Earlier quoted context omitted.
Not to take it too far off-topic but Five Below's wordmark/logo is deeply unsettling.
> deeply unsettling Care to elaborate? What about the logo makes you feel this way?
it's those beady little °s
Dollar Tree says US$1.25 price point to become new standard
91–100 of 341 posts
Re: Dollar Tree says US$1.25 price point to become new standard
#92Re: Dollar Tree says US$1.25 price point to become new standard
#93Dollar tree is really interesting to me, they get remaindered books from all over the spectrum I would have heard of if it weren’t a stop on my walks. My most recent find was “when you die you won’t be scared to die”.
Re: Dollar Tree says US$1.25 price point to become new standard
#94Earlier quoted context omitted.
Anyone who hasn't gotten a raise in the past year should get at least 6.2%, unless their employer is signaling to them that they value their contributions 6.2% less than last year. If you improved your skills at all, or took on additional responsibilities due to Covid 25% isn't at all a stretch, especially at dollar store wages.
> unless their employer is signaling to them that they value their contributions 6.2% less than last year Not getting a raise doesn't mean your employer necessarily values you less - it could just mean others value you less so your employer has less competition for you. Supply and demand. If nobody's buying hammers and the price of hammers goes down, that doesn't mean the value my hammer brings me has gone down, but…
Last year hammers cost $5, this year it's $4. Go to a jobsite and ask a guy what his hammer is worth and last year he would say $5, this year he says $4. He's not making a value judgment based on anything intrinsic about the hammer, it's just worth less due to the cost of replacement falling. He literally values it less.
Humans, unlike hammers can decide to train to become a screwdriver or change from Binford Tools to Craftsman, who may value low turnover more than Binford and thus pay more to retain employees.
If the management or ultimate customers of your industry or firm don't support paying you a wage that keeps up with the CPI, I suggest working hard to find better managers and customers. You are fighting a losing battle otherwise. There is a ton of demand out there right now for almost everything.
Re: Dollar Tree says US$1.25 price point to become new standard
#95Earlier quoted context omitted.
Likely through shrinkflation: https://en.wikipedia.org/wiki/Shrinkflation Next time you’re at the supermarket check if the bacon brands you remember are still a pound. I bet many of them are now 12 ounces.
12 ounces is, apparently, 0.75 pounds. It's about 340 grams.
I wish you were always 12 minutes in front of me in comment threads :)
Re: Dollar Tree says US$1.25 price point to become new standard
#96i see dollar tree going broke...they used to sell groceries and sundry goods cheaper than the big stores...now they are more expensive with a lot of item as compared to the bigger stores...convenience stores with gas pumps can get away with that--everyone needs gas...but now that dollar store is no longer cheaper than the big stores, and have no gas pumps, what is the attraction?
The company also owns the Family Dollar chain and has been converting some stores into dual brands. Those conversions might increase as it gives the company a way to maintain both brands but not be limited by the $1 (or $1.25) price point.
Family Dollar hasn't sold things at a dollar price point in years. They're basically big convenience stores with makeup, clothing, and toiletries sections.
Re: Dollar Tree says US$1.25 price point to become new standard
#97Earlier quoted context omitted.
Likely through shrinkflation: https://en.wikipedia.org/wiki/Shrinkflation Next time you’re at the supermarket check if the bacon brands you remember are still a pound. I bet many of them are now 12 ounces.
>Next time you’re at the supermarket check if the bacon brands you remember are still a pound. I bet many of them are now 12 ounces. Coffee as well.
It’s been a long time since a “half gallon” of ice cream became 3 pints in size.
Re: Dollar Tree says US$1.25 price point to become new standard
#98Earlier quoted context omitted.
> unless their employer is signaling to them that they value their contributions 6.2% less than last year Not getting a raise doesn't mean your employer necessarily values you less - it could just mean others value you less so your employer has less competition for you. Supply and demand. If nobody's buying hammers and the price of hammers goes down, that doesn't mean the value my hammer brings me has gone down, but…
Last year hammers cost $5, this year it's $4. Go to a jobsite and ask a guy what his hammer is worth and last year he would say $5, this year he says $4. He's not making a value judgment based on anything intrinsic about the hammer, it's just worth less due to the cost of replacement falling. He literally values it less. Humans, unlike hammers can decide to train to become a screwdriver or change from Binford Tools t…
> don't support paying you a wage that keeps up with inflation
Your employer doesn't care what inflation is. They care about what they have to pay on the market to get you, and they care what you produce.
Going to them and talking about inflation is making an irrelevant argument. Inflation isn't part of the equation that determines how much they pay you. Tell them your market value, and tell then your productivity. But talking about inflation is just going to illicit a 'so what?'
Re: Dollar Tree says US$1.25 price point to become new standard
#99Earlier quoted context omitted.
Paper notes are extremely expensive to maintain because they can't stay in circulation long before they're worn out and need to be replaced. We really should be using $1, $2, $5 and $10 coins
Paper and linen are renewable materials that are made from easy low-impact resources to be extracted and processed, they can be remade and reissued many times for a fraction of the impact of a metal coin, not to mention the cost to transport any amount over pocket change.
And they're more convenient for the wallet
Re: Dollar Tree says US$1.25 price point to become new standard
#100Earlier quoted context omitted.
This isn't a Chuck E. Cheese, paper notes are just fine. Nobody asked "what about the guy who makes the yokes" when John Deere took his first spin.
Paper notes are extremely expensive to maintain because they can't stay in circulation long before they're worn out and need to be replaced. We really should be using $1, $2, $5 and $10 coins
Canada's physical currency is pretty great:
No penny; typical nickles, dimes, and quarters; loonies and toonies ($1 and $2 coins); as well as very durable and fancily-secured polymer bills for $5, $10, $20, $50, and $100.
The only complaint might be that all the bills are the same size instead of on a log-scale like eu or aus, but I prefer it that way.
I wouldn't see much value in coins >$2, bills are far simpler to carry and don't make noise or scratch screens.