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(Quad City Times)   You know the economy is bad when even discount retailer Family Dollar is forced to close stores to reduce operating expenses   (qctimes.com) divider line 33
    More: Scary, Family Dollar, department stores, operating costs, 46th state, return on investments  
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470 clicks; posted to Business » on 11 Apr 2014 at 3:10 AM (27 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



33 Comments   (+0 »)
   
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2014-04-11 12:12:44 AM  
i198.photobucket.com
 
2014-04-11 12:18:34 AM  
I am surprised that Dollar Stores still exist. I thought by now they would have all converted to Two Dollars Store. I guess heavy competition from similar business keeps that from happening.
 
2014-04-11 12:18:39 AM  
The Dollar Tree over in Wabash went out of business a few years ago, but the Family Dollar in Peru is doing great.
 
2014-04-11 12:20:37 AM  
Maybe the market is saturated and consumers have money to spend elsewhere?
 
2014-04-11 12:37:19 AM  

cman: I am surprised that Dollar Stores still exist. I thought by now they would have all converted to Two Dollars Store. I guess heavy competition from similar business keeps that from happening.


Family Dollar is more of a five and dime than an everything's a dollar store. They sell general merchandise and a few groceries.

davidphogan: Maybe the market is saturated and consumers have money to spend elsewhere?


Dollar General has been trying to dominate that market for a couple of years. They are succeeding think of it as the K-mart/Wal Mart battle of the 90s.
 
2014-04-11 12:45:58 AM  
I can't ever remember seeing anyone who works at Family Dollar resemble anything near to happiness. It's always been single moms with illegitimate kids who seem pretty much pissed off that that's what become of their lives.
 
2014-04-11 01:05:48 AM  
I honestly don't see much point in shopping there, they're nothing but glorified convenience stores. They sell a little bit of everything, which is another way of saying they sell a whole lot of nothing. They sell a handful of grocery items, but not enough to do any actual grocery shopping there. Same is true of general merchandise, housewares and clothing.

I used to go there for cheap prices on cleaning products, but since they stopped selling store brands and went to all name brand stuff it's cheaper to buy them elsewhere. I don't go to a dollar store to buy Windex, I go there to buy a bottle of window cleaner that's just as good as Windex at half the price.
 
2014-04-11 01:06:51 AM  

kling_klang_bed: I can't ever remember seeing anyone who works at Family Dollar resemble anything near to happiness. It's always been single moms with illegitimate kids who seem pretty much pissed off that that's what become of their lives.


Yeah those people don't deserve jobs for sure.
Would YOU be cheerful if you worked there?
 
2014-04-11 01:09:22 AM  

ReapTheChaos: I honestly don't see much point in shopping there, they're nothing but glorified convenience stores. They sell a little bit of everything, which is another way of saying they sell a whole lot of nothing. They sell a handful of grocery items, but not enough to do any actual grocery shopping there. Same is true of general merchandise, housewares and clothing.

I used to go there for cheap prices on cleaning products, but since they stopped selling store brands and went to all name brand stuff it's cheaper to buy them elsewhere. I don't go to a dollar store to buy Windex, I go there to buy a bottle of window cleaner that's just as good as Windex at half the price.


bargainbriana.com
 
2014-04-11 01:14:39 AM  
ransack.: kling_klang_bed: I can't ever remember seeing anyone who works at Family Dollar resemble anything near to happiness. It's always been single moms with illegitimate kids who seem pretty much pissed off that that's what become of their lives.

Yeah those people don't deserve jobs for sure.
Would YOU be cheerful if you worked there?


Nope. I wouldn't be happy either if I let my life fall that far down the hole either.
 
2014-04-11 01:16:49 AM  

ransack.: ReapTheChaos: I honestly don't see much point in shopping there, they're nothing but glorified convenience stores. They sell a little bit of everything, which is another way of saying they sell a whole lot of nothing. They sell a handful of grocery items, but not enough to do any actual grocery shopping there. Same is true of general merchandise, housewares and clothing.

