In the market to deck out your kitchen for $20?
Dollar Tree, where everything from toiletries to food to cleaning supplies to home decor is priced at $1 or less, plans to open 350 stores this year, including three on Long Island, said Kayleigh M. Painter, spokeswoman for Chesapeake, Virginia-based Dollar Tree Inc.
The following local Dollar Tree stores are planned:
- A 10,500-square-foot location will open in a small, newly renovated shopping center at 20 Smith St. in Farmingdale, near the Adventureland amusement park on Broadhollow Road in late summer.
- A store with 9,500 square feet will open at 1626 New York Ave. in Huntington Station in late spring. The store will be in a small retail building encompassing 11,600 square feet that's under construction, according to AD Real Estate Investors Inc., the Great Neck company that owns the property.
- An approximately 14,500-square-foot store is slated for a now-undisclosed location in Riverhead in late spring
As of Nov. 3, there were 6,923 Dollar Tree stores in the United States and Canada, including 48 on Long Island.
Chalk up the bargain boom, in part, to consumers’ growing demand for discounts. Dollar stores, including Family Dollar, which also is owned by Dollar Tree Inc., and Dollar General, are also gaining bigger shares of the grocery market.
“They are quietly becoming very influential food retailers,” said Jon Hauptman, senior director of Inmar, a retail industry analytics company based in Winston-Salem, North Carolina.
Though most don’t sell fresh fruits or meats, dollar stores are now feeding more Americans than Whole Foods, according to a December report from the Institute for Local Self-Reliance, a nonprofit based in Washington, D.C.
Still, there is debate over whether dollar stores hurt full-service grocers by steeply undercutting their prices.
Retail Roundup is a column about major retail news on Long Island — store openings, closings, expansions, acquisitions, etc. — that is published online and in the Monday paper. To read more of these columns, click here. If you have news to share, please send an email to Newsday reporter Tory N. Parrish at firstname.lastname@example.org.