Home Stock Dollar stores are struggling to win over bargain hunters — here’s why

Dollar stores are struggling to win over bargain hunters — here’s why

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There are several reasons for this:

1. Competition: Dollar stores are facing tough competition from online ecommerce giants like Amazon and Walmart. These companies offer wide varieties of products at competitive prices, along with benefits such as free shipping and frequent sales discounts. They also make the shopping process easier and more convenient.

2. Perception of Quality: Many customers perceive products sold at dollar stores to be of lower quality. While this may not always be true, the perception can keep people from shopping there.

3. Pricing

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