I fear for the demise of the Dollar Store.
Coinstartled
Posts: 10,135 ✭✭✭✭✭
A place that you can still buy something with a non commemorative US coin*.
Minimum wage will be $12 in my town year from now and I wonder how long they can sell all that useful and inexpensive stuff for a buck. Where do they go from there...$2.oo kind of kills the concept. Dollar and a quarter would be odd.
Sunday paper is a bargain. 
*Add sales tax and of course one could pay for their 4 items with a half eagle but the cashier would probably call security. 
5
Comments
Just make the packages smaller and the materials thinner, and keep the price a dollar. Then more units will be sold, and more often, but the illusion of Bargain will be preserved.
Liberty: Parent of Science & Industry
The Sunday paper’s around me are terrible. Take out the fliers and the ads within the newspaper. Next thing you know I have a newspaper that is thinner than the newspapers that were sold back in the 1700’s.
Woolworth's made the Five and Dime stores famous. And hugely popular. By the time $15 becomes the new national minimum wage, the Dollar Stores may well be the new Five and Ten Dollar Stores.
Daily paper here goes as little as 24 pages. Trees are cheering.
Maybe they could help popularize the $2 bill by making it a two dollar store.
As wages rise, so do prices....and some businesses close....Cheers, RickO
What is a newspaper?
Paying people a living wage is a very good thing.
Hopefully, the minimum wage will go way up.
It is good for commerce and society.
Do stores that charge $1 for everything really exist anymore? Stores like Family Dollar and Dollar Tree just focus on lower priced items and not just $1. I'm not the most prolific shopper, but I haven't been to a true $1 store in at least a dozen years.
Tariffs will take care of your store too. Just saying.
EAC 6024
A town near me had a true dollar store up until around 3 years ago, now it is the $1.10 store
Not kidding either.
Of all the things that I have worried about in the last forty years, this ain't one of them.
The 99 cent store by me is super busy every day. I shop there all the time.
Last time I went, One of the items I purchased was $14.99 ?????????
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
You can't buy a daily newspaper for $1.00 - our best local is $2 daily, $5 Sunday.
I won't buy it anymore, except if I want a hardcopy of Dilbert, or a hardcopy of an obituary.
Have one on the corner and surprisingly it is has continuity, not just a bunch of close out dreck. Pick up stuff like pens and envelopes when I run short.
How about a ten bit store.
What you should worry about is the fact that there are 30,000 dollar TYPE stores in the USA
$2 face here. $2.50 on Sunday. They sell them for a buck. Go through about 350 copies on a Sunday. Suspect that the paper is cutting them a deal. Who knows. Who cares.
This is actually a great representation of how the news has changed. Great side by side images that really prove the point.
Businesses are struggling with how to reach all their potential customers. 15-20 years ago print and television got almost everyone
Now it’s much more difficult.
We have both here in LA -
I'm not that impressed with the Dollar General Store,
but like the .99 Cent Store (go there maybe every other month)
However, I STRONGLY recommend that those of you who like
these discounted places, find a DAISO store near you.
They are Japanese, have an excellent selection of stuff,
and the vast majority of it is $1.50 each (a few items are
$3, $4,). I absolutely LOVE this place.
They are in the San Diego area, and have at least 4 stores
here in the LA area, including two in the SF Valley.
Fully loaded cost for operating a commercial robot is about $12/hour...I'm thinking the cheers for higher minimum wage could backfire. Fast food production robots have been around for 20 years, they just couldn't afford to deploy them. I think we'll see some very interesting developments over the next 5-10 years.
Except they are texting Boopsie in Shanghai.
So let's have a maximum wage to keep people down?
Robots are not people. The 1% love robots. Robots make the 1% into the .5 %. Concentrating most of the countries wealth at the very very top. Robots do not question authority, they do not get sick, they do not have empathy. When the 1% get more money, they do not buy services or goods. On the flip side, when the poor and lower middle class get a pay increase, they spend all of it stimulating the economy. Basic economics 101.
I am a researcher, I'm not a proponent of robots replacing people, I'm just saying all of these are complex issues.
I was in a Family Dollar store yesterday, and not one item that I could see was $1.
Didn't have what I wanted and didn't take long to leave.
bob
Having fallen down a YouTube hole more than once, I've also found there are analogous stores in the UK named Poundland, Poundworld and Poundshop...
You beat me to it. Dollar stores are where most of China's "finest" stuff ends up.