JOIN THE BOOMING
DOLLAR-STORE ECONOMY!
now approaching 25,000 nationally, according to the brokerage
firm Sterne Agee. Such stores are
much smaller than a Walmart
— about 8,000 square feet, compared with the 182,000 of a typical Supercenter — but they’re also
becoming far more accessible to
U.S. shoppers than the nation’s
top retailer. There are now approximately five dollar stores in
HUFFINGTON
10.06.13
Much of the industry’s growth
has come courtesy of the Great
Recession. As the worst downturn
in a generation settled in, shoppers increasingly looked for bargain bins close to home, steering
them to the discount detergent,
toilet paper and other so-called
consumables that Dollar General
and its competitors thrive on.
Many of the new shoppers
“Psychologically, they get you to
believe that you are actually a
manager... But we’re stock people.”
the U.S. for every Walmart.
Dollar General, Family Dollar and Dollar Tree are on pace
to open one new store every six
hours this year, according to
Sterne Agee’s analysis, and they
now employ more th [