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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

#61

Earlier quoted context omitted.

It is a free country, anyone is justified to ask for any raise anytime they want.

It is a free forum, we can post the most obvious insights anytime we want.

But not snark, according to the HN guidelines:

>" Be kind. Don't be snarky. Have curious conversation; don't cross-examine. Please don't fulminate. Please don't sneer, including at the rest of the community. "

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

#62

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.

https://gizmodo.com/why-gas-is-priced-in-tenths-of-cents-169... > that last digit is just noise at the consumer level. That’s exactly the point.

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

#63
post #50
post #41

Loosely related anecdote: For the past ~two months the IKEA nearest to me (Covina, CA) has been constantly out of stock for a table [0] I'd wanted, priced at $199. Earlier this month I received a notification of it being in stock. That afternoon I made the trip to go pick one up, out of stock, shelves largely barren. Asked staff WTF? They'd received _one_ and it was immediately sold. Still out of stock at that locati…

I read elsewhere that IKEA have huge supply chain problems. Perhaps related to the container shortage that was recently discussed here. Googling found me this: https://www.cnbc.com/2021/10/14/ikea-warns-supply-chain-disr...

Yeah, there’s three or four items I’ve been meaning to buy for about half a year that haven’t come back. Sometimes I’ll get the stock notification but it will disappear quickly, and they don’t let you place pickup orders for items with less than 5 units in stock.

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

#65

i 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?

Are you thinking Dollar General? No Dollar Tree I've been in had groceries--maybe candy, but usually it's things like cheap plastic toys, paper plates/plasticware and cheap decorations for birthdays and the current holiday.

Yes some Dollar Tree stores have refrigerated and freezer sections.

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

#66
post #61

Earlier quoted context omitted.

It is a free forum, we can post the most obvious insights anytime we want.

But not snark, according to the HN guidelines: > " Be kind. Don't be snarky. Have curious conversation; don't cross-examine. Please don't fulminate. Please don't sneer, including at the rest of the community. "

I'm simply stating a fact about the forum in the same spirit of parent's comment about our country. Any snark you detect is your implicit bias.

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

#67
post #36

Dollar Tree can't be beat for things like cleaning supplies, commodity-type CPG items like soap and seasonal decorations-- but those items likely aren't where they make their money (they average a 30% GM, imported trinkets will have higher margin but lower volume than consumer staples). I've spoken to managers at multiple locations and the consensus top category by volume is candy, followed by paper goods. After that…

> they are typically smaller quantities at a much higher price per unit

I think that's true throughout most of the country, but in NYC I actually think Dollar Tree is a fairly good deal. They sell the same little frozen pizzas (that I'm addicted to for some reason) as the C-Town a block away from me, but for half the price. I think that is largely because NYC is ridiculously overpriced to live in.

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

#68
post #59
post #4

This was inevitable, but rather than maintain the status quo or even introducing shrinkflation, they should have made the jump to 2 dollars. 1.25 is maintenance, and effectively we are still getting what a dollar used to get. 2 dollars would get us a bit more time (inflation is not going to stop) and the ability to introduce a (relative) more premium product assortment. I only mention this premium product range becau…

> This was inevitable, but rather than maintain the status quo or even introducing shrinkflation, they should have made the jump to 2 dollars. Yeah, there's Five Below, where everything is $5 or less, and the quality of the stuff that they supply is substantially higher quality, and as a result I find it more fun to walk around there nowadays than Dollar Tree.

Not to take it too far off-topic but Five Below's wordmark/logo is deeply unsettling.

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

#69
post #38
post #24

Earlier quoted context omitted.

If you are close to a bigger store, then you have a choice. In lots of the US, the closest grocery and department store could be quite a ways away. They are growing like crazy in these areas. I agree that they are becoming a mix of a grocery store, convenience store and Wal-Mart but I think that is what the rural markets want. If they need something special, that can be saved for a special trip to "town".

Hard to understate this. There are rural areas where there's a Dollar Tree in every little town, but you have to drive 1-2 hours to the nearest WalMart—and further to the nearest Anything Else Worth Shopping At.

Dollar General is more common here, which is slightly better — the prices are slightly higher and some have produce etc.
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