retailer Five Below. Wordplay aside, the numbers speak for themselves. In 2018 alone, Five Below opened 125 new stores, and had opened an additional 35 in the first quarter of 2019, with plans for 145-150 more before the year is over. Adding to its […]
Discount Stores: Why We Love Them and What Retailers Can Learn
Despite the competitive pricing of online retailers like Amazon, brick-and-mortar discount stores are asserting market dominance and growing rapidly. According to Barron’s, discounters, which have roughly 31% of the $811 billion grocery segment, garnered 40% of the growth in that sector. Top players responsible for this outsize share growth are Walmart, Costco, Aldi, and Kroger, […]
