Why Dollar Stores Are Struggling

[@tinalove8197]

"Lean labor" Translation: Overworked employees , 1 person expected to do the work of 3 people. They call it "multitasking"

[@dontbanmebrodontbanme5403]

More like one employee running the entire store!

[@SoloGodd-k4u]

They use words like "fast paced" "likes to be told what to do" 😂

[@kenjigracia1049]

Will go to the point: Private Equity Firms. They earn money by destroying companies

[@balsalmalberto8086]

Hey, at least the investors are bleeding the company dry.

[@franklindorrell4755]

And getting pay for one job while doing three. 😮

[@harrywalkey6298]

I worked at Dollar Tree and can attest they treat their employees like crap and do nothing for them. The 2 managers, the only full-time employees there, were both on food stamps. And worked 40-60 hr weeks. Not to mention, we weren't allowed to ban people for assaulting or threatening staff only for theft. And we were harassed and screamed at by some of the worst people in town. Bottom line, there is way more stuff wrong with dollar tree as a company than what they listed.

[@jcruz4759]

Truth!!

[@jsoo67]

Everything you say is true. I use to work with a former Dollar Tree manager. She basically told me everything what's stated and some.

[@marvinhare]

boycott, people need to come togher and take back their country.

[@Puddin_Pi]

DT runs things terribly. Management sucked even for us managers.

[@elilove1729]

I love dollar tree. Their stores are just poorly managed and always trashed

[@jmccoomber1659]

When Dollar Tree increased its prices to $1.25 it also added new lines of $3 and $5 items, such as storage totes and kitchenware. Shoppers no longer can expect everything on the shelves to be the same price and now need to check price-tags to avoid a shock at the register when several of the things they thought were $1.25 are $5 each.

[@littletom1978]

Exactly, they said in the first minuite of video this struggle started happening in past 2 years,, and what you outlined is what happened the past 2 years. They took there record profits during pandemic and told themselves, hey, we can make even more money with higher priced items, and now they are no longer "dollar" stores, just lesser 5 belows. Common sense as always lost to "journalists"

[@Nigelsmom2136]

You have to watch all their prices now. I went into DT to get toothpaste. It used to cost $1.25, it's now $5. It's cheaper at my local supermarket.

[@StacyRayl]

The five dollar areas clearly in dollar tree so are the three dollar areas mark clearly also clearly

[@tenmil1]

@@StacyRaylnot at my local store. They’ll have one item in the entire row that has a tiny $5 tag on the shelf under it, that is otherwise surrounded by $1.25 tags and priced items. It’s pretty deceptive imo. If youre in a rush you wouldn’t notice.

[@someguy2135]

My local Dollar Tree has added self-serve price checking scanners

[@TheTopNotchOne]

“Why are dollar stores failing?” *BECAUSE ITS NOT A DOLLAR ANYMORE*

[@mikeblaz]

And stuff is smaller/less amount of pieces. I use to get a snickers 10 pack "fun size" bars for $1. Now it's $1.25 for a 6 pack...

[@GoogleAccount00]

🎯🎯🎯🎯🎯

[@blu12031985]

PERIOD ‼️

[@Mocahontas_317]

Simple. I think we all knew that increasing their prices would be their downfall, I don’t see how they didn’t.

[@TheBella2u]

Also, like 99 Cent stores the produce department is disgusting, with 🐜 bugs usually knats. And, customer service is sh@t along with their inventory management. Not to mention brick and mortar stores are dying except for the select few big box stores who are beginning to implement AI and robots to get some of more repetitive jobs done. They should look at Trader Joe’s model, be good at what YOU do, stay in your lane for the most part. Make sure your employees care by paying them decently and provide your customer with above par experience in your store. They aren’t perfect but close. Almost every employee is nice and will go the extra mile to help you. And, quality is amazing and prices are in most cases less, except for some of their fresh meat.

[@NaveedHassan1]

The one liner is: they’re struggling because they’re more expensive and crappier quality than mainstream boys like even Walmart and Amazon.

[@pcofranc]

Some how they missed that. From 2011 to 2018? Dollar store was quick to get in and out and much less than Walmart and small sizes are great for one or two person households. 2020+? prices went way up relative to Walmart which was cheaper.

