U.S. Dollar Stores - Statistics & Facts

Published by Jan Conway, Jan 21, 2019
Typically selling inexpensive items, dollar stores or price-point retailers predominantly sell all of their merchandise at a single price. The dollar store industry has grown rapidly throughout the United States and North America in general in recent years. The stores tend to be located in smaller communities that are too small for Walmart's. Dollar store sales amounted to approximately 33.8 billion U.S. dollars in 2016. In that year, there were about 30,500 dollar stores across the United States. By 2021 that number is expected to grow to about 38,000.

The two major competitors of the dollar store format throughout the nation are Dollar General and Dollar Tree, which purchased Family Dollar in 2015. In 2017, Dollar General's net sales amounted to about 23.5 billion U.S. dollars and Dollar Tree generated about 22.2 billion U.S. dollars in 2017, albeit Dollar Tree's figure incorporates sales made in Canada as well.

The gap between mass merchandisers, supercenters and dollar stores is shrinking. A survey conducted in August of 2018 found approximately 60 to 65 percent of consumers across different generational cohorts have bought something at a discount store in the last three months.

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Dollar stores in the U.S.

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