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December 7, 2012
FROM RETAILWIRE:
Even as the economy has begun to recover, dollar stores continue to pick up share from supermarkets and mass merchandisers. Do you expect the competitive threat posed by dollar stores to other food retailers to increase, decrease or remain the same over the next five years?
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Dollar stores have become an inexpensive convenience option for consumers. As such, if they can consistently offer quality fresh produce and other products, consumers will continue to incorporate them into their shopping plans.
It's easier to do a quick trip to a dollar store than to visit a traditional grocer or mass merchant. And dollar stores, due to their smaller size, are frequently located closer to consumers, saving time—a most valuable commodity.
The stigma of dollar stores carrying seconds and almost over the hill produce is gone.