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Battle for Poor Shoppers Fuels Dollar-Store Deal
Wall Street Journal ^ | July 28, 2014 | By Paul Ziobro and Shelly Banjo

Posted on 07/28/2014 6:19:46 PM PDT by ConservativeStatement

The battle for America's poorest consumers intensified Monday with Dollar Tree Inc. agreement to buy rival Family Dollar Stores Inc. for about $8.5 billion.

The chains thrived during the recession as the number of working Americans living in poverty increased by nearly 40%, according to the U.S. Bureau of Labor Statistics.

The stores appealed to cash-strapped shoppers with bargain-basement prices and locations that were closer to their homes than many Wal-Mart supercenters. The smaller package sizes of everyday items like laundry detergent and cereal fit into the budgets of consumers living paycheck to paycheck.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Front Page News
KEYWORDS: dollarstores; economy
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To: babygene

Same here. On some stuff their prices just can’t be beat. I came out of the 99c store one day and there were 4 older people standing by my new Jag. They said....we just wondered who was driving this beautiful car at the dollar store. I said...yeah I shop here, that’s why I can afford it. They laughed.


41 posted on 07/28/2014 8:44:21 PM PDT by sheana
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To: 2ndDivisionVet

Oh, dear.


42 posted on 07/28/2014 8:47:55 PM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: ConservativeStatement

If any FReepers see boxes of Larry the Cable Guy’s Beer Bread Mix at a dollar store, get some. I just made my first loaf yesterday and it was a big hit. Gonna get multiple more boxes on my next visit there. All you need is the bread mix, one room-temperature beer and 3 Tbsp of butter and you’re good to go. I bought it as a joke and was pleasantly surprised.


43 posted on 07/28/2014 8:50:02 PM PDT by Two Kids' Dad (((( ))))
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To: therut

Old man Rockefeller used to hand out dimes during the Great Depression


44 posted on 07/28/2014 8:51:16 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: PGR88
"I bought some cheese slices at a Dollar Store - got them home and realized they didn’t actually contain any dairy at all."

= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =

Maybe you should have paid with phony money.


45 posted on 07/28/2014 9:12:41 PM PDT by Heart-Rest ("Our hearts are restless, Lord, until they rest in Thee." - St. Augustine)
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To: Heart-Rest

Good place to buy holiday items and plastic flowers for the graves.


46 posted on 07/28/2014 9:28:53 PM PDT by Ciexyz
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To: ConservativeStatement
Dollar Tree is a good place to buy books. You can pretty much always find an interesting novel there, plus political books. I got Andrew Breitbart's Righteous Indignation and Game Change there, for example. The former was great, the latter cheesy, but cheesy in an enjoyable way, like eating McDonald's.
47 posted on 07/28/2014 9:32:03 PM PDT by eater-of-toast ("It is much more important to kill bad bills than to pass good ones." --Calvin Coolidge)
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To: ConservativeStatement

This article repeats some of the dumbest shibboleths around. The reality is that five-and-dimes always had an audience. When Woolworth’s closed its stores, a cavernous niche was created. Drugstores like Walgreens and CVS filled some of the gap, but their prices have shot up into the stratosphere, making visits there like getting a loan from the local legbreaker. Dollar stores are reinventing the five-and-dime. In an era of high gas prices, there is no reason to drive out to the Walmart or pay the local chain drugstores’ extortionate prices when a dollar store is round the corner.


48 posted on 07/28/2014 9:40:48 PM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: PGR88

Well let me tell ya about Velveeta, it’s been around since 1918.


49 posted on 07/28/2014 9:41:53 PM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: Zhang Fei

bttt


50 posted on 07/28/2014 9:55:16 PM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: ConservativeStatement

Obama has made so many poorer shoppers they are a huge market now


51 posted on 07/28/2014 10:21:57 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: TigerClaws

wait until many of us cannot afford the dollar stores


52 posted on 07/28/2014 10:22:40 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: ConservativeStatement

The Dollar Store has a lot of cool stuff. A lot of rich people shop there. That is why they are rich.


53 posted on 07/28/2014 10:54:40 PM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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To: ConservativeStatement

....”poorest consumers...” I’m not sure that is entirely accurate”......

I agree....it’s not. The middle class shop our stores here all the time. Folks at work were thrilled when they came here.


54 posted on 07/28/2014 11:28:40 PM PDT by caww
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To: babygene

...” maybe that’s why I do”.....

Exactly.....those who are thrifty earn their wealth. They know how to save on the money they’ve earned.


55 posted on 07/28/2014 11:31:30 PM PDT by caww
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To: PGR88

You need to also check those in MS groceries.....you’d be surprised.


56 posted on 07/28/2014 11:32:35 PM PDT by caww
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To: nascarnation

....”And Carlyle (probably the most well connected Wash DC private equity bunch) is buying trailer parks”.....

Interesting.


57 posted on 07/28/2014 11:36:11 PM PDT by caww
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To: Bryan24

I have one three blocks away.... use it anytime I need to pick up staples after work....you’re in and out in minutes. I only shop large groceries every six weeks or so....I hate shopping!


58 posted on 07/28/2014 11:39:57 PM PDT by caww
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To: ConservativeStatement

There’s both here in this small city......appeals to everyone from what I can tell.


59 posted on 07/28/2014 11:42:42 PM PDT by caww
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To: Mastador1

Ahhh...Velvetta Cheese! It’s a comfort food always reminding me of my childhood days.

I’m a big cheese lover....my favorite ‘sliced’ cheese is “Cooper Sharp” (white). Though hard to find here.


60 posted on 07/28/2014 11:50:23 PM PDT by caww
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