Dollar Tree Faces Tightening Consumer Wallets as Multi-Price Strategy Gains Traction
Dollar Tree(DLTR) PYMNTS.com·2024-12-05 02:44
Shopper discretionary spending trends are impacting Family Dollar parent company Dollar Tree, as paycheck-to-paycheck consumers continue to feel squeezed in an uncertain economy.Dollar Tree, which operates more than 16,000 stores across the U.S. and Canada, faces a challenging retail landscape as inflationary pressures weigh on shoppers, especially those from lower-income households.“One of the keys we’re seeing is our customers are focusing on their needs,” Dollar Tree Interim CEO Michael Creedon told with ...