![]() ![]() Market holidays and trading hours provided by Copp Clark Limited. Doors are open here today (Saturday) from 9:00 am until 9:00 pm. The store is properly located to serve customers from the areas of Carrollton, Denton, Grapevine, Flower Mound, The Colony, Lake Dallas and Coppell. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Youll find pOpshelf situated at a prime spot at 201 N Summit Ave, in the west part of Lewisville ( not far from Valley Square ). Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account These products are more profitable than food, and the Popshelf concept was born out of Dollar General’s pre-pandemic strategy to add higher-margin goods to its merchandise mix.Ĭustomers often visit Dollar General for specific needs - a run out for milk or laundry detergent - but the company hopes shoppers who head to Popshelf will check out what’s new and leave with a few gifts and pillows. (DLTR) ends its 35-year strategy of selling everything for $1, which some analysts said risks alienating customers.ĭollar General executives said during an earnings call Thursday that they were accelerating their Popshelf strategy because the initial stores were exceeding expectations and were not taking away sales from its main banner.Īlthough Dollar General’s 18,000 stores sell mostly food, snacks, cleaning products and home essentials, Popshelf stores are stocked with home furnishings, party items, toys and beauty products for $5 or less. The brand expansion also comes as Dollar Tree (DLTR) outlets - which are also primarily suburban and geared toward middle-income shoppers - than traditional Dollar General locations. ![]() Popshelf stores are more similar to rival Dollar Tree There are currently 36 Popshelf stores open, according to the Popshelf website.Popshelf targets different customers than Dollar General's base of rural shoppers. By May, the Goodlettsville, Tennessee-based company had plans to open approximately 25 Dollar General and Popshelf combination stores, and up to an additional 50 Popshelf locations in various markets by the end of fiscal 2021. ![]() Dollar General initially unveiled the Popshelf concept in October 2020. Popshelf stores offer items such as beauty and seasonal products, toys, home décor and arts and crafts. And now Dollar General is looking to roll out more of its Popshelf stores, where most items cost $5 or less.ĭollar General said Thursday that it anticipates nearly tripling the number of Popshelf stores it has by next year and plans to have about 1,000 Popshelf locations by the end of fiscal 2025. ![]() Dollar Tree announced last month that it will be boostingprices to $1.25 for most of its products. Getting more bang for your buck used to be the mantra of dollar store shoppers everywhere, but times are changing – and prices are rising.Īs consumers continue to contend with escalating prices for food, clothing and other items thanks to inflation, discount retail chains like dollar stores are rethinking their pricing strategies. Please look at the time stamp on the story to see when it was last updated. This is an archived article and the information in the article may be outdated. ![]()
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