If you shop at dollar stores, you aren’t alone.
Thousands of Lexington County residents shop anywhere from Big Lots to Dollar General and Dollar Tree.
The pandemic has helped the dollar …
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If you shop at dollar stores, you aren’t alone.
Thousands of Lexington County residents shop anywhere from Big Lots to Dollar General and Dollar Tree.
The pandemic has helped the dollar discount stores.
According to Colliers International South Carolina, discount store sales jumped during the pandemic.
The stores offer increased variety at low prices with refrigerated foods and other items.
To consumers they are numerous, smaller, easier to shop and close to home.
“Discount stores are the big winners in the pandemic,” Patrick Nealon of Colliers told Columbia Regional Business Journal.
“Dollar General’s net sales for 2020 quarter 3 are up 25% year over year, and that’s huge.”
Dollar Tree and Family Dollar, owned by the same company, have both seen a 10% year-over-year increase.
Nealon said that shop pers were drawn to discount stores because they are located near residential areas.
Not all discount stores fared as well.
TJ Maxx and Marshalls’ sales fell off significantly during the pandemic.
“Companies like JC Penney went bankrupt,” he said.
A primary problem for TJ Maxx and Marshalls was supply chain delays.
For anyone who walked in during the pandemic, shelves were bare.
The chains had a hard time getting shipments and even shut down their websites temporarily.
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