Posted on 04/10/2014 11:57:36 AM PDT by Responsibility2nd
Still, I gotta wonder if these dollar stores overbuilt? I can think of 4-5 within a five mile radius of my home.
Yes, they did.
When we go to my wife’s aunt’s house the running joke is that it takes 5 dollars stores to get there.
I think a lot of retail has been overbuilt. It seems as if there are a couple supermarkets on every corner.
Almost certainly a direct result of the unjust and unconstitutional and economically stupid minimum wage laws.
Seems there’s one in the SC upstate every 2-3 miles or so. Convenient though.
Family Dollar was never a “dollar” store anyway....and yes, they’re probably way overbuilt....I know of one Family Dollar that is across the street from a Dollar General....
That is going to hit rural areas real hard.
Thanks Obama.
Yeppers. To me a true dollar store is Dollar Tree. Its our family’s favorite. Although - like all dollar stores - it depends on the owner/operator. Some are so trashy and not well kept.
We have a fairly new “Dollar General” store nearby; it isn’t really cheap, and seems to target only people living close by (the prices wouldn;t justify traveling any distance to get there). Lower prices are matched by smaller packaging, and it is obviously run on a tight budget; the few employees are all cashiers/stock boys/janitors (which means you wait on line a lot).
Not surprised if these stores don’t do well if there is a Wal-Mart anywhere in the general vicinity; they can’t beat them on prices, and while I thought Wal-Mart had limited variety these dollar stores re-define “limited variety”.
Dollar General hardly sells anything for a dollar other than a pack of chewing gum or a candy bar and with tax, it might be cutting it close to being over a dollar.
BUT, I much rather go into one of those stores if I need to pick up a gallon of milk or a couple of other items than the Wally Mart a couple of block down. I can get in and out much faster.
Along with a good handful of "Dollar Tree" and "Family dollar". And the usual Walmart and CVS and Walgreens, and Grocery Stores, too.
In my neighborhood, they're putting in one of those new "WalMart Neighborhood" stores (a stripped down WM). That'll likely put a stake through Dollar General's heart.
/johnny
Noooooooooo! We LOVE FD!
Big Lots did likewise in 2012. Like you said, "when dollar stores are not doing well, then what does that say?"
The article did go on to say that even Walmarts are targeting dollar stores.
Its a dog eat dog world out their for retailers.
For everyone, really.
We have a strip mall about a mile from us that has a Family Dollar, Goodwill, Dollar General and a 99 cents only store.
I always thought dollar stores replaced five and dimes and took chunks out of the growth rate of nationwide pharmacies like CVS and Walgreens that charge an arm and a leg for convenience store type goods. Family Dollar has always struck me as the worst of the dollar stores - bad locations, bad decor and overpriced merchandise. Customers who want overpriced merchandise can go to Walgreens and CVS, where the shopping experience is superior. Dollar stores could really bump up their sales by adding a prescription counter.
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