[@Bopzibeel]

​@@pcofrancBetter value to buy the full size items.

[@SalaciousBCrumb-md3lk]

Thanks! I can now skip the video.

[@Avantime]

@@pcofranc More like Walmart is able to keep prices down in an inflationary environment because it's such a behemoth, whereas the Dollar stores could not. It's like McDonalds bringing back the Dollar menu every time there's a recession, Walmart decided to keep prices down and that put many Dollar stores out of business.

[@ms.pirate]

Idk, man. The dollar tree company is alot more better company than the anti union walfart and assazon

[@DottyMcInk]

I worked at Dollar Tree for eight of the most stressful months of my life. With only one line open, it felt like I was constantly under pressure to move as fast as humanly possible. There was no room for error because even one small slip-up would cause the line to back up, and people would start getting impatient and frustrated. Then came the holiday season, and Christmas was an absolute nightmare. Customers were packed into the store, and everyone was in a rush, with some people yelling at me like I could magically open another line or speed up the process by myself. I was just one person, trying my hardest to keep up, but it felt like nothing was enough. To top it all off, the pay of 10$ an hour did not make it worth the stress. That experience taught me a lot, but I was so relieved when it finally came to an end. and this happened in 2023.

[@TheLordGoat]

They use the one cashier nightmare in every DS i've ever been in. Its some weird spiteful torture tactic i think lol Funny, to see the managers run and hide in their crap cubby room lol

[@mikeblaz]

Not downing you but why did you stay for 8 years? I would have been looking for another job EVERY day! At $10/hr and all that stress it just isn't worth it mentally and physically.

[@yesyes-om1po]

@@mikeblaz 8 months not 8 years lol

[@mikeblaz]

@@yesyes-om1po Lol...getting old. I would have lost my damn mind working there 8 years! I see what they do, have to deal w/rude people and how little they get paid. Even 8 months would be a nightmare...

[@RobinRockefeller]

At least customers are fairly nice at the one store I go to most. And the lines are never too long. They also have at least 2 people working all the time. But it still must be stressful with all the shipments they seem to get. I've never been In one where there weren't boxes everywhere. Every day.

[@kingderald]

A lot of these stores don’t even hire enough employees to put the merchandise on the shelves. The pay is horrible. I remember working and trying to motivate my employees to focus on making the store look presentable and customers noticed.

[@ghosthdel3098]

My family own a a couple of dollar stores, yes we are indian decend... not those Indian indian from america but indian indian like the CEO of google and those places when you get curries before or after your night out in the bars. We make good profits, we buy items/food that cost 80-90 cents and sells them for $1 or more. We wont make profits like Tesla or facebook but its easy money.

[@veryCreativeName0001-zv1ir]

@@ghosthdel3098 east indian = "indian american"

[@bluekarma4]

Our store was half empty shelves, many times the location is near a lot of homeless I see literally filling up their backpacks and leaving. This kind of model is probably set to fail if like that.

[@nicholasgutierrez9940]

Typical in small stores. Corporate overbuys items because they can only get stuff in bulk and then expect the stores to handle it. Items are usually bundled together, so a lot of stuff never sells but is necessary in order to get the stuff that does.

[@Lo289-im3ip]

As a disabled person these crappy wages are more than likely lifesaving for ssdi ppl that can’t make alot of money ($1400) outside our monthly deposits.

[@Vladinhousen]

High prices, low quality, low wages… a tale as old as time.

[@samsonsoturian6013]

That's just how convienence stores work. They don't have the ludicrous economies of scale that Walmart has

[@marvinhare]

boycott .

[@JaredR-l4j]

Billion dollar enterprise says otherwise they are cheap with everything. ​@@samsonsoturian6013

[@merricat3025]

With Trump administration I foresee it getting worse

[@cowboydelnorte3078]

Some Dollar Trees are packed. People don’t care about the $1.25 price it’s still cheaper than Target and Walmart.

