Dollar Stores performing well in Current Economic Crisis
Customers that have been hit economically are not the only ones that have profited from Dollar Stores. Dollar Store stocks are outperforming other retail stores, making them a good bet for investors, despite our current recession.
With a healthy 42% rise this year, Family Dollar shares have become the top performer of the S&P 500 index. Dollar Tree (46% increase) and 99 cent Only Stores (54% increase), which are not yet on the S & P 500, have even done better than Family Dollar Stores.
While dollar stores continue to improve, other retail stores have been suffering. For example, shares of department store chain Macy’s fell 62%, drugstore chain Walgreens fell 38% and electronic store chain Circuit City fell 60% in a day after filing for bankruptcy protection.










