The dollar store economy: Dollar General openings account for 80 percent of new stores in the US and largest occupation in US is in retail
The death of retail is a very real thing. Amazon and other online retailers are simply shifting the way people shop in dramatic fashion. Yet you have to realize that Amazon does have a minimum buy for free shipping and not everything is rock bottom cheap. Also, food is still marked up on Amazon so […]
U.S. Dollar Store empire: Making $20 billion a year one dollar at a time on broke Americans. 8,000+ dollar stores blanket the U.S.
Most people have been to a Starbucks and readily admit it, even if they never go back. Many people have been to dollar stores but rarely admit this. Dollar stores are doing exceptionally well with over 8,000 stores in the United States with revenues well above $20 billion a year. Their target audience is working […]
The dollar store expansion: Number of dollar stores in the US expected to exceed 30,000 in 2016.
Wal-Mart, the mega retailer has over 5,000 stores in the United States. We tend to think of Wal-Mart as the low price leader crushing prices to their rock bottom level by cutting costs at every corner. However, there is an even lower cost option and many working class Americans are turning to these stores. Dollar […]
When working leads to food stamp usage and the rise of dollar stores: Food stamp usage is still near record levels even in the face of a dropping unemployment rate.
Food stamp usage surges when the economy enters into a recession. That is no surprise. In fact, this is the design of the program. A safety net when things get bad. But if we are to believe headline indicators, the economy is improving so we should see food stamp usage decline substantially. It has not. […]