711–720 of 754 posts
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This is like cheating in a golf match against a professional and then saying "I got the same score as my opponent, I am not the villain here".
Do you think large dollar stores are faking or cheating their profit margin numbers?
Real profit margin. Achieved through deceit. This is vilainy.
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It seems to amount to a similar principle, that their business model depends on repeat customers, and would fail if they lost trust. I much prefer this to stores that are happy to burn customers, never expecting to see them again.
>It seems to amount to a similar principle, that their business model depends on repeat customers, and would fail if they lost trust. You think dollar general is making $37.9B (in 2023) of annual revenue from one-off customers? Unless you're operating a tourist trap, or some sort of business that people only need a few times in their lifetimes (eg. real estate agents), most businesses rely on repeat customers.
I have money to buy in bulk, care about quality, and am willing to make longer trips to stock up. The membership is trivial relative to annual groceries.
I think think the target market for dollar stores is the opposite
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But because these stores exist, they lead to grocery stores no longer existing, because they eat the majority of the profit from grocery stores. This forces people to shop at the dollar stores because it's the only thing nearby. The dollar store model increases prices, reduces consumer choice, and makes us less healthy.
Do they make higher margins?
Dollar stores target grocery stores margin products, to drive them out of business.
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But because these stores exist, they lead to grocery stores no longer existing, because they eat the majority of the profit from grocery stores. This forces people to shop at the dollar stores because it's the only thing nearby. The dollar store model increases prices, reduces consumer choice, and makes us less healthy.
I haven't seen that happen, maybe it does in some places. In my hometown, we had a grocery, but it closed in the earl 90s. They didn't get another on until the lat 00s. It was open a few years, had bare shelves most of the time and convenience store level prices when they did have something. In the late 10s, a Dollar General opened... so far, it has remained open, has much better prices than the previous attempts, an…
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Yup. My local Star Market was pretty bad about this, so I started paying close attention to prices on the shelf and at the register. Pretty soon I was taking home free items every shopping trip. (I also reported them to Inspectional Services when aisle scanners were broken or prices were particularly egregiously missing or wrong.) Some of the cashiers had to have it explained to them with much pointing to the sign th…
> ...but in my experience, they're perfectly capable of doing the right thing It's both true. Given that a typical store can have thousands of SKUs displayed, mistakes will _always_ happen once in a while. A forgotten price tag, an incorrect sale price, etc. But at the same time, stores are more than capable of having a system to _fix_ these issues as soon as they are detected. It doesn't even take much, just a way f…
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SO what do you buy for food and where do you buy it? With your focus on calories per dollar, do you also get supplements? Which ones and where? Why are you so focused on this?
Is there any reason to assume they are “so focused” on it? Keeping an eye on unit or per-weight prices is somewhat conventional and pretty easy—at least I think most major grocery chains around here include that info right on the sticker.
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I was really waiting for this to be a Windows bloatware where Linux laptops are cheaper since there's no unnecessary Microsoft license at all. So you are principled in not wanting to use Office, but unprincipled enough to go ahead and use Windows?? That's a bold position on HN. Linux or death!!!!
This will be the year of Linux on the desktop!
> But North Carolina law caps penalties at $5,000 per inspection, offering retailers little incentive to fix the problem This is a huge problem with all manner of laws in the US. We are not willing to insist that fees be limited only by their ability to prevent the prohibited behavior. Fines should continually escalate, if necessary until the offender is bankrupted, at which point their assets are taken. If Dollar Tr…
The article metions Family Dollar and Dollar General. Dollar Tree is a different company.
It is important to understand that Dollar General and Family Dollar serve thousands of flyover communities where there are no Walmart stores or other viable market access. Dollar General has stated that it can generate profits in communities with fewer than 1,000 homes. Walmart generally requires a much larger population base for its stores. Dollar General is the largest retailer in the US by number of locations, wit…