Times have certainly changed. Foot Locker isn't even a tenant of the beautiful Woolworth building in NYC any more. It used to have a sneaker store there. The building looks like a massively-tall church, a veritable Cathedral of Commerce:
Posted on 04/10/2014 11:57:36 AM PDT by Responsibility2nd
NEW YORK (AP) — Dollar stores are feeling the pinch from mounting financial pressures on low-income shoppers.
Family Dollar said Thursday that will cut jobs and close about 370 underperforming stores as it tries to reverse sagging sales and earnings. The discount store operator will also permanently lower prices on about 1,000 basic items.
Family Dollar Inc., which operates 8,100 stores, did not provide details on how many jobs it would cut.
~SNIP~
Dollar General, the nation's largest dollar-store chain with 11,100 locations, offered a weak profit outlook last month after reporting weak fourth-quarter sales. And Dollar Tree, which operates about 5,000 locations, missed profit expectations for the holiday quarter in February.
Family Dollar has stumbled even more than its rivals because it has made mistakes in pricing, merchandising and the locations of its stores, analysts say. Still, the industry's problems are a big departure from a few years ago, when Family Dollar and other chains packed in customers and expanded rapidly by catering to cash-strapped people during the Great Recession.
(Excerpt) Read more at tbo.com ...
Si, comprende.
I was just chatting with a friend that a supermarket chain up here (Market Basket) has the “EBT Eligible” signs plastered all over the Goya aisle in their stores.
Ridiculous.
One of my first on force.com service gigs was pulling the technology related equipment and dropping the boxes off. Good job and paid OK.
“Ridiculous.”
C’mon; our southern brethren are coming here to work, remember? /s
speaking of Woolworths, I loved that little store....I could do may entire Christmas shopping for 4 brothers and a sister and Mom and Dad there for $2-$ when I was a child.....best of times back then....
That sounds like a strip mall I would never visit.
.
DG is not a real dollar store. More like a $3 store like walmart. They will get killed by the walmart neighborhood stores that are popping up all over.
Oh yes...work, work, work!!! Si!!!
The PJ wearers I’ve seen are typically Caucasian.
Here it is a mixed bag (as the Anglos fade away); northern NJ is becoming very Hispanic.
I think so-there are two-Family Dollar is one of them-just over 1/4 mile from each other-in the dead tourist community of maybe 500, that has a general store/grocery as the busiest place-just the same, thanks, Obama for making this community a dead zone...
I just echoed your sentiments...
And that is fine-we do not want any more of his “care”-he’s done enough damage...
We have one Dollar Tree reasonably close to my home. Used to carry some great food items but lately their cupboards are generally bare. Manager says they only restock on Sunday evening, can’t get a lot of things they order and by Tuesday everything is gone. Still is a great place to get greeting cards, seasonal or holiday stuff and some cleaning supplies - just no food.
They can’t close MY Dollar Tree. They sell my favorite Louisiana hot sauce there.
speaking of Woolworths, I loved that little store....I could do may entire Christmas shopping for 4 brothers and a sister and Mom and Dad there for $2-$ when I was a child.....best of times back then....
_________________
I remember walking through the local 5 and dime and just being entranced with the counters full of different purses and changepurses. loved all the different items. I did my family shopping there.
I have a similar count on those stores in my area but most of them seem to be well-patronized.
I live in the boonies-it is over 25 miles to the nearest Walmart for me-and that is fine-we all like something different-if I wanted a big box store next door, I’d live in a city...
Times have certainly changed. Foot Locker isn't even a tenant of the beautiful Woolworth building in NYC any more. It used to have a sneaker store there. The building looks like a massively-tall church, a veritable Cathedral of Commerce:
How do you make pricing mistakes at a dollar store?
I have fond Christmas memories of shopping at Woolworth’s as well. As a kid, your spending money went a little farther.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.