I used to go there for cheap prices on cleaning products, but since they stopped selling store brands and went to all name brand stuff it's cheaper to buy them elsewhere. I don't go to a dollar store to buy Windex, I go there to buy a bottle of window cleaner that's just as good as Windex at half the price.

[bargainbriana.com image 300x492]


Yes, that's a picture of Dollar General brand window cleaner. Did you have some kind of point?
 
2014-04-11 01:24:13 AM  

ReapTheChaos: ransack.: ReapTheChaos: I honestly don't see much point in shopping there, they're nothing but glorified convenience stores. They sell a little bit of everything, which is another way of saying they sell a whole lot of nothing. They sell a handful of grocery items, but not enough to do any actual grocery shopping there. Same is true of general merchandise, housewares and clothing.

I used to go there for cheap prices on cleaning products, but since they stopped selling store brands and went to all name brand stuff it's cheaper to buy them elsewhere. I don't go to a dollar store to buy Windex, I go there to buy a bottle of window cleaner that's just as good as Windex at half the price.

[bargainbriana.com image 300x492]

Yes, that's a picture of Dollar General brand window cleaner. Did you have some kind of point?


i149.photobucket.com
 
2014-04-11 01:36:07 AM  
Maybe this is a cunning plan to create more customers?
 
2014-04-11 01:43:13 AM  
So one of the dollar stores in a not so savory area has frickin' bars over all the windows and a cage-like fence covering the entrance. Why the uber-security How much can you steal if every item is a dollar?

/PS - it's awesome to be able to post in greenlit threads before the liters get in!
 
2014-04-11 01:55:34 AM  
Let's just think about this for a minute...

Our economy is so shiatty that we can't even keep dollar stores open. Not even China can make things crappy and cheap enough for us anymore. Let's give the rich some more tax cuts. That should help things.
 
2014-04-11 02:00:35 AM  

Rhaab: [i198.photobucket.com image 350x235]


img.photobucket.com
 
2014-04-11 02:24:47 AM  

cman: I am surprised that Dollar Stores still exist. I thought by now they would have all converted to Two Dollars Store. I guess heavy competition from similar business keeps that from happening.


I thought that would happen too. But they have slowly shrunk the sizes of a lot of products down by a few ounces over time, what was a 12 ounce bag of tortilla chips is now a 8 or 9 ounce bag. Plus all the plastic lead lined crap from China is still cheaper than dirt so they can make a profit on that
 
2014-04-11 03:33:45 AM  
I drove through the back roads of Tennessee last year, and these stores were ubiquitous in the small towns. It's sad that they've displaced locally-owned convenience stores, much like Walmart did in larger markets.

The chains are owned by right-wing fascists like Art Pope, and they pay shiat wages.
 
2014-04-11 05:01:49 AM  
Just looked at the photo caption:

In this file photo taken Dec. 14, 2010, Family Dollar employee Pamela Ramos, left, assists John Conner with a purchase at a store in Waco, Texas.


Goddamnit, Quad City Business Journal, do you  want Skynet to win?
 
2014-04-11 06:03:23 AM  
Every once in a while it go into the dollar stores for cheap camping food for scouts. (Noodles, rice, some candy, etc) because of both the portion size and cost.
Family dollar is just sad. Dollar store and dollar tree are usually clean and well stocked. Family Dollar closing down is more poor management than anything else.
 
2014-04-11 06:11:40 AM  

kling_klang_bed: I can't ever remember seeing anyone who works at Family Dollar resemble anything near to happiness. It's always been single moms with illegitimate kids who seem pretty much pissed off that that's what become of their lives.


I've had recruiters try to get me to work for their IT department for years. They have such a horrible reputation here in Charlotte that I wont even consider going to an interview. The pay rates even for IT are insulting.
 
