How Dollar Tree Conquered Low Income America (15 Minutes)
From the outside, Dollar Tree is a fun, harmless store to buy random, gimmicky, short-lived products for a buck. But go inside, and Dollar Tree is a ruthless business empire who knows that its best customers are low income Americans. The company will do everything it can to suffocate the competition and be the only store physically available in low income communities, small towns, and rural America. So poor Americans keep buying Dollar Tree no matter how flimsy or low quality its products are, because there’s no other store that they can afford or is available in their neighborhood. Retail, at the most abstract, is the heartbeat that fuels daily domestic consumption which in turn drives the American economy. But what happens when that consumption, spending, and money printing finally catches up? 15% inflation. The highest increase in prices since the 1980s. $8 a gallon for gas. Shipping delays. Supply chain problems. Labor shortages. There’s enough sticker shock just going to the grocery store these days. And prices are just getting higher and higher. Throw in the stock market crashing back to pre-COVID levels and consumers, myself included, are now looking for discounts and deals in a world that seems to no longer offer any. There is one Fortune 500 corporation that despite the supply chain issues, labor shortages, inflation, gas costs, is so committed to giving you a discount that it puts it in their name. That company is the Dollar Tree. Dollar Tree doesn’t rely on any of the traditional retail playbooks. No flashy white lighting or minimalism decor, no modern sans-serif branding, and no marketing to millennials. Dollar Tree’s vicious conquest of low-income and rural America has been so successful that the company has found itself in hot water. Cities, small towns, and rural communities in New Orleans, Kansas City, and Birmingham have united to ban Dollar Tree from opening more stores in their neighborhoods
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I actually like both dollar tree and dollar general, and this guy seems to mix and match the two (and yes I know dollar tree is now owned by dollar general). Wish there was a dollar tree near uus, but the only thing close we have is the dollar general. If it wasn’t for it we would have to go quite aways to find anything else (and then it would be a big box store that also everybody complains). I’m happy that somebody makes the effort, and I sure don’t see anybody else doing anything to bring shopping out here. Smells a bit like free enterprise to me.
Is it free enterprise when everything is nearly 100% made in China?
If China uses low value, low cost items to put Americans out of business, then the business model is predatory.
Those cheap prices are an economic weapon and they will lower them even further just to put the American enterprise out of business.
And where might you go that everything isn’t made in china (or somewhere else offshore if you can even find product at all regardless of origin)? Of course, everything isn’t made in china, as most if not all the food is from the usA, which is mainly what I go for. I do however see drygoods too that are sourced from the usA as much as anywhere else (great place to get auto fluids for example, especially DG which certainly does have way more to offer as such and related than DT).
You might could make an argument that they hurt the little family owned hole in the walls (and back in the day grandad owned one for a spell back in the day, and unlike most such stores he had a pretty good selection of drygoods and food, so I do have some experience in the matter) most scattered about, and that may be true, except all the little stores like that that were here before the dollar stores are still here after years now.
There certainly is more competition then a hundred years ago, when Sears and Roebuck was the wally of the day.
Is it ideal? Well maybe not but it has been that way for a long time and “we” call it capitalism and or free enterprise. I’ve got all sorts of ideas how to fix it, but what are your suggestions besides banning them and leaving people high and dry to have nowhere to buy goods?
It puts a dent in Wal-Mart and they are on every block in post-suburban Palookaville with Dollar General moving in to compete with them, soon a CVS will be stationed at every subdivision sector. (honk)
Look at it as entertainment when Blobbetha has a $100 order of hecho en China future landfill items in a SpongeBob pajama outfit after noon but I did feel bad for the clerk with the sad trombone…I have to scan it when everything cost one dollar and 25 cents.