PYMNTS-MonitorEdge-May-2024

Dollar Tree

Baby Boomers and Seniors Turn to Ready-to-Eat Meals for Cost Savings
Baby Boomers and Seniors Turn to Ready-to-Eat Meals for Cost Savings
May 25, 2023  |  Consumer Insights

Grocers and other food retailers can win the spending of older consumers by offering low-cost ready-to-eat meal options. By the Numbers According to data from...

READ MORE >
Frozen Food Drives Sales at Discount Stores as Consumers Seek Easy Meals
Frozen Food Drives Sales at Discount Stores as Consumers Seek Easy Meals
May 25, 2023  |  Retail

Consumers’ demand for more affordable quick meal solutions is sending them running to the freezer aisle, Dollar Tree CEO Rick Dreiling notes. On a call with...

READ MORE >
Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’
Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’
May 25, 2023  |  Earnings

Dollar Tree is apparently not immune to the shrinkage issue plaguing other retailers. The discount store chain released earnings results Thursday (May 25) showing an increase in sales,...

READ MORE >
Discount Stores Remodel to Capture Walmart Grocery Share
Discount Stores Remodel to Capture Walmart Grocery Share
April 23, 2023  |  Retail

Major remodels by the country’s top two dollar store chains signals expectations for prolonged higher food prices. As reported by FT earlier this week (Apr....

READ MORE >
Dollar Stores Become Grocery Stores as Food Prices Climb
Dollar Stores Become Grocery Stores as Food Prices Climb
February 05, 2023  |  Retail

As food costs rise, consumers are turning to dollar stores to buy groceries. More than 20% of consumers purchase their groceries at stores such as...

READ MORE >
Report: Discount Retailers See New Wave of Cost-Conscious Shoppers
Report: Discount Retailers See New Wave of Cost-Conscious Shoppers
January 15, 2023  |  Economy

Discount retailers are set to see high traffic this year as consumers worry about rising costs. That’s according to a new report from foot traffic-tracking...

READ MORE >
Dollar Stores Step up Race to Add Locations Amid Consumer Shift
Dollar Stores Step up Race to Add Locations Amid Consumer Shift
December 20, 2022  |  Retail

Dollar stores and discount retailers are racing to meet consumer demand by adding locations. Dollar General and Dollar Tree, together, expect to have opened 1,300...

READ MORE >
Grocers Get Creative to Meet Consumers’ Demand for Cheap Food
Grocers Get Creative to Meet Consumers’ Demand for Cheap Food
December 08, 2022  |  Retail

This week in grocery, consumers seek discount food options, and Instacart ships Christmas trees. Canadian discount retailer Dollarama, which has more than 1,400 locations across the...

READ MORE >
Food Keeps Consumers Loyal to Retailers Amid Spending Cutbacks
Food Keeps Consumers Loyal to Retailers Amid Spending Cutbacks
December 01, 2022  |  Retail

As consumers cut non-essential spending, food is the hook that keeps them coming back. Discount variety store chain Dollar General, for one, has been expanding...

READ MORE >