PeakTrader.com

[administrator]

PeakTrader said...

Dollar stores also reveal little inflation, since 1982 (although, some items are lower quality or smaller):

April 30, 2010

"Eric Schiffer, CEO of 99 Cents Only stores, the fourth-largest dollar-store chain in the country:

"I think it's great for a customer to walk in and know they could afford any single item on the shelf, and it makes everyone feel like a millionaire when they're in our store."

They haven't raised their prices — or, I should say their price — since 1982...So, why whine about inflation?

So off I went in search of the savvy consumer. I met Matt Wright in front of bathroom products. Twenty percent more free on shampoo. Bonus size deodorant. I asked him how he chooses.

MATT WRIGHT: The biggest one. I should probably get this shaving cream. "Super Value, 16-Ounce Size."...Just like the three bars of soap for a dollar. They're 2.6 ounces. Now, is that really better than two bigger bars for the same price? Or would my dollar be better spent on the 7.5-ounce liquid soap that says 20 percent free? There's the four-pack of 2-ounce soap and the two-pack of 2.9-ounce bars, too...And they're all a dollar?!

Am I being cheated? It turns out, no!

CUSTOMER: Inflation sucks! The dollar store rocks!

That's right. At the dollar store, I'm Alex Goldmark, for Marketplace."

-------

http://www.blogger.com/comment.g?blogID=28997633&postID=7490977868549493531

--------

Interesting Facts of the Day: Dollar Stores

1. The combined store count of the four dollar store chains— a total of 21,500 (consisting of 9,600 Dollar Generals, 4,200 Dollar Trees, 6,800 Family Dollars, and 285 99¢ Cent Only Stores)—now exceeds the combined store count of the three national drugstore chains (19,700 for CVS, Walgreens and Rite Aid).

2. There are 2.5 times as many Dollar Generals in the U.S. (9,600) as Walmarts (3,858), and both Dollar Tree (4,200) and Family Dollar (6,800) have more stores than Walmart.

3. There are 5.6 dollar stores in the U.S. for every one Walmart.

-------

http://www.blogger.com/comment.g?blogID=28997633&postID=5668946076878550470

--------