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Dollar stores see 17% sales increase vs. a year ago

And gas and convenience stores saw the largest sales declines

September 11, 2023

1 Min Read
Dollar stores see 17% sales increase vs. a year ago.jpg
Sales are down across all general merchandise categories (-14%), especially electronics (-18%) and toys (-20%).Getty Images

Numerator continues to track purchase data and survey verified buyers to understand shifts in consumer behavior. The Shopping Behavior Index tracks buying across a dozen key retail channels to provide a comprehensive view of omnichannel consumer behavior. Here’s what was learned from the latest update: 

  1. Overall sales were flat in the first week of August, though sales remained up in select channels, particularly dollar stores ( 16% vs YA), restaurants ( 13%), and club ( 4%)

  2. Gas and convenience stores saw the largest sales declines (-19%)

  3. Consumers are making 17% more trips to dollar stores this year than last

  4. Nearly all channels are seeing higher spend per unit, except for online (-15%), where shoppers are increasing volume sales on lower-priced goods

  5. Sales of CPG products remain slightly above year-ago levels ( 4%), though the baby sector was the only one to see declining sales in recent weeks compared to last year (-8%)

  6. Sales are down across all general merchandise categories (-14%), especially electronics (-18%) and toys (-20%)

  7. General merchandise products also saw declines in spend per unit (-8%), units (-7%), and trips (-5%)

 

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