An Unlikely Type Of Store Is Expected To Defy The Curse Plaguing Retail And Crush Black Friday

Black Friday has certainly lost some of its luster. This year it may even lose its title as the biggest shopping day of the year. But one type of retailer is predicted to thrive this Thanksgiving week: dollar stores. According to data from location tracking company Foursquare, discount stores, such as dollar stores, are gaining in foot traffic this year as Black Friday approaches. While most retailers are expecting a slump in foot traffic, Foursquare predicts that the number of visits to dollar stores this year will exceed the last two years. Typically, discount stores don’t experience the Black Friday boost that retailers like Macy’s and Walmart rely on to increase sales, according to Foursquare. Dollar stores and other similarly deeply-discounted retailers usually gain momentum later in the holiday season. But this year, dollar stores are predicted to pull off a Black Friday win for two reasons. Read more at Business Insider.