Dollar General analyst reworks stock price target after strong recovery originally appeared on TheStreet.

If you're anywhere near Weedsport, N.Y., this weekend, you might want to stop by 8881 South Seneca Street.

That's where Dollar General  (DG)  is holding a grand opening on June 28 for its relocated store. The Cayuga County village, half an hour west of Syracuse, is the birthplace of the silent-film actor Justus D. Barnes, who played a major role in "The Great Train Robbery."

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The first 50 adult customers will receive $10 gift cards, and the first 100 shoppers will get Dollar General tote bags.

“We are excited to reopen our relocated store in Weedsport and celebrate with the local community,” Matthew Simonsen, the chain's senior vice president of real estate and store development, said in a statement.

Related: Dollar General CEO turns heads with earnings call comments

Discount and dollar stores are seeing renewed growth in 2025, outperforming other nondiscretionary retail sectors, as economic uncertainty drives consumers to prioritize value, according to Placer.ai.

Dollar Tree  (DLTR)  and Five Below  (FIVE)  were outperforming the category based on year-over-year growth, while Dollar General was leading in visitor loyalty.

Dollar General and Dollar Tree have seen an increase in loyal visitors, defined as people who visit three or more times a month, compared with last year, Placer.ai. said.

Dollar General's level of loyal visitors, 36% shopping three times per month, is considered very high.

"Dollar chains are primed to be an asset to consumers as economic and financial uncertainty continues, but consumers may also continue to be more discerning overall," the analytics platform said.

These stores "must continue to innovate and expand assortments, particularly in grocery, to stay competitive as warehouse clubs and superstores also vie for attention."

Related: Analysts reboot Olive Garden parent's stock price targets as earnings loom

While consumer sentiment improved in June — the first increase in six months — it remains historically low and significantly below the level of a year ago, according to the University of Michigan's survey.

“Consumers’ fears about the potential impact of tariffs on future inflation have softened somewhat in June,” said Joanne Hsu, the survey’s director.

"Still, inflation expectations remain above readings seen throughout the second half of 2024, reflecting widespread beliefs that trade policy may still contribute to an increase in inflation in the year ahead."