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(Reuters)   97¢ Per Share General   (reuters.com ) divider line
    More: Interesting, Dollar General, adjusted basis, total sales, low-end market, quarterly, expectations  
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5106 clicks; posted to Business » on 25 Mar 2013 at 12:22 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



14 Comments     (+0 »)
 
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2013-03-25 12:55:54 PM  
"The discount chain is adding more coolers to stock everything from milk to frozen dinners, is starting to sell tobacco products and is stocking more its own private-label goods, which carry higher profit margins than branded items. "

And there's the beginning of the end.  DG does well because it has a relatively small focus.  Trying to make it a mini Wal-mart will just ensure that they get crushed by the real thing.
 
2013-03-25 01:16:16 PM  
Debra Jackson is probably very happy about this.
 
2013-03-25 02:02:57 PM  
Hmmm...I guess they are following Family Dollar in selling cigarettes too. Seems sort of backward, but I guess it's all in the name of $$.
4.bp.blogspot.com
 
2013-03-25 02:26:27 PM  

JustGetItRight: "The discount chain is adding more coolers to stock everything from milk to frozen dinners, is starting to sell tobacco products and is stocking more its own private-label goods, which carry higher profit margins than branded items. "

And there's the beginning of the end.  DG does well because it has a relatively small focus.  Trying to make it a mini Wal-mart will just ensure that they get crushed by the real thing.


I don't know, they still have a niche in many smaller rural towns. Walmart will build in one of the bigger towns and every one has to go into town to got to Walmart, but there's probably 3 Dollar General Stores on the way there.
 
2013-03-25 02:31:20 PM  
A lot of 'small town folk' like Dollar Generals because they are smaller and easier to get around in.

My wife's great grandmother refused to go to Wal Mart because she was afraid she'd get lost.

Plus if you are elderly you really don't want to have to walk a half mile to get to the milk.
 
2013-03-25 02:47:02 PM  

bsharitt: JustGetItRight: "The discount chain is adding more coolers to stock everything from milk to frozen dinners, is starting to sell tobacco products and is stocking more its own private-label goods, which carry higher profit margins than branded items. "

And there's the beginning of the end.  DG does well because it has a relatively small focus.  Trying to make it a mini Wal-mart will just ensure that they get crushed by the real thing.

I don't know, they still have a niche in many smaller rural towns. Walmart will build in one of the bigger towns and every one has to go into town to got to Walmart, but there's probably 3 Dollar General Stores on the way there.


The problem is they're at severe risk of losing the ability to deliver the same merchandise at a low enough cost to compete.  They build relatively small stores, which require small staffs and thus can compete in small markets.  My hometown has a population of 1,500 and yet it supports a very successful DG.

If you grow the product lines, you're going to need bigger stores - which drive up prices,  you're going to need more employees - which drive up prices, and you're going to have to attract more customers - which will rule out the small rural sites you mentioned and put them closer to bigger merchants.

Increased prices + in larger markets nearer to Wal-mart = might as well go to Wal-Mart.

They're successful now because they've found a really good niche and anything that pushes them away from it is a roadmap to disaster.
 
2013-03-25 02:58:50 PM  
Not mini-Walmart, more mini-Aldi.
 
2013-03-25 04:31:30 PM  

JustGetItRight: The problem is they're at severe risk of losing the ability to deliver the same merchandise at a low enough cost to compete. They build relatively small stores, which require small staffs and thus can compete in small markets. My hometown has a population of 1,500 and yet it supports a very successful DG.


They also have a great niche in cities.  They're the perfect balance between a convenience store and a real grocery store.  Convenience stores don't carry nearly enough stuff.  I love my Dollar General.  I can walk there, they carry pretty much all the essentials you'd get from a grocery store.
 
2013-03-25 05:30:26 PM  
It's kind of odd that they avoid opening stores in even small cities.
 
2013-03-25 05:47:59 PM  

JustGetItRight: "The discount chain is adding more coolers to stock everything from milk to frozen dinners, is starting to sell tobacco products and is stocking more its own private-label goods, which carry higher profit margins than branded items. "

And there's the beginning of the end.  DG does well because it has a relatively small focus.  Trying to make it a mini Wal-mart will just ensure that they get crushed by the real thing.


Some people just don't want to get all dressed up for Wal-Mart, though.
 
2013-03-25 09:22:04 PM  

Geotpf: It's kind of odd that they avoid opening stores in even small cities.


Are you talking about Dollar General? I live in a rural area and there are Dollar General stores in towns of less than 1000 around here. They seem to try to be a few miles from the Wal Mart, which makes them convenient for some who live in out of the way places.
 
2013-03-25 09:51:13 PM  
inb4 Debra Jackson said she likes shopping at the Dollar Palace because it is convenient and casual.
"I don't have to get all dressed up like I'm going to Wal-Mart or something," she said.
jpg
 
2013-03-26 12:37:22 AM  

Britney Spear's Speculum: inb4 Debra Jackson said she likes shopping at the Dollar Palace because it is convenient and casual.
"I don't have to get all dressed up like I'm going to Wal-Mart or something," she said.jpg


too late
 
2013-03-26 01:13:18 AM  
I've stopped shopping at both Dollar General and Family Dollar (another chain dollar store in this area) Both of them have gone away from selling decent quality store brand and generic type stuff to selling only national name brands. I don't shop at the dollar store to buy Windex, I go there to buy a generic brand for $1 that's just as good as Windex. I stopped into one yesterday to buy some cheap 2 liter bottles of soda, all they carry now are Coke and Pepsi products at $1.50 each. Hell I can get those at any store for that price, they used to sell a store brand for .79 cents that tasted fairly decent.

I don't know if they're trying to attract a better crowd or what but I have no use for them anymore.
 
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