Are Dollar Stores Convenience Stores?
Grocery store shopping trips down, research shows CHICAGO — Dollar stores are quickly beginning to “nickel-and-dime” food retailers out of a big chunk of business, says a report in the Los Angeles Times. And consumers are shopping less frequently in traditional grocery stores, while they are increasing their trips to supercenters like Wal-Mart and dollar stores, according to the latest “channel blurring” study from ACNielsen U.S. With lower-income families and retirees continuing to make up a greater percentage of the population, there’s never been more demand for bargain havens such as 99 Cents Only Stores, Family Dollar Stores Inc. and Big Lots Inc.’s Pic ‘N’ Save stores, the report says. And as theyre growing, theyre gaining increasing clout with manufacturers and access to better merchandise. Some packaged-goods companies such as Nestle are even beginning to test-market special products or assortments geared toward low-income families at these stores rather than at supermarkets, a
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