Dollar Stores Are Leeching the Economic Vitality of Communities Across the U.S.
A recent report from the Institute for Local Self-Reliance reveals some shocking facts: In 2021, half of the new stores opened in the U.S. were chain dollar stores. Moreover, Dollar Store and Dollar Tree (which are part of the Family Dollar system) together operate more than 34,000 stores. That’s more than McDonald’s, Starbucks, Target, and Walmart combined.
How did we get to this point, how does this transformation in retail affect local economies, and what can communities do to protect themselves from this "dollar store invasion”? Stacey Mitchell, co-executive director of the Institute for Local Self-Reliance and one of the authors of the aforementioned report, joins Chuck Marohn today on the Strong Towns Podcast for this conversation.ADDITIONAL SHOW NOTES
Read The Dollar Store Invasion report from the Institute for Local Self-Reliance.
Institute for Local Self-Reliance (website).
Stacey Mitchell (Twitter).
Chuck Marohn (Twitter).
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