The Rise of Dollar Stores in the US

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Inflation has driven more middle income consumers into dollar stores. Two big chains have invested a lot of money installing freezers and coolers. Dollar general, last year they offered produce in about 3,000 stores. And this year they're going to push that to selling produce in 8,000 of their stores.

Santander is trying to poach some of Credit Suisse’s most senior investment bankers, UK prime minister Rishi Sunak looks to establish calm after deputy prime minister Domic Raab resigned last week, American dollar stores have to adjust for the age of inflation and UK therapist are pushing back on US mental health platform.

Mentioned in this podcast:

Santander moves to hire some of Credit Suisse’s top dealmakers

Dominic Raab resigns as UK deputy prime minister over bullying claims

America’s dollar stores get a makeover for the age of inflation

Therapists sound alarm on BetterHelp’s rapid UK expansion

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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