[@highwayboyjon9517]

Walmart is CHEAPER than dollar general. DG is a RIPOFF. Dollar tree also sells canned goods and tuna pouches at $1.25 when most canned goods and tuna pouches are 88 cents at Walmart

[@mgsdrp]

Nearest Walmart is about 45mins to an hour away. Dollar General on the other hand, have 2 within 15 mins of me, and a third within 20 mins. What you save at Walmart is wiped out on gas and time.

[@UTeewb]

@@mgsdrp Yeah I imagine people in rural areas shop at Dollar General for the same reason people in Urban areas shop at CVS or 7/11 even though both are much more expensive than Walmart.

[@dontbanmebrodontbanme5403]

@@mgsdrp Bingo! That's the DG strategy. Go into poor towns, where they know most people don't have a car. Captive consumers are DG's target.

[@titukeke]

Rip off is a bit of an exaggeration.

[@2beJT]

Walmart will raise prices once everyone else it put out of business. They have to, they're publicly traded.

[@Me97202]

People are finally figuring out that paying even a dollar for a *tiny* amount or size of something is actually much more expensive.

[@AyjayAlleyway]

Well, their revenue is at an all time high

[@Tryp-j9d]

@@Me97202 We’ve had UNIT PRICING since the EARLY 70s!!!

[@ThrowItOnTheGrill]

It used to be that psychology of "everything is a dollar". Then, they went to $1.25 and I think that screwed them because now you're thinking, "I can get this cheaper at (wherever)." Then, they added more expensive items, sometimes creating a bait 'n switch. I've cut down going to Dollar Tree because they'll put $5 items on the $1.25 shelf, then you go to check out and get the surprise. I think that they believe you'll just be like, "Oh, I'll take it anyway." No, you can't be further from the truth.

[@mindlessftw]

People don't understand that stocks are different than revenue 😂​@@AyjayAlleyway

[@Nooneman621]

You can get full canned food meals for a dollar in there lol easy two servings.

[@dmac7128]

Any business that can't meet minimum standards in workplace safety, employee treatment and compensation, customer service, and competitive pricing, it doesn't deserve to remain in business.

[@saibata750]

Tell that to overseas manufacturers that make everything we buy in the US

[@yamamaahoe789]

⁠​⁠@@saibata750ur reply has absolutely nothing to do with the comment ur replying to😭😭🤡

[@KameraShy]

So what exactly are the workplace safety hazards present in a dollar store? These things are just empty clickbait and not reality.

[@dmac7128]

@@KameraShy Cluttered aisles for one thing. Unopened and opened boxes of product strewn in the aisles) I' am sure that doesn't meet fire code regulations. And not hiring an adequate number of employees tends to lead to overwork and unsafe working conditions. Plus I would imagine that security isn't up to par in some locations.

[@dmac7128]

@@saibata750 Well, as American consumers we are a party to that problem. If we didn't buy products from those companies, maybe they wouldn't be in business. But that is the choice we made over 40 years ago when retailers like Walmart took over the suburban landscape.

[@FradAnner]

Spend your money wisely-invest in quality where it counts, for it often outlasts the cost of cheapness. Yet, remember that sometimes the simplest, least expensive option is the real gem in disguise.

[@MosheerElly]

Great advice and I live by it as well. I have wasted too much money and time on cheap garbage

[@OsamahMoco]

I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My wife and I will be retiring in the next two years n another country. We are absolutely worried that SSI will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.

[@MhadzVai]

@@OsamahMocoWhat country you moving too?!'m headed to Thailand or the Philippines in 4 years.

[@YaxelBurone]

Exactly well said.. spread the wisdom

[@YaxelBurone]

@@OsamahMocoI would really love to know how much work you did to put in to get this stage

[@craftingwithmyfriends]

Dollar tree ruined themselves by going to $1.25.

[@Hippitidippity]

Agreed.... Well all the stores were jacking up their prices to try to get back their COVID money losses people flocked to these stores for so many items and then they turn around and jack the prices up on us when the reality was that more people were going to come to these stores as the other stores jacked up prices have they just held the line

[@AJ-gz6qd]

But yet we still in there in groves.

[@drearydancer]

I don't mind it but I refuse to buy anything higher than $1.25 from Dollar Tree. They are off their rockers selling items for $3, and $5 and blah blah blah.

