Posted on 11/29/2022 12:47:23 PM PST by Diana in Wisconsin
Dollar Tree is known for its great prices on holiday decorations and party supplies, but as food prices continue to hit budgets hard, shoppers are turning to this discount store to get their groceries.
According to Winsight, Dollar Tree’s same-store sales of consumables outpaced discretionary sales for the second straight quarter, the retailer reported, with a 9.3% comparable in food and beverage, snacks and cookies, and candy.
Same-store sales of food and beverages grew by 4.7% and the chain saw overall same-store sales growth of 4.1%, Winsight noted. The company’s overall same-store sales increased by 8.6%.
“We are increasing our sales outlook for the year. The efforts to evolve the assortment to drive consumables performance at Dollar Tree, combined with initiatives designed to improve the value proposition at Family Dollar, are working,” said Mike Witynski, Dollar Tree President and Chief Executive Officer in a company statement. “We believe we will continue to be part of the solution to millions of households seeking value at a time when they need us most.”
Dollar Tree has made several investments in its food merchandising, said Winsight, and the chain has seen increasing interest in its private label items. Witynski also told analysts that SNAP and food stamp business is growing as shoppers are “shifting into the consumables and needs-based to make their budget happen,” Winsight reported.
Dollar Tree plans to continue its focus on increasing frozen and refrigerated offerings, as well as over-the-counter drug and health items, paper products and food as it looks to expand its owned private-label brands.
(Excerpt) Read more at finance.yahoo.com ...
Windmill cookies are great. We used to buy them in bulk.
There are plenty of good deals to be had at .99 cent / Dollar Tree stores despite some of the commentary to the contrary on this thread. Greeting cards, toothpaste, fresh berries, fresh salsa, left over containers, Salad bags, name brand Canned Soup and many more items.
Yes some items are catered for these Stores as they come in smaller sizes and on a per oz. basis they may not be a great deal such as A1 sauce, Frank’s hot sauce... but we don’t use a lot so we aren’t tossing expired product when we buy full size bottles elsewhere.
“However, if he had to start looking for me, he would know my routine and know where to start. I’m a woman of routine and habit.”
Well once you have a route figured out to it’s best efficiency, wise to stick with it. :)
Oooo! Insider tips! I love it! Thanks! :)
“...something along the lines of Dollar Plus ($+).”
We have a local store named, ‘Five Below’ and everything is $5 or less.
Another favorite of my Mom’s, though I’ve never been. ;)
Yes! An old school ‘treat’...
:)
Agreed. Potted meats are cheap to stock up on for your bug-out bag. Don’t forget the can opener! ;)
Swingaway can opener, not the crap ones at DT. :^)
but how often have you bought something past the best by date ?I do not look, and it is very unlikely it would be past the BSD (best sell date) where I buy food, but I would buy things like canned goods (watch the tomato products though), pasta, dried fruit, no or low fat sugar products, etc. if such was cheaper - depending on how far past the BSD they were.
However, I was referring to surplus food which we are blessed to be able to distribute free, and we use some ourselves, most usually left over after the main distribution or at least before I throw it out. We keep our refer very cold, and among other items, I have often eaten boxed salads with chicken in them a few day past their BSD. Heated for 2 minutes in the micro, with tomato sauce (which I usually put on just about every main staple!).
Then there is other salvage. I just rescued some old bananas from the trash, cutting off the bad parts and freezing the rest to be used later. Last week I saved about a dozen apples not one wanted due to bruises. Scrub/wash, cut out bruises, core, and place on top of a layer of oatmeal and cinnamon and sugar, drizzle with lemon juice and a little honey, sprinkle more of the oatmeal mixture on top, and back until soft. Somewhat later maybe play basketball (mainly defense) if opportunity comes. We have cans of beans that are over a decade old, I guess they could be used in a dire need, though the fat content is an issue.
So it is more than about saving money, but not letting things go to waste as stewards of what God gives us, while being informed and reasonable about actual heath risks. I am sure FReepers over on the weekly garden thread have their own stories. As well as the Preppers whose threads Pollard's home page can direct you to, which at one timer saw over 10,000 posts!
Thank God for His mani-fold grace.
Walmart might lose the ramen war. Their cheapest ramen is currently at $1.18 Most are $1.50
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