Dollar Tree Faces Backlash From Price Hikes: Will That Hurt Real Estate Investors?
While many retailers struggled immensely during the pandemic, one breed of retailer shined: dollar stores. At a time when consumers had to be cash-savvy, dollar stores came to the rescue, allowing customers to load up on household essentials on the relative cheap.
At this point, the U.S. economy is in a much stronger place than it was in 2020 and the first half of 2021. But the flip side of that is that inflation has been rampant since last summer, putting a strain on consumers' wallets.
Retailers are feeling the crunch, too. Between general inflation and supply-chain bottlenecks, it's been costing retailers more to procure inventory. And some chains now have no choice but to pass those higher costs on to their customers.
Source Fool.com