Dollar stores get shoppers looking for low prices, convenience - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

UBS survey shows dollar stores are rapidly creeping on grocery stores' turf, as fewer shoppers anticipate going to Kroger or Target

Join BI PrimeMore people say they are planning to shop at Dollar Tree and Dollar General than at Target or Kroger in the upcoming week, according to a UBS survey published on Monday.

UBS analysts have been conducting a biweekly survey of 1,000 consumers. Consumers were asked a series of questions about their upcoming shopping plans, including: "In the next week, which physical stores of the following retailers do you intend to visit, if any?" The most recent survey was conducted between April 24 and 26.

Notably, more people said they would be visiting these dollar stores in the upcoming week than those who said they would go to Target and Kroger, both of which have been popular destinations as people stock up on food supplies amid the pandemic. Both Target and Kroger fell down the list of stores shoppers planned to visit when compared to the week before.

"Dollar stores have likely gained from fill-in trips given the combo of value & convenience they offer," the UBS analysts wrote. , which measures foot traffic using aggregated data from mobile devices, found that dollar stores saw the expected drop in foot traffic during the third week of March, after President Donald Trump declared a national state of emergency and many states enacted stay-at-home restrictions.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

100% disagree. Larger grocery stores, including Target and kroger, will always dominate the grocery store environment. Especially with COVID-19 and social distancing concerns. Dollar store footprints are often small and chaotic.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Lord & Taylor prepares to liquidate all its stores: report - Business InsiderThe nearly 200-year-old department store chain has selected liquidators to operate its going-out-of-business sales, Reuters reports. They're lovely stores, but overpriced.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

McDonald's workers in corporate stores get May bonus amid coronavirus - Business InsiderMcDonald's is giving employees in corporate stores a 10% bonus in May as a reward for working during the coronavirus pandemic 10%? Miserable corporation There should be a bonus for every essential worker in America. As they should - people showing up for work during this shit deserve a bonus, not a pay-cut.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »