Dollar General warns poorer US consumers are running out of money
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Re: Dollar General warns poorer US consumers are running out of money
#2Or maybe, just maybe, "poorer US consumers" have figured out that a lot of what DG has to offer is not necessarily good value.
In a lot of cases, it is "creative packaging". The package may look similar to what you see elsewhere but the contents are actually less.
In others, the actual cost per unit at "discount stores" is often higher.
Re: Dollar General warns poorer US consumers are running out of money
#3Or maybe, just maybe, "poorer US consumers" have figured out that a lot of what DG has to offer is not necessarily good value. In a lot of cases, it is "creative packaging". The package may look similar to what you see elsewhere but the contents are actually less. In others, the actual cost per unit at "discount stores" is often higher.
the cost per unit is higher, yes.
when you got $5 and need soap and a toothbrush and cat food and paper towels today; you may not be in a position to be more frugal.
The people that shop there often realize that its more expensive; but either they can't swing larger portions sizes for whatever reasons, or (more often in my rural area); the DG is closer than a real store and they don't care to drive all the way into town. 5 minute trip vs 15min.
Re: Dollar General warns poorer US consumers are running out of money
#4Re: Dollar General warns poorer US consumers are running out of money
#5Or maybe, just maybe, "poorer US consumers" have figured out that a lot of what DG has to offer is not necessarily good value. In a lot of cases, it is "creative packaging". The package may look similar to what you see elsewhere but the contents are actually less. In others, the actual cost per unit at "discount stores" is often higher.
if you have recently been in rural parts of the us of america, you would already know that shopping elsewhere is at times, even in current year, at best a convenience, at worst the only option there. some even carry produce and fresh meat. when money is tight, or time, you may be able to walk to a dollar general, but not to the nearest grocery store.
this is not praise for dollar general, there are plenty of issues. but you have missed or omitted important details, as to why dollar general may know something you do not.
Re: Dollar General warns poorer US consumers are running out of money
#6Or maybe, just maybe, "poorer US consumers" have figured out that a lot of what DG has to offer is not necessarily good value. In a lot of cases, it is "creative packaging". The package may look similar to what you see elsewhere but the contents are actually less. In others, the actual cost per unit at "discount stores" is often higher.
exactly this .Walmart is better value. Brands sell specifically modified products for dollar stores for a mark up.
Re: Dollar General warns poorer US consumers are running out of money
#7Or maybe, just maybe, "poorer US consumers" have figured out that a lot of what DG has to offer is not necessarily good value. In a lot of cases, it is "creative packaging". The package may look similar to what you see elsewhere but the contents are actually less. In others, the actual cost per unit at "discount stores" is often higher.
if you have recently been in rural parts of the us of america, you would already know that shopping elsewhere is at times, even in current year, at best a convenience, at worst the only option there. some even carry produce and fresh meat. when money is tight, or time, you may be able to walk to a dollar general, but not to the nearest grocery store. this is not praise for dollar general, there are plenty of issues.…
I think this is why some have liked it to the poverty tax. being poor is expensive in and of itself. ironically, you pay more.
Re: Dollar General warns poorer US consumers are running out of money
#8Or maybe, just maybe, "poorer US consumers" have figured out that a lot of what DG has to offer is not necessarily good value. In a lot of cases, it is "creative packaging". The package may look similar to what you see elsewhere but the contents are actually less. In others, the actual cost per unit at "discount stores" is often higher.
the cost per unit is higher, yes. when you got $5 and need soap and a toothbrush and cat food and paper towels today ; you may not be in a position to be more frugal. The people that shop there often realize that its more expensive; but either they can't swing larger portions sizes for whatever reasons, or (more often in my rural area); the DG is closer than a real store and they don't care to drive all the way into…
“don’t care to” often hints at a bigger picture, a bigger problem, or a series of small ones… which becomes a larger one. e.g. cannot afford to, be it economically, mentally, physically, emotionally, socially, etc. “don’t care to” is short-hand for multitudes of reasons.
small towns are small, and the spaces between can be vast. the cost of living is lower for shelter, usually, but higher for whatever else you can actually get.
unfortunately there are times where DG is the only store in a manageable distance - which makes it much more real than the “real” stores that cannot or will not build a location close enough to be worthwhile. similar to gas stations.
and yes, the $3 bottle of wine is barely wine, and barely drinkable, assuming you were hoping to enjoy it. but it is $3, and it works as well as the ritzy stuff. if not better. more affordable, and you won’t waste time savoring it.
for any thinking it would be better to just… get out of that hole, you likely haven’t seen beyond the rim, and probably think there is a bottom.
Re: Dollar General warns poorer US consumers are running out of money
#9Or maybe, just maybe, "poorer US consumers" have figured out that a lot of what DG has to offer is not necessarily good value. In a lot of cases, it is "creative packaging". The package may look similar to what you see elsewhere but the contents are actually less. In others, the actual cost per unit at "discount stores" is often higher.
if you have recently been in rural parts of the us of america, you would already know that shopping elsewhere is at times, even in current year, at best a convenience, at worst the only option there. some even carry produce and fresh meat. when money is tight, or time, you may be able to walk to a dollar general, but not to the nearest grocery store. this is not praise for dollar general, there are plenty of issues.…
"dollar general may know something you do not."
In light of the fact that they just lost a third of their market capitalization overnight, they clearly have more to learn.
Re: Dollar General warns poorer US consumers are running out of money
#10Earlier quoted context omitted.
if you have recently been in rural parts of the us of america, you would already know that shopping elsewhere is at times, even in current year, at best a convenience, at worst the only option there. some even carry produce and fresh meat. when money is tight, or time, you may be able to walk to a dollar general, but not to the nearest grocery store. this is not praise for dollar general, there are plenty of issues.…
"dollar general may know something you do not." In light of the fact that they just lost a third of their market capitalization overnight, they clearly have more to learn.
don’t we all?