Dollar stores proliferated across the US as the economy sank into a recession, but instead of tapering off, demand for the sector’s cheap goods increased after a recovery took hold.
Dollar stores remain one of the few portions of the retail sector impervious to e-commerce, and that attracts both developers and investors.
But after several years of energetic buying, institutional investors have backed off, according to The Boulder Group’s new report on the net lease dollar store sector. The pause should open up opportunities for others, especially since builders have maintained a robust pace of new construction.
More info at GlobeSt:
Institutional Buyers Hit Pause On Dollar Stores