As Big Retailers Swoon, Dollar Stores Enjoy Boom
As mainline retailers throttle down on store openings, us dollar stores continue to expand, catering to the growing numbers of shoppers looking to save money on everything from tools to toys to bath supplies.
Dollar stores are one of the few stores right now that are expanding. They typically do well when the economy is not going well as everyone is looking for bargain deals. US Dollar Store in India are opt for retail franchise route for expansion/franchise PAN-India and do sell everything at a fixed price of Rs. 99 in stores.
US Dollar Store 99 is on an expansion tear as well, adding 30 plus new stores so far this year nationwide.
Known in the retail trade as "super discounters," dollar stores aim to undersell mainstream retailers by stocking leftovers, low-priced house brands, surplus goods or overruns acquired at sharply discounted wholesale prices. Not to miss the merchandise is procured from various countries from America, Canada, Thailand, Europe, UAE, China etc.