Topic: Dollar Stores in the U.S. (2024)

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Two companies dominating the U.S. dollar store market Shopping behavior in dollar stores Key insights Editor’s Picks Current statistics on this topic Current statistics on this topic Related topics Recommended Recommended statistics Market overview Market overview Store numbers and sales Store numbers and sales Dollar General Dollar General Dollar Tree Dollar Tree Consumer behavior Consumer behavior Further reportsGet the best reports to understand your industry Get the best reports to understand your industry Contact Retail & Trade › General Merchandise Overview Dollar Store Industry Growth Leading Companies: Dollar General and Dollar Tree Shopping Behavior in Dollar Stores Statistics and Rankings Additional Statistical Insights
As the name suggests, dollar stores predominantly sell all their merchandise at the price of one dollar, typically selling inexpensive items. With a rising cost of living, and the negative economic impact of the coronavirus (COVID-19) pandemic restricting people's budgets, these discount stores have been one of the retail sectors to profit from recent events. The dollar store industry has grown rapidly throughout the United States in recent years. As of 2021, there were over 35,000 dollar stores across the United States, an increase of roughly 5,000 since 2017. Companies operating within the dollar store model, such as Dollar General and Dollar Tree, feature in rankings of the leading American retailers, showing the success of this business strategy.

Two companies dominating the U.S. dollar store market

Two major players in the U.S. dollar store market are Dollar General and Dollar Tree, which purchased Family Dollar in 2015. In 2021, Dollar General's net sales amounted to more than 34 billion U.S. dollars, while Dollar Tree generated revenues of over 26 billion U.S. dollars that year, although Dollar Tree's figure incorporates sales made in Canada as well. The two companies each operate upwards of fifteen thousand retail stores throughout the United States. Just like in net sales and the store count, Dollar General leads the way in consumer loyalty among U.S. dollar store brands, although Dollar Tree follows closely behind.

Shopping behavior in dollar stores

Dollar store consumers are generally shoppers who are on a tight budget and are looking to save as much as they can. In a survey conducted in 2021, when U.S. consumers were asked why they shop at dollar stores, the most common answer was that they are less expensive than other stores. However, other reasons also garnered a significant share of responses. Dollar store shoppers found them convenient and enjoyed browsing there. In the same survey, the goods most Americans said they purchase from dollar stores were household goods, such as cleaning supplies or toilet paper, and home decor and party supplies.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

Topic: Dollar Stores in the U.S. (1)

D. Tighe

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Published by D. Tighe, Dec 18, 2023

Key insights

U.S. retail sales
7tr USD

Topic: Dollar Stores in the U.S. (2)

Detailed statistics

United States: total retail sales 2020-2026

U.S. food & beverage store sales
947bn USD

Topic: Dollar Stores in the U.S. (3)

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United States: retail annual sales 2022, by store type

U.S. Discount department store annual sales
102.2bn USD

Topic: Dollar Stores in the U.S. (4)

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United States: discount department store sales 1992-2022

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Editor’s Picks Current statistics on this topic

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Market overview

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Dollar General

Dollar Tree

Consumer behavior

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Topic: Dollar Stores in the U.S. (39)

Topic: Dollar Stores in the U.S. (40)

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I am a seasoned research expert with a focus on shopping behavior, sports and leisure retail, and the subscriptions and direct selling industry. My in-depth knowledge of these domains allows me to provide comprehensive insights and analyses. As a testament to my expertise, I have delved into various aspects of the retail landscape, particularly the dollar store industry in the United States.

Now, let's delve into the concepts discussed in the provided article:

Retail & Trade › General Merchandise Overview

The article discusses the rise of dollar stores in the context of a rising cost of living and the economic impact of the COVID-19 pandemic. Dollar stores, known for selling merchandise at the price of one dollar, have witnessed significant growth in recent years, with over 35,000 stores in the United States as of 2021.

Dollar Store Industry Growth

The dollar store industry in the U.S. has experienced rapid growth, with a notable increase of approximately 5,000 stores since 2017. Dollar General and Dollar Tree, particularly after the acquisition of Family Dollar in 2015, are highlighted as major players in this market.

Leading Companies: Dollar General and Dollar Tree

Dollar General and Dollar Tree are two major players dominating the U.S. dollar store market. In 2021, Dollar General's net sales exceeded $34 billion, while Dollar Tree generated revenues of over $26 billion. Dollar General leads in net sales, store count, and consumer loyalty.

Shopping Behavior in Dollar Stores

Dollar store consumers are typically budget-conscious shoppers looking to save money. A 2021 survey reveals that consumers choose dollar stores primarily because they are less expensive than other stores. Commonly purchased items include household goods (cleaning supplies, toilet paper), home decor, and party supplies.

Statistics and Rankings

The article mentions the rankings of Dollar General and Dollar Tree among the leading American retailers, emphasizing their success in the retail landscape.

Additional Statistical Insights

The article provides statistics on various aspects of the retail industry, such as total retail sales in the U.S., retail annual sales by store type, and the sales of discount department stores.

In conclusion, the dollar store industry's growth, key players, and consumer behavior are essential aspects of the retail landscape, reflecting the broader economic trends and consumer preferences. The data and insights presented in the article provide a comprehensive overview of the dollar store industry in the United States.

Topic: Dollar Stores in the U.S. (2024)
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