Dollar Tree's CEO Says 'Everybody Is Hurting' In Today's Economy
1. DLTR's CEO notes increased traffic across all income levels amid economic struggles. 2. Store traffic rose by 0.7%, with transaction amounts up 1.3% year-over-year. 3. Higher-income households are increasingly shopping at Dollar Tree for savings. 4. Retail sector sees a trend of consumers shifting shopping habits for cost-saving. 5. Dollar Tree projects over $800 million from selling Family Dollar to private equity.