Yonhap Infomax NewsDollar Tree and other US discount retailers are seeing a surge in high-income shoppers as persistent inflation drives even affluent consumers to seek value, with Dollar Tree reporting that 60% of its 3 million new customers in the past quarter earned over $100,000 annually.
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More High Earners Flock to Dollar Stores as US Inflation Squeezes Spending
Dollar Tree and other US discount retailers are seeing a surge in high-income shoppers as persistent inflation drives even affluent consumers to seek value, with Dollar Tree reporting that 60% of its 3 million new customers in the past quarter earned over $100,000 annually.