BELOW SUPERNAV drop zone ⇩

Struggling with grocery prices? Dollar stores could help

  • Dollar stores are increasingly selling food necessities, including produce
  • Unlike traditional grocery stores, they can open in smaller buildings
  • Upgrades along with inflation mean items can cost much more than $1 now

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

maylen

https://digital-stage.newsnationnow.com/

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation) — In a new, inflation-driven business model, dollar store chains nationwide are filling a need by providing basic retail options in low-income areas, according to consumer reports.

Chains such as Dollar Tree, Dollar General and Family Dollar are some of the fastest-growing retailers in the U.S., with 35,000 locations and counting.

Now, brands are adding everything from razor blades to coffee to pet food at dollar store chains in order to reach budget-conscious shoppers.

These chains are able to open many more locations because, unlike traditional grocery stores, dollar stores can open in smaller buildings.

Dollar store chains are also opting to open stores in areas standard grocery stores won’t touch, including low-income communities and rural food deserts. They are serving these areas by stocking necessities such as milk, butter and eggs, as well as produce.

The strategy appears to be working.

Family Dollar had the second-highest growth in food beverage sales in 2022, according to the company’s most recent earnings report, more than Walmart, Sam’s Club, Target or Kroger. This is leading food manufacturers to expand and add more value-conscious options for dollar stores.

However, shopping at the dollar store no longer means everything costs a dollar. Some of these items could cost customers as much as $8.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

70°F Sunny Feels like 70°
Wind
3 mph S
Humidity
22%
Sunrise
Sunset

Tonight

A few passing clouds. Low 46F. Winds light and variable.
46°F A few passing clouds. Low 46F. Winds light and variable.
Wind
2 mph N
Precip
9%
Sunset
Moon Phase
Waning Gibbous