[@Balletcalvero]

Dollar General shouldn't even be considered a dollar store. It's expensive as hell

[@gwcrispi]

Yeah, it's just a poor man's WalMart. Not a dollar store.

[@Its-Fryday]

Hell is so expensive it costs your entire soul

[@olajawanmagee768]

Right I just go to Walmart at least you know they have what you need unlike dollar general who can’t keep shelves stocked

[@TravisMcMurray]

It doesn’t help that they treat their employees like garbage either.

[@jillybean651]

3 things left out of video: 1) The rise of online shopping at Temu and Shein 2) Walmart dropping the price on the same things Dollar store has so that the same items are cheaper than $1.25 and 3) The underestimation of higher income people that shop in dollar stores.

[@SnappyWasHere]

People hate Dollar General around here because they keep cutting staff so the stores are dirty and a mess. They used to be a decent place to go and Walmart is a long ways away but they quit caring so locals have quit going.

[@manyyoumas]

i once went to the bathroom in a DG… worst mistake of my life

[@junyaiwase]

Same thing with family dollar , some of them only have 2 people running them

[@charlevoix2]

because when they do find good staff they work you like a dog and wonder why people quit working.

[@VBMichael_D]

I used to work at the corporate office. That's exactly what would happen. That's how they would save money on the back end.

[@eduard348]

​@@charlevoix2their profit margin is like 3.5% BTW. Good luck sustaining higher wages.

[@prtdiva]

Prices went up and the stores are filthy. I tolerated the gross stores when everything was actually $1 at dollar tree. But when they increased prices, I couldn’t justify the cost. Might as well drive to Walmart or Target if I’m going to post the same price, get a better product and have a cleaner experience. This is a no brainer 🙄

[@lynb2039]

I dont believe you. I dony believe you avoid dol stores

[@prepordietryin9119]

A few months ago I was hiking out in the woods and walked right up on a Dollar General

[@YourMom-vl2sp]

Must be in Oregon 😂🤣

[@The_Stockfather]

😂

[@purplemicrodot58]

I totally believe this story.

[@ADNANJAZZ]

Same here. I thought I was lost with my kid in a city park and guess what , I landed out in the back parking lot of Dollar tree !! Mentor OH. 😝

[@Karen-h7j1x]

This is believable and funny

[@Alolan.Vulpix.Getting.Railed]

Lean labor model? Dont sugar coat it, its called overworked employees

[@mackpines]

Dollar Tree made the worst decision when they decided to buy Family Dollar. Clearly nobody learned anything when Kmart acquired Sears. We saw how well that worked.

[@tika2glamorous]

Very true! Is Sears official closed? I haven’t seen one in Chicago in years

[@captiannemo1587]

I think a few Sears reopened a year or so back.

[@williamford9564]

@@captiannemo1587 I don't think any have "reopened". There are only nine stores left in the US and one in Puerto Rico. I suspect in five years we will look up and see there are no Sears stores left.

[@PopRockRevival]

to be fair 12 years ago family dollar and dollar general stores were thriving because the national low income retail grocers weren't offering cheaper goods and commodities. in recent years dollar stores have pitted themselves where there's too many liabilities and risks.

[@williamford9564]

@ Family Dollar was struggling at the the time while Dollar Tree was doing well. There was a lot of criticism of the acquisition. Hindsight is 20/20 but it can be argued that the money DT used for the acquisition could have been better spent on upgrades and investment in technology.

[@icytux3484]

How to save a company: stop public trading, infinite growth for shareholders is the cancer of the economy, greed.

[@kdeas10]

Dollar stores forgot why we dealt with their low quality slop and now they are paying the price shocker

[@ciarayung7967]

Facts!

[@davidsamuelson2089]

Love how these experts all say the job market is still very strong, yet people are making less money all the time and everybody is losing their jobs to corporate downsizing, while record profits to realized.

[@murlepeterson6028]

Yes!!! Here it was announced property taxes up 40% come 2025 so there goes rents up 40--50--60%. To cover this, be a renter, buying your home or own there is that! Plus increased groceries. Gas, cars plus upkeep,or transportation overall! There is NO BREAK ! Sadly the concept/ reality of only have say a $10 or $20 then it's laundry day, need to go to a laundry mat ...partial dry, bring wet clothes home, hang about the house to finish drying .. or hand wash, machine wáh at home, take to dry , maybe!! Yes, about going down to the river!! These CEOs , gov officials really know or don't but don't hear or listen either!!

