Dollar Stores vs. Co-ops

The Lempert Report
January 19, 2024

Dollar stores have been expanding terrifically. We know that. But there's been some downside. If we look at dollar stores and I'm not talking about the customer experience, but the retail experience there's a new study that's just come out that finds that one out of every 20 independent grocery stores will go out of business within a couple years of a dollar store arriving in their area. Dollar stores have announced more than a thousand new stores opening every single year, and when we take a look at this study that comes out of the College of Agriculture, health and Natural Resources, they found that when dollar stores enter markets, independent grocery stores shut down, so it's not affecting the chain stores as much as independents.

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