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Why Carry Dollar Merchandise in your Store?
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- Dollar Stores & Dollar Departments are the fastest growing retail outlets in the U.S., even outpacing mass merchants.
- Gross profit potential is high—blended cost average is 65¢ each.
- Margins on dollar goods are usually between 30% and 40%.
- While low to middle income consumers frequent dollar stores the most, higher income shoppers are the fastest growing segment.
- 65% of Americans shop the dollar class of trade.
- These shoppers frequent dollar stores once a month on average.
- The average basket total during a visit to a dollar store/ department is $13.
- The dollar business is relatively recession proof due to the low cost.
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