[@scifirealism5943]

I'm on welfare because I make $10.50/hour.

[@Tomhyde098]

It’s more expensive than Walmart and they don’t have a lot of variety.

[@EnlistedBombin]

100% right dollar stores are hit and miss in my area. Never can expect them to have the same thing besides like basic TP and Soap type goods.

[@smorris281]

My Dollar Tree has some really good stuff now. Some real good deals too. Oz for Oz, My Dollar Tree is cheaper than Walmart and other grocery stores.

[@user-yg1dg6xm2g]

Dollarama in Canada is really thriving. They manage to compete with Walmart on price. We also have Dollar Tree here, but Dollarama offers better value. The key is that Dollarama sells items priced up to $5, which allows them to offer products in larger sizes, delivering better value. Another benefit of Dollarama's model is that they don't carry perishable foods, which helps them keep prices low and their inventory efficient.

[@marcwilliams5051]

I usually get the Irish spring bar soap, Shampoo and conditioner, razors, and cleaning supplies. All of these items cost 1.25 and last me nearly a month so they are a good deal. Thier food isn’t great deal unless you are just buying rice and beans

[@dontbanmebrodontbanme5403]

Right, but the reason why they've succeeded for so many years is that they went into areas that even WalMart wouldn't go. So imagine if you live in a location and you can walk to a Dollar Tree. An 8 minute drive would get you to a real supermarket with much better unit prices, but you don't own a car. That's the customer Dollar Tree wants. Basically a captive consumer.

[@VBMichael_D]

If you can avoid shopping at either, please do. I worked at the DG home office in Goodlettsville, TN. The corporate office is so disconnected from what's going on at the stores, and are indifferent to what they do know. They save money by overworking employees but also cutting their hours.

[@ArizonaY2K]

I can attest to this! 2015 I worked in HR because they give free daycare. The pay was great! The job great! But they were clueless to what DGs image was, customer base was, how bad it was in the stores, the isles impassable, employee turnover over, etc etc etc ! I was dumbfounded. I moved away from Nashville in 2016 so I had to quit. But the ONLY stores looking great are NEW BUILDS. The old ones are absolutely disgusting

[@VBMichael_D]

@@ArizonaY2K If were in HR at the SSC in Goodlettsville in 2015, I am almost positive I would know who you were. :D I was in desktop support, but under Genpact, not DG. IIRC October of 2015 is when they laid off those 130ish SSC employees.

[@ArizonaY2K]

@ small world! I lived over in gallatin. I loved the job and the bennys were amazing. I just couldn’t do that area anymore lol had to go small town! I hope you are doing well 😊

[@purplemicrodot58]

At the most basic level, it's simple. When they moved from "Everything's a Dollar" to "Everything's $1.25 and Up" half of their inventory got priced out by Walmart. People will spend an extra $2.00 in gas to save $0.25... even me. I know, I know.

[@texasdazzlers]

So true, and for an avid price watcher like me that’s not easily fooled, this was happening before the pandemic. I started noticing some of their toiletries, household products, and food were not the steal they made them out to be. Something that was a dollar would be 88 cents at Walmart. I still find their prices for gift wrap and stationary to be pretty competitive, so I’ll go there for that only….that is, if I have the patience to wait in line for 20 minutes.

[@covishen]

I remember reading a news article about Dollar Tree and their raising prices to $1.25. The board voted unanimously to raise prices then gave the CEO a huge raise.

[@jeremymarsh569]

DG merchandise is also lower quality than the same branded stuff at bigger stores. Saw a comparison video for products between Walmart and DG and it's pretty appalling the difference in quality and size for the "same" product.

[@kenyattaclay7666]

These dollar stores were NEVER a deal to begin with. As it was stated in the video the better deals were always to be had at your traditional stores. The simple fact is if you are shopping solely based on end price you are losing money. I realize that there are people who either live in food deserts or are down to their last few dollars so these stores help them in a time of need. However the truly economically aware person looks at price per (pound, ounce or whatever) instead of end price.

