Dollar Stores news and trends

99 Cents Only Declares Bankruptcy as It Shuts Down Stores
Retail // April 08, 2024

Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said it was closing all of its 371 locations in the southwestern part of the country. “This was an extremely difficult...

Dollar Tree Woos Affluent Shoppers as Savings Dwindle
Earnings // March 13, 2024

As even affluent consumers see their spending power diminish, Dollar Tree is making gains with high-income shoppers, even as the business on the whole faces ongoing challenges. The discount retail giant, which owns its self-titled banner as well as Family Dollar, shared on a call...

Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
Retail // March 13, 2024

Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a review of its properties had identified 600 for closure in the first half of its fiscal year, and another 370...

Dollar General Hopes Consumers Will Smell Value in New Fragrance Line
Retail // January 23, 2024

As Dollar General aims to infuse a breath of fresh air into its shopping experience, it’s venturing into personalized collections, including the aromatic debut of Club92 in partnership with Slatkin + Co. This initiative aligns with the growth of the global home fragrance market, which...

Interviews & Exclusives
Dollar General Hopes Consumers Will Smell Value in New Fragrance Line

January 23, 2024
As Dollar General aims to infuse a breath of fresh air into its shopping experience, it’s venturing into personalized collections, including the aromatic debut of Club92 in partnership with Slatkin + Co. This initiative aligns with the growth of the global home fragrance market, which was valued at $7.2 billion in 2022 and is projected […]

Why Brands Are Bringing Their A-Game to Discount Retailers

June 22, 2023
Who said quality had to be expensive? As the stigma around shopping at dollar stores fades and the demand for affordable alternatives and replicas increases, brands and retailers are becoming...

Quick Reads
Packaged Food Sellers Emphasizing Value for First Time Since Pandemic

April 08, 2024
Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This trend marks a reversal of the strategy companies have pursued since the beginning of the pandemic, which was to focus on premium products to justify their increasingly higher prices, Reuters […]

99 Cents Only Declares Bankruptcy as It Shuts Down Stores

April 08, 2024
Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said it was closing all of...

Family Dollar Parent Plans to Shutter Nearly 1,000 Stores

March 13, 2024
Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a review of its properties had...

Dollar General Offers Cash Back as Consumers Hunt Low Prices

July 18, 2023
Dollar General says it wants to help its customers earn cash back on purchases. The discount retailer recently debuted its DG Cash Back Program, which — via its partnership with rewards provider Ibotta — lets...