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12/06/2011

What a difference a recession makes: Dollar store boom good for retail landlords

SAN FRANCISCO, CA --  There was a time when a dollar store was a stigma for a shopping center.  They were thought to lower the center's appeal, draw 'undesirable' consumers, and upset the other center tenants.
    Not now as this report from Chain Store Age reveals:

Dollarstores

 

Seattle -- The combined store count of the four national dollar store (or extreme value) chains — Dollar General, Dollar Tree, Family Dollar and 99 Cents Only — has now surpassed that of the three biggest national drugstore chains (Walgreens, CVS, and Rite Aid), according to a new report  by Colliers International, the third-largest commercial real estate services company in the world. 
READ MORE...via chainstoreage.com

Posted at 08:16 AM in Economy, Real Estate Market, Retail and Consumer Behavior |

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