[@i_i8924]

What really irked me was that they didn't just raise prices to $1.25 (I get it, its needed) but they SHRUNK a lot of the products that they are now charging that $1.25.

[@ninjanerdstudent6937]

These stores make me sad, and I don't like feeling sad, so I avoid them.

[@nasirb3914]

Which stores do you like? I think Walmarts look like prisons,despise Walmart.

[@stevengolden9009]

Had a friend who was a distribution manager at a Dollar General, they treated him like crap, the workers there like crap, and he left because he had no support.

[@badbad-cat]

No union, no support

[@mattkoselowski-wh9vj]

That's the American way, just admit it for 90% of workforce. Greed and profits over everything!

[@jaschan2006]

How much did your friend get paid? $70k?

[@adamhuffman3354]

Yea every time I walk into a dollar general there’s always piles of stuff everywhere and I NEVER see more than one employee!

[@kingchris7519]

@@jaschan2006yes

[@thingsweshouldkno]

Idk, maybe because they set up in impoverished areas and keep prices low until they shut down competition and then charge you $5 for a loaf of bread and $7 for eggs in a rural area where prices are much lower fifteen minutes away. They create perceived convenience so they can capitalize on taking advantage of people that typically have very little and are searching for deals.

[@anthonytaylor7928]

Aw stop they are in middle and upper class areas too

[@angelachanelhuang1651]

I do write down what I spend at the stores before I spend it

[@mywaterfountain]

Honestly, when they increased their cost from one dollar to $1.25, and now they mix in $3 and $5 items in with everything else, I shop there probably about 1/10 of the time and I buy about 1/10 of the things I used to. It’s a confusing shopping experience to echo the person in the video. And I’d rather have a simple easy experience. Dollar Tree is now like Dollar General (which I hate) and I can go to a bigger, better stocked store down the road with more selection to do my shopping and walk out happier.

[@jason-s8c]

Remember when dollar stores were… A dollar? 😂

[@justicedemocrat9357]

What's so confusing about $1.25 I don't understand what you're babbling about?

[@thatyoutubeguy7583]

With inflation if they didn’t increase the cost then the products would’ve had to keep getting worse and worse

[@jabba334]

Dollar General has also been accused and sued in several states of cheating customers on pricing. They'll increase the prices in their system that you get charged at checkout but not fix the shelf lable. When called out, they use their overworked labor issues as an excuse but it's been found that they deliberately do this. I've also experienced this first hand.

[@1linkbelt]

That is why I stopped shopping at dg several years ago, and will never go back.

[@beats.bydeadmansgun4957]

I experienced the same issue, it’s BS.

[@ryanwalters6184]

They have run Dollar tree into the ground. That used to be one of my favorite stores. Now it's just another family Dollar. Very sad what they did to the Dollar tree.

[@Seeingisntbelieving]

I used to hate Walmart-until they were the only big retailer that fed thousands of Americans hot food, water, and ice in the aftermath of Hurricane Helene. Now I try to buy something from Walmart each week.

[@JIm-w1b]

If companies focused on the needs and satisfaction of their customers, instead of putting profits ahead of all else, they would ironically make 2 or 3 times the profit they do now, and everybody would be less stressed and much happier

[@lenaely6146]

That's literally exactly what they're not even vaguely interested in. A good portion of American companies are built on cheating Americans/customers.

[@eduard348]

Their profit margin is around 3.5% good luck with that mindset

[@michaelschiemer3]

The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. It is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into it.. My two cents.

[@derrickholfman2]

Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?

[@CindyValenti]

I do agree, Investing has gotten difficult especially after pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now .

[@Olsontim21]

Hello, I'm curious to give this a try. Please who is your advisor and how do I get in touch?

[@CindyValenti]

The popular lady Annette Christine Conte comes to mind. You'd find her basic info. on the web to set up appointment as she offers free consultations.

[@Olsontim21]

Thank you for sharing, I must say, Annette appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.

