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Stock impact report

As inflation rises, middle-class shoppers flee to no-frills dollar stores to stock up on essentials [MSNBC.com]

Dollar Tree, Inc. (DLTR) 
Last dollar tree, inc. earnings: 3/4 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: dollartreeinfo.com/investors
Company Research Source: MSNBC.com
As inflation continues to push up the price of consumer goods, shoppers from higher income levels are starting to abandon their regular grocery store in favor of a new favorite: the dollar store.These no-frills retail stores, where shoppers can buy everything from cotton underwear to toothpaste for around a dollar, have traditionally served low-income and rural shoppers with few options to stock up on what they need. But over the course of the pandemic, middle-class shoppers have streamed into dollar stores for their essentials.Some Dollar Tree items will now cost more than a dollarSept. 30, 202100:27Shoppers swapping out higher-ticket items at big-box stores for dollar items "continue to exceed our expectation retention rate," Todd Vasos, CEO of Dollar General, told investors in an earnings call Thursday.In September, he said the company continues to "service even a broader subset of the consumer base" while "trying to find ways to even appeal to a more broader cross-section of Ameri Show less Read more
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