The Economics of Dollar Stores | Hustlenomics | The Hustle
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- เผยแพร่เมื่อ 28 ก.ย. 2024
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Dollar stores are everywhere. Together, the two largest chains, Dollar Tree and Dollar General, have close to 40k locations in the US. Despite selling items for as little as $1, dollar stores have been known to rake in billion-dollar revenues thanks to better profit margins than other chain stores, like Walmart. So, are these stores really as wallet-friendly as we think? In this video, we explain what makes dollar stores so profitable and why some believe dollar stores have created a false economy.
Read more about the the economics of dollar stores: clickhubspot.c...
No statistics to back it up but I feel like certain items at DG are actually higher than stores like Walmart. I think they mix in higer priced items as well to balance out the deals.
There are 15 in my town. We have lime 10 McDonald's.
I was triggered by the dollar store pens but then you brought me back when I saw yoy could get Palmer's lotion at the dollar store 😅
you guys are lucky.... our version is about $5 here in NZ
Dollar tree tried expanded grocery department including fresh produce in KC, both in the hoods and in more poor/working class kind of neighborhoods neighborhoods in early 2ks. Guess what? They failed, nobody wanted fresh produce and expanded better groceries. What did they want? Junk food, snacks, drinks and highly processed convenience foods, so that's what you got now. If people in these "food deserts" actually bought the food they say they want, someone would provide it for them. As an example of this, in kc ks, a mostly Hispanic hood, there IS a demand for fresh produce, fresh made food and hi quality food. Guess what? There are all kinds of places that provide it...
The best deal of all right now is Dollar General (DG) stock at $103.
so depressing...
Would we consider Dollar General a dollar store? They do have the weird dollar in their name, but their pricing is less consistent than places like Dollar Tree.
Are stores like Dollar Tree and Dollar General price gouging consumers by offering those smaller bottles of shampoo??! Of course not: they are merely offering the convenience of a smaller amount!! I like the fact that I have choices -- and am grateful that I am not monopolized into a one-size-only option. Yes - a Dollar General retail store is located close to my apartment -- but so are a multitude of OTHER RETAILERS. I'm no robot being controlled by some outside entity with a slick marketing strategy and a hidden agenda: I can shop at Store A, Store B, AND STORE C in order to obtain the biggest stretch of my shopping dollar. Common sense, people...
Simply a sign of the economic times. And it's not getting better soon.
Love from india