2014-04-11 06:40:30 AM  
Despite Subby's headline, I wouldn't be surprised if it's the opposite. Family Dollar and its ilk are the stores of last resort. As the economy improves a little (and it is), their customer base will upgrade to the Wal-Mart experience.

You can see a similar dynamic between fast food "restaurants" and low-end chain restaurants such as Applebees. They tend to draw from the same core customer base, who migrate up or down according to the state of the economy.
 
2014-04-11 06:47:24 AM  
My family dollar is nice. And I can get in and out of it in seconds. Unlike Wal-Mart.
 
2014-04-11 07:02:54 AM  
It's probably just in the areas they have competition.  The closest Wal mart we have is 15 miles from our town.  The grocery store closed about 10 years ago.  There is a Dollar General store that has been there the last 8 years or so.  It has built a new bigger store and moved into it a few years ago.  No competition in town means they can charge just a bit more because it's not worth the time and the gas to drive the distance to save 5 bucks.
 
2014-04-11 07:12:09 AM  
All the cheap stores have been expanding like crazy around central Mississippi.  They are putting them up on practically every corner.

If you were the guy building them, you made a lot of money.

Dollar General, Family Dollar, Dollar Tree, etc......
 
2014-04-11 07:26:43 AM  
Good.  There are TWO within about a three block radius of me, and both are completely filthy and stocked with nothing but garbage and cleaning supplies.  I hate to think there are enough desperately poor people in my neighborhood to keep two big stores like that busy, especially with a Target right next to them.
 
2014-04-11 07:45:17 AM  
There are two in Radcliff(Ratcliff), Kentucky.  On has just opened in the past year and the other has only transferred to a different location in the same shopping center.

Not sure if either are under-performing, but the only large store presence is a Super Wal-Mart.  Not like Elizabethtown which has one Super Wal-Mart and two Kroger stores.
 
2014-04-11 08:47:52 AM  
Holy crap subby. The economy has nothing to do with it. Family Dollar is the most depressing store I have ever set foot into. They are closing them because they suck.
 
2014-04-11 09:02:05 AM  

czetie: Despite Subby's headline, I wouldn't be surprised if it's the opposite. Family Dollar and its ilk are the stores of last resort. As the economy improves a little (and it is), their customer base will upgrade to the Wal-Mart experience.

You can see a similar dynamic between fast food "restaurants" and low-end chain restaurants such as Applebees. They tend to draw from the same core customer base, who migrate up or down according to the state of the economy.


Came here to say this.
 
2014-04-11 09:13:35 AM  
My wife and I used Dollar Tree for the vases for table centerpieces for our wedding reception last year.  Same thing that you could get at Michael's but at 1/5 the price.  No complaints.

Dollar Tree shortbread cookies are yummy also.
 
2014-04-11 11:07:27 AM  
An improving economy is bad for sh*tty stores.
 
2014-04-11 07:07:17 PM  

czetie: Despite Subby's headline, I wouldn't be surprised if it's the opposite. Family Dollar and its ilk are the stores of last resort. As the economy improves a little (and it is), their customer base will upgrade to the Wal-Mart experience.

You can see a similar dynamic between fast food "restaurants" and low-end chain restaurants such as Applebees. They tend to draw from the same core customer base, who migrate up or down according to the state of the economy.


Yep.

SacriliciousBeerSwiller: An improving economy is bad for sh*tty stores.


Yep again.
 
2014-04-11 10:22:17 PM  

Brokenseas: czetie: Despite Subby's headline, I wouldn't be surprised if it's the opposite. Family Dollar and its ilk are the stores of last resort. As the economy improves a little (and it is), their customer base will upgrade to the Wal-Mart experience.

You can see a similar dynamic between fast food "restaurants" and low-end chain restaurants such as Applebees. They tend to draw from the same core customer base, who migrate up or down according to the state of the economy.

Yep.

SacriliciousBeerSwiller: An improving economy is bad for sh*tty stores.

Yep again.


'Cos the economy is doing SO well.

Jesus.

Eyeroll.
 
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