Elijah Nouvelage for The Washington Post via Getty Images Dollar stores have historically seen great success during times of economic uncertainty and high unemployment. And the coronavirus pandemic appears to have offered major dollar store chains such an opportunity. Dollar General and Dollar Tree hosted earnings calls on Thursday. Dollar General posted triumphant numbers, while Dollar Tree saw a dip thanks to dampened Easter sales. However, analytics indicate that both dollar stores businesses remain poised to continue winning over consumers looking to pinch pennies in an uncertain economy. Visit Business Insider's homepage for more stories. The coronavirus pandemic has proved to be a nightmare for many retailers, but the dollar store business appears to have remained as sound as a dollar despite the tough times. Dollar General and Dollar Tree each reported earnings this week.
Similar Stories to Shoppers Flooded Dollar Stores To Stockpile Cheap Goods During The Pandemic — Here's Why That's Been A Major Boon To Dollar Gene on Bing News
feedback@businessinsider.com (Áine Cain), Business Insider
Sat, 05/30/2020 - 7:30am
Topics: elijah nouvelage the washington post getty images easter visit business insider goodlettsville tennessee-based target family dollar marketwatch business insidernow watch lowe home depot dollar general the dollar dollar general dollar tree walmart shoppers pandemic major earnings retailers coronavirus times reported paid appears massively strategy sales
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