[@neilcarrier1620]

I don't think the customer service aspect can be over-emphasized. One of the differences between Aldi and the dollar-type stores is that: at Aldi there are always enough people working to get the job done right. If shoppers are backing up, they open up a new checkout, the shelves are always well-stocked and cliffed. Another factor is that Aldi serves a range of customers; those on a budget can come away with bargains, but they also have nice meats, cheeses, etc. This draws a variety of people into their stores.

[@darkstorminc]

Aldi pays a decent wage as well.

[@Creativehotdog]

Aldi pays really well for a grocery store. My daughter worked there in college and actually struggled to find a job with her degree that paid as well as Aldi. They promote from within, are big on employee safety, and give occasional bonuses for the store performing well. All the things companies should be doing to create a desired work environment. Happy employees equals happy customers

[@amberrj.]

​​@@Creativehotdoggo figure Aldi isn't an American store🤦‍♀️. & their cashier's get 2 sit down!

[@softersideofc.c.5655]

Aldi one of my favorite stores

[@glenparker1498]

Germans are process and detail oriented

[@Pinkrosesandagraveyard]

Dollar tree raised their prices, got rid of a lot, and then replaced it with $3-5 stuff that you can get at the grocery store or Five Below for cheaper or better quality.

[@okamisan3642]

They don’t pay their employees enough and it shows. It’s like being in a store run by a 7-year old. And all the plastics! The place is a nightmare. Close them.

[@iJamesonTV]

Completely agree with all the plastics. It’s horrible… I walk in there and all I see is single use or very cheaply made (even for the price) garbage.

[@MantonioBanderas]

A store that relies on paper-thin margins and has to answer to investors has a big problem.

[@lenaely6146]

🎯

[@BloodyboyABO]

I used to work for Dollar Tree in the stores heydey. It is a scam. They used to have good products, lots of name brands and sporadic closeout items. They use the workers who are not allowed to have more than 25 hours without permission from their district manager. The truck driver is expected to unload the trailer. Only one employee in the store gets a real wage and they must work 45-60 hours a week with no overtime pay.

[@jasonleatherwood2172]

Bro most those store managers work 70-80 hours least i did

[@Tryp-j9d]

Why SHOULDN’T a driver unload the truck???

[@jasonleatherwood2172]

@@Tryp-j9d they are truck drivers with years of training to drive dock and then drive back they should not do 15 a hour jobs like stocking they are paid to drive thats it

[@jasonleatherwood2172]

@@Tryp-j9d would you pay a doctor to do a nurses job same difference makes no sense

[@darkstorminc]

​@@jasonleatherwood2172 not every truck driver has a load that goes to a single store. Drivers with loads for multiple different stores are responsible for unloading. merchandise

[@fulanitx]

Dollar tree died when it stopped being a dollar per item store. There are other better options for better quality items.

[@onlysymbols]

Dollar Tree used to be a go-to for anyone on a tight budget, offering straightforward prices that kept it simple: everything was a dollar. But now? Greed has taken over. Dollar Tree decided to squeeze more out of their loyal, often underprivileged customers by raising prices and adding $3, $5, and even higher price tags to their shelves. What was once a reliable place for affordable essentials has become a frustrating experience, where items cost more than their value and deals are hard to find. Dollar Tree may have thought they could take advantage of people with fewer options, but shoppers aren’t fooled. Those who know real savings will take their business elsewhere. The greed driving these changes is pushing away customers who came for simplicity and affordable prices. When a brand loses sight of its roots, it’s only a matter of time before people find better options and leave it behind.

[@MB-xe8bb]

There aren't that many things that can be sold for a dollar anymore. Inflation.

[@suen5006]

Inflation has pushed up costs. Why do you think there are no nickel and dime stores left? This is the modern equivalent. Not much wholesale that you can get for 1$.

[@ChristianJacquet-my3rl]

Someone said that it's time to be concerned when you start to see individuals shoplifting groceries rather than big-screen televisions, and i agree.it's a sign that things are getting tough.Soaring inflation and rising living costs are taking a toll. Interestingly, despite the market struggles, some individuals still earn impressive incomes - over $365,000! I can't help but wish for financial stability like that.

[@JonesMichael-ps4ck]

Even in a weak market, opportunities exist for experienced investors. Speak with a financial advisor to capitalize on them.

