99 Cents Reports Sales Increase — Supermarket News

By 99 CENTS ONLY STORES (99 CENTS ONLY STORES) [Public domain], via Wikimedia Commons

Discounters are making a comeback:

“The results provided further indication of a recent rebound among formats targeting low-income shoppers are now lapping the effect of changes in federal food assistance programs, which reduced monthly benefits and the number of recipients a year ago. In recent weeks, both Dollar Tree and Dollar General posted stronger quarterly sales, and Canada’s Dollarama on Thursday said its quarterly comps improved by 6.1%.

Supplier Takeaway

Reductions in SNAP benefits and other factors are reigniting the popularity of discount stores. Will you be seeking ways to work with this demographic?

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