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More dollars at dollar stores
volunteertv ^ | Feb 16, 2009

Posted on 02/19/2009 2:16:48 PM PST by JoeProBono

The struggling economy has brought more dollars to dollar stores. As other companies head into the red, these national chains say they're seeing increased amounts of green.Shopper Sebrina Slade hasn't just changed product brands."We've never done the shopping here like we do now," Slade said.She's swapped stores. "I used to have a negative connotation about shopping at thrifty places, but that's a thing of the past," Slade said.Because of the current recession, Slade heads to the South Knoxville Family Dollar store at least once a month to try and save, just in case."I know FedEx has had some layoffs so that concerns my husband being a UPS driver," Slade said.National Family Dollar revenues for the fourth quarter fiscal year haven't been released yet. But, store managers says more shoppers, like Slade, are looking for "what a dollar will buy.""I would say we have an increase...because there are some days when I'm like ‘where are all these people coming from?’" manager Kim Huskey said.Family Dollars is not the only dollar chain cashing in. Dollar General's nationwide 2008 fourth quarter sales, which ended January 30th, 2009, jumped 11 percent from the previous year. Total sales for the 2008 fiscal year increased just more than 10 percent.Dollar Tree saw a nearly seven percent increase for its fourth quarter, which ended January 31st, 2009. Its total sales for the 2008 fiscal year jumped 9.5 percent.Shoppers say dollar stores used to be their one time quick stop spot. But now shoppers are hitting every aisle. And they're buying everything from food to toilet paper.Other shoppers have sought out bargains at other stores. Tammy Wright's looking for even cheaper deals. She searches Goodwill's aisles now more often than ever, at least once a week."We probably would at one time go to Target or Wal-Mart and even the mall. But you can't go to those places as much as you once did," Wright said. That's why Slade says dollar stores make sense in her budget.


TOPICS: Food; Miscellaneous
KEYWORDS: dollarstores; frugality; shopping; thrift
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To: Tax-chick

I’ve been using “Old Roy” biscuits to train my Yellow Lab pup (10 months old, today). Made in Arkansas. :)


21 posted on 02/20/2009 6:49:06 AM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: Diana in Wisconsin

Our greyhound doesn’t really like dog biscuits, but she loves the Chicken Strips. She also eats crayons :-(.


22 posted on 02/20/2009 7:14:12 AM PST by Tax-chick ("Global leadership means never having to say you're sorry." ~IBD)
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To: JoeProBono

Dollar Store and House Brand stocks will survive....


23 posted on 02/20/2009 7:23:50 AM PST by Freedom56v2
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