Mcboatface3sghost t1_j77m12o wrote
Reply to comment by SamurottX in Overcharged: Reports detail price mistakes at Ohio’s Dollar General, Family Dollar stores by seanmcdonnellcle
As someone who has travelled the country off the beaten path (generally avoiding interstates) since the pandemic I have discovered you can get a solid idea of a town based on “family dollar” “dollar general” stores. I have been through towns where they were literally across the street from each other. I did not stop in those town, except for a quick Waffle House refill. Edited for spelling and grammar.
KilroyLeges t1_j77ug81 wrote
I agree with your assessment. I will add the comment that I live in a decently sized, rapidly growing metro, where average incomes are above average. In the last year or 2, I have seen an explosion of Family Dollar, Dollar General, and Dollar Tree stores in town. My wife and I were out last night and commented on noticing 2 new ones on the same major road less then 1 mile apart. It seems to be an unreal amount of expansion.
Mcboatface3sghost t1_j77winw wrote
Even 10-15 years ago, you didn’t see that. Both of their company values and stock prices are an indication of their growth. See a Costco? You are in a nice area, don’t see shit but dollar gen or family dollar? You are in poor town. Dollar General is at 228.00 per share, I’m not a broker but that’s definitely an indication of where we are headed.
TheDollarstoreDoctor t1_j79dkcr wrote
>See a Costco? You are in a nice area, don’t see shit but dollar gen or family dollar? You are in poor town.
Ha, love the contradiction of the area I live in (city suburbs). The Dollar Tree & Costco share a parking lot.
Mcboatface3sghost t1_j79w7f4 wrote
Sure, it’s possible and happens. You will find family dollar, dollar gen, etc… in nice areas, but if it’s a bit rural, a bit rough, you won’t see a Costco. I’m not even sure why I used that as a point of reference, but dammit, I’m sticking to it.
[deleted] t1_j7a5422 wrote
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[deleted] t1_j7cnubv wrote
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Blawoffice t1_j7aug8s wrote
This is not a coincidence - it is part of their placement strategy. They look for low income locations with cheap real estate which they can dictate terms.
Mcboatface3sghost t1_j7d12ms wrote
Basically the Walmart early 2000’s strategy on roids
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