Dollar Tree, Inc. operates a discount variety store chain in the United States. The Company sells an assortment of everyday general merchandise. Dollar Tree offers kitchen and dinning, toys, books, crafts, cleaning, personal care, glasses, food carriers, gifts, and other household products.
The beleaguered grocery sector faces a new threat: the possible loss of tens of billions of dollars of spending by low-income shoppers.
At a time when many retailers have been closing stores, Dollar General (NYSE: DG) has been adding them at a furious pace. The discount chain plans to open 1,000 new locations in 2017, after it added 900 in 2016. Also last year, it purchased 41 Wal-Mart Express locations after the giant retailer dropped that concept, and relocated 40 of its existing stores to those larger sites.