Dollar stores getting crushed sends ominous signal about US economy: Consumers are 'tapped out,' expert warns

Published On Sep 10, 2024, 9:32 AM

Dollar stores like Dollar General, Family Dollar, and Dollar Tree are experiencing significant financial difficulties, signaling a concerning trend for the U.S. economy. Analysts suggest that lower-income consumers, who are typically the primary customers for these stores, are cutting back on spending due to financial constraints exacerbated by inflation. Industry experts warn this trend may indicate consumers are 'tapped out' and hint at potential recessionary conditions.