As the economic recession continues, many Americans are cutting back on the purchase of non-essential items. As a result of consumers spending less, and department, clothing, and other specialty stores are finding the current economic client tough to survive.

Today’s consumer is looking for frugal options to help them manage their shrinking household budget. On our site, we closely monitor the types of new store openings being registered through our retail startup calculator and new store opening guide sign up forms. At NewStoreOpening.com, we were not surprised to find that the most popular store types being opened are dollar/discount and thrift/consignment stores. The most critical decision a new retail business owner may make is no longer location but instead what type of store to open.