Dollar Tree - Discount Chain Profits From Increased Customer Traffic due to High Cost of Living!

Driving Business: Dollar Tree Stores (DLTR). The discount retail chain can benefit from increased customer traffic due to its wide range of products, which includes food and beverages, household goods, beauty and hygiene products, and more, in the ongoing inflationary environment. Many consumers are more mindful of their spending while shopping amidst the continued high inflation and rising cost of living, leading them to shop more at discount stores. Recently, Dollar Tree has further strengthened its position in this segment by acquiring around...