From the look of items in my local "Dollar" stores ... everything is overstock. My friend loves it when they have her favorite name-brand nail polish. She pays $1 for a bottle that would normally cost about $20. LOL
Heck ... "Dollar General" already prices their stuff at ridiculous prices. People go in thinking everything is a dollar ... and find prices are often more than a "big box" store.
Used to be, if you couldn't afford to shop at name-brand stores ... you could go to Goodwill. Now, even Goodwill prices are too high for the poor.
Yeah. We have both "Dollar Tree" and "Dollar General". Everything at "Dollar Tree" is $1.
Everything at "Dollar General" is rounded to the nearest dollar. So there, you're paying about the same as other stores. But people THINK they're getting a deal, because the store name sounds like you're getting a deal.
It's all about marketing and reeling you in. Once in the store, you more apt to buy something than to get in your car, go to another store, park, walk, find the product you might not have needed anyway, and pay.
Dollar stores might benefit from the tariffs because they buy the stock of stores that are going out of business and there might be a lot of stores closing if there is a trade war. Cheers!
This post was edited by Nanoose at July 11, 2018 10:43 PM MDT
Well, you know, they used to be called "Five And Dime", and then "Five Cents To A Dollar". That was when a buck was silver, so five cents was about equal to a dollar now.
Tariff is 25%....so if a $1 store averages .30...then thay is an increase of .08 so it will cost 38 cemts ....I think most will absorb the cost to remain at the $1.
It happens. I have done it. They may come up witb other ways to recoup the cost....ie. Charge for the bags. Personally if the cost got too much I would just pass it on as a surcharge on the reciept. So customers knew the reason.
Walt O'Reagun 