Even dollar store chains seeing pullback in spending as higher prices squeeze more consumers

Keywords Economy / Retail
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7 thoughts on “Even dollar store chains seeing pullback in spending as higher prices squeeze more consumers

    1. Charles, tell everyone that you live in your own economy bubble without telling everyone. Dollar stores are an absolute lifeline in rural areas and in urban areas serve as a main source for lower income people. Some folks cannot afford “large package” items, so they are restricted to small/frequent purchases on their budget. But even those places are feeling the squeeze of the last 3 years of inflation, as are their customers.

    2. S.B. I think you misunderstood his comment. I took it to mean as people are wising up to shrinkflation on their purchases which is they’re getting less and less but still paying the same amount. In other words it may go down from 10 oz in a package down to 8 oz but the box is still the same size but yet the price stays the same

    3. It’s pretty terrible that dollar stores have become so important in rural areas. They don’t actually end up much cheaper – if at all – than the locally owned shops that they replace. But dollar stores are a consequence of the government sending small business owners & Main Streets down the river in favor of highways & tax breaks for the Walmarts of the world.

    4. Robert +1, absolutely.
      Rhea, thank you. Charles, if that is the case, then my apologies, I read your comment as a dig against consumers who are forced, either due to financials and/or location, to rely on these stores.

    5. I agree totally with Dollar tree and Dollar general being a lifeline for people. Lately though I’ve noticed that Dollar general is much higher in prices than Kroger Walmart or Meijer on some items. Their milk is always higher than any of the grocery store chains and for the Dollar general markets their meat is always extremely high. And they don’t run near the sales that they used to. I have family members who actually purchase a majority of their groceries from Dollar tree because sometimes they can’t even afford the lowest priced item at the grocery store and the smaller packaging of mayonnaise and mustard and other items at Dollar tree make it more affordable for them.

    6. Rhea – 100% agree, they should not be mistaken for the lowest cost. Their niche is proximity. People without vehicles in urban areas, and for rural folks that can’t or won’t drive round trip 1 to 1.5 hours to a grocery store. They do also have a niche for “saving” per transaction, with smaller batches, which is one reason they like growth, they can demand specialty product sizes by volume.

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