Wealthier shoppers at the Dollar Tree

By

Jean-Manuel Izaret

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Is persistent inflation luring wealthier consumers into the dollar-store market? Their share of shoppers earning over $100,000 per year is growing, and slightly wealthier consumers are the fastest-growing demographic at Dollar Tree stores. In the meantime, Dollar Treeโ€™s pricing seems to occupy the best of both worlds, with options at the low end and an increase in its price ceiling from $5 to $7. Has inflation changed how and where you shop?

Dollar Tree to increase max price in stores to $7, reports higher income shoppers