A Consumer Reports survey from 2021 found nearly 90% of Americans shop at dollar stores at least a few times a year.
Even though inflation is cooling, prices are still higher than they were pre-pandemic. They've hit low-income consumers the hardest, which is why many of them shop at dollar stores.
Despite the store names, most products they carry cost more than a dollar. Dollar Tree's base price is $1.25, while prices at Family Dollar and Dollar General range between $1 and $10. While prices will vary, dollar stores aren't just about saving money; sometimes, they're the only option."So many smaller mom and pop and independent stores have had to shutter because of competition from dollar stores, and those very communities now are faced with the very real threat of having no retail," said Consumer Reports deputy editor Brian Vines.
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