Economic uncertainty and discount prices (of course) are driving consumer traffic to discount and dollar stores, according to a new report from Placer.ai.
This segment performed well in Q2 and that trend is expected to continue as discount stores have benefitted "from an economy feeling the after-effects of the pandemic and persistent inflation," according to Placer.ai reporter Bracha Arnold.
Arnold said that strength has carried into the second half of the year as many of the chains expanded their footprints.
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