Trends · data through September 2026

Discount Stores in Indianapolis-Carmel-Greenwood, IN

Iceflower tracks 334 stores from 32 discount store chains in Indianapolis-Carmel-Greenwood, IN. Five Below grew fastest over the last year, ahead of Dollar General and Dollar Tree.

Rankings come from real card and bank transactions across a panel of 130M+ US and EU consumers. We publish relative growth and rankings, never revenue figures. About the data

Tracked chains
32
Tracked stores
334
Consumer panel
130M+

Growth ranking

Fastest-growing tracked discount store chains

Ranked by year-over-year growth of share of tracked local spend. Arrows show movement in the rankings since last year. Each dot in the chart is one tracked chain: bigger market position to the right, faster growth higher up, more tracked stores in a bigger dot. Colors match the store map below. Five Below and Dollar General sit in the high-growth half.

# Chain YoY growth
RankChainRank movementYoY growth
1 Five Below - +15.7%
2 Dollar General - +3.3%
3 Dollar Tree - +2.0%
4 Family Dollar - -7.0%
5 Roses Discount Store ▲1 -37.7%
6 Big Lots ▼1 -98.9%
  • Dollar General
  • Dollar Tree
  • Family Dollar
  • Five Below
  • Ollie's Bargain Outlet
  • Roses Discount Store
  • Circle City Bargains
  • Other tracked chains

Store footprint

Store map

334 tracked store locations in Indianapolis-Carmel-Greenwood, IN. The 7 largest tracked chains are highlighted. The top 5 chains by store count run 300 of the 334 stores (90%); 24 of the 32 tracked chains have a single store here. 12% of the tracked retail stores here are discount stores, against 15% across Indiana.

  • Dollar General (130)
  • Dollar Tree (77)
  • Family Dollar (63)
  • Five Below (17)
  • Ollie's Bargain Outlet (5)
  • Roses Discount Store (3)
  • Circle City Bargains (1)
  • Other tracked chains

Top tracked chains by store count

  • 1 Dollar General 130
  • 2 Dollar Tree 77
  • 3 Family Dollar 63
  • 4 Five Below 17
  • 5 Big Lots 13
  • 6 Ollie's Bargain Outlet 5
  • 7 Roses Discount Store 3
  • 8 Bulldog Liquidators 2
  • 9 The Markdown Store 1
  • 10 Frosty Finds 1
  • 11 American 13 Bargains 1
  • 12 Washington Discount 1
  • 13 Burns Bargain Center 1
  • 14 Indy Bargains LLC 1
  • 15 Falling Prices Greenwood 1
  • 16 Three Dollar Flea Market 1
  • 17 A to Z Liquidation Store 1
  • 18 Cardinal Wholesalers 1
  • 19 Dianna's Closet 1
  • 20 Little Bit of Everything 1
  • 21 Indy Bargain Warehouse 1
  • 22 Anderson Bargain Bins 1
  • 23 Gaskin Fantastic Finds llc 1
  • 24 Black Friday The Store 1
  • 25 pOpshelf 1
  • 26 Chacharas Chuchin 1
  • 27 Blessing Discount Store 1
  • 28 Ocean State Job Lot 1
  • 29 American Discount 1
  • 30 Barton's Discounts 1
  • 31 WOW Bargain Deals 1
  • 32 Circle City Bargains 1

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