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Dollar Tree says US$1.25 price point to become new standard

bnnbloomberg.ca

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Re: Dollar Tree says US$1.25 price point to become new standard

#181
post #172
post #130

Earlier quoted context omitted.

I've asked my landlord if they would let me buy back the quarters from them since it's such a pain getting them in a coin shortage. They didn't respond. Rent is already in the thousands, really my landlord should just stomach the $8 they get off me from the laundry room a month and just make it free. I'd honestly pay my landlord even higher rent if I didn't have to deal with getting rolls of quarters.

The thinking might be that when word gets out, people let their friends come do their laundry for free.

[deleted]

Re: Dollar Tree says US$1.25 price point to become new standard

#182

Along these line why is the US still minting pennies? At some point we could just start rounding to the nearest nickel (or dime). Also, why is gas always ab extra 9/10 of a penny? Reminds me of paying 3123 RON for a Big Mac in Romania -- that last digit is just noise at the consumer level.

> why is gas always ab extra 9/10 of a penny Same reason things are $.99, $19.95, $299.99 instead of $1.00, $20.00, $300.00. In the US, there's many places that have 2 or 3 gas stations in near vicinity and price competition is fierce. So the $0.01 matters, people will drive to the gas station down the block to save that penny per gallon.

I dunno, usually it's 2 "upscale chain brand" gas stations with identical high prices and 1 "local brand" gas station nearby with significantly cheaper gas. I don't understand how competition works in the gas station business but $0.01 difference clearly does not matter.

Re: Dollar Tree says US$1.25 price point to become new standard

#183

I don't think that people in this thread appreciate how prevalent grocery shopping in dollar stores is. In the US, half of shoppers buy groceries from a dollar store. They do it because it's literally all they can afford anything else. There are more dollar stores than Walmart, Starbucks and McDonald’s combined. "Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General,…

His Chrysler 300? This thing Wikipedia describes as a V8 powered “full-size luxury car”? https://en.wikipedia.org/wiki/Chrysler_300

Just about every full size luxury car depreciates faster then anything else on the market meaning an older luxury sedan COULD be affordable to the average person. All though I would not consider this a smart idea unless you are mechanically inclined. Chrysler sold more V6 300's than V8's anyway -- Try again.

Re: Dollar Tree says US$1.25 price point to become new standard

#184

I don't think that people in this thread appreciate how prevalent grocery shopping in dollar stores is. In the US, half of shoppers buy groceries from a dollar store. They do it because it's literally all they can afford anything else. There are more dollar stores than Walmart, Starbucks and McDonald’s combined. "Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General,…

His Chrysler 300? This thing Wikipedia describes as a V8 powered “full-size luxury car”? https://en.wikipedia.org/wiki/Chrysler_300

I mean, it probably was a "luxury" car when it was new. They do not hold their value though.

Re: Dollar Tree says US$1.25 price point to become new standard

#185
post #128

Earlier quoted context omitted.

ever so often I get that crazy look from the store assistant when they offer me (something like) double what your're buying for a few pence more and I say no thanks - typically I'm holding my belly whilst saying no

Imagine if bartenders offered alcoholics 20% off if they bought two

Sometimes beers come in multiple sizes and I’m pretty sure the price grows sub-linearly with volume.

Re: Dollar Tree says US$1.25 price point to become new standard

#186

I don't think that people in this thread appreciate how prevalent grocery shopping in dollar stores is. In the US, half of shoppers buy groceries from a dollar store. They do it because it's literally all they can afford anything else. There are more dollar stores than Walmart, Starbucks and McDonald’s combined. "Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General,…

That quote is absurd. A Chrysler 300 is a luxury car.

Cool. Get hung up on one aspect of the story (for no good reason) and ignore the broader economic and societal implications.

Re: Dollar Tree says US$1.25 price point to become new standard

#187

I don't think that people in this thread appreciate how prevalent grocery shopping in dollar stores is. In the US, half of shoppers buy groceries from a dollar store. They do it because it's literally all they can afford anything else. There are more dollar stores than Walmart, Starbucks and McDonald’s combined. "Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General,…

> They do it because it’s literally all they can afford anything else. Dollar stores very often aren’t cheaper than other sources for similar products especially for grocery items (which they tend to have very limited selections of.) People that shop for groceries at dollar stores do it because: 1. They shop for other things at dollar stores (either for price, or for reason #2, or because its the only place close by…

In addition, there's people that run out of money at the end of the month and need smaller size packages even if the per unit cost is higher.

Re: Dollar Tree says US$1.25 price point to become new standard

#188

Earlier quoted context omitted.

That quote is absurd. A Chrysler 300 is a luxury car.

Not necessarily, let's say it's a 2008, you can easily find 300 junkers now worth almost nothing.

Are these any good? I might need a car on the cheap soon.

Re: Dollar Tree says US$1.25 price point to become new standard

#189
post #13

They have been selling for a dollar for 35 years. I'm really curious how their inventory has changed over this period. One 2020 dollar is 40 cents in 1985 dollars, but the cost of consumer goods has decreased significantly since 1985. So I wouldn't be surprised that their package sizes have not changed much. Related trivia: Between 1886-1959, the price of a bottle of Coke was a nickel [1]. [1] https://www.npr.org/sec…

I would trust a private inventory and accounting audit of the dollar tree for insight into inflation more than almost any government funded study.

Re: Dollar Tree says US$1.25 price point to become new standard

#190
post #167

Earlier quoted context omitted.

> They do it because it’s literally all they can afford anything else. Dollar stores very often aren’t cheaper than other sources for similar products especially for grocery items (which they tend to have very limited selections of.) People that shop for groceries at dollar stores do it because: 1. They shop for other things at dollar stores (either for price, or for reason #2, or because its the only place close by…

>Dollar stores very often aren’t cheaper than other sources for similar products especially for grocery items (which they tend to have very limited selections of.) Some products are. Especially the unhealthy-- candy and soda is cheaper. I used to get bread there, they'd have the same bread as nicer stores just closer to the 'best by' date. But it tasted fine to me. I would get dishes and cups, silverware, and socks.…

How often do you need to buy dishes, cups and socks?
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