[@mehrrepairz]

I went to a dollar tree recently. Bought a balloon, a 2L Coke, and a battery. The balloon was $1.5, Coke was $2, and batter was $3…. The magic was gone…

[@Tryp-j9d]

@@mehrrepairz $3 for ONE battery? I HOPE it was a CAR battery!!

[@bennyhinu]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k

[@himedft]

Wow that's awesome

[@himedft]

But I still love my mentor Sophia, god bless America 🇺🇸

[@Justinhsgsfwfefyu]

Sophia again she's my mentor since last year I just received my profit this morning £89k

[@Mavistyio]

I'm glad you made this conversation , it reminds me of my transformation from nobody to a good home, $80k bi weekly and a good helper Sophia full of love

[@ApprovedGiveaway]

Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.

[@victoria.galvin]

Dollar Tree is good for inexpensive seasonal or party decor, perhaps some storage or kitchen items like plastic wrap or foil. It depends on the item.

[@sjferguson]

I also buy holiday cards or cards for birthdays and whatnot. The price of greeting cards is absolutely ridiculous so for $1.25 it's worth it to go there for cards.

[@iJamesonTV]

Went to dollar tree for the first time in a year or so. It was dirty, aisles blocked, and carried nothing but cheap garbage. I felt like even $1.25 was overpriced for their items and walked out empty handed. To me, it’s poetic justice for these corporations with how they sucked lower income communities dry by running out small businesses and paying inadequate wages.

[@chrislafave1310]

Probably because people are finally catching on to their shady practices and stealing from their customers.

[@MrMastrsushi]

The average dollar store shopper isn't thinking of ethical practices lol.

[@SibylSVerneZEl]

@@MrMastrsushiyou’d be a fool to think that. People aren’t the sharpest but they aren’t that stupid to realize the size in a lot of their products reduced when they increased prices to 1.25. I was an avid dollar store shopper but I rarely go there now. May as well go to one of the giants.

[@robertoooooo]

Along with people realizing that they treat their employees like absolute 💩

[@StephenSmith304]

​@@MrMastrsushi In many communities people are becoming wise to how dollar stores push out local grocery and convenience stores, turning places into food deserts where only fast food and dollar stores are left.

[@cherylT321]

Yep!

[@crystalgilliam3006]

What a crock. Its because even the dollar store is too expensive for people right now.

[@karenwinston8911]

I am so happy to hear this. Watching DG stores pop up in these "food deserts", only 5 miles down the road from another DG, makes me nauseous. Theyre understaffed, manned by stressed and overworked employees, and filled with boxes... always filled with boxes. If half the stores closed tomorrow, how much grief would it cause? Not much.

[@amberrj.]

It's literally 4 Family Dollar's within a 5min drive from my home 😅.

[@queenelueme8946]

Slave labor 😢

[@PhinazeeHann]

Most people are taught that "you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists~

[@PhinazeeHann]

INVEST IN BITCOIN & STOCK 🔥

[@harichandrakhandate4582]

This must be an investment with Mrs Geraldine Ann Philip

[@Charlotte22-e2t]

⠀ She helped me recover what I lost trying to trade myself

[@Charlotte22-e2t]

Geraldine Ann Philip understanding the market indicators is impressive. She knows exactly when to enter and exit trades for maximum profits. her siignals are top notch

[@Kennedy-z4v]

That's amazing, I've seen different people talking about this Geraldine Ann, she must be a cool woman for people to talk this about her,how do you people earn money?

[@davinp]

Also they are not supposed to block the emergency exit in the back - that is a violation. The reason stores are messy is that they don't have enough employees to stock the shelves

[@darkstorminc]

Or they pay so little the employees don't work as fast as they could if paid a proper wage.

[@Fuchsbau101]

They want to price gouge like everyone else the past four years. Doesn't work at the dollar tree. It's based on everything priced at a dollar.

[@balsalmalberto8086]

Dollar tree took over a vacant 99 cent store. They did not even bother to refurnish or fix up anything. Grand opening the floors looked dirty. Just added a bunch of shelves and setup inventory. I honestly found 99 cent had better selection.

[@SANDYMILLER23]

The fake dollar tree 99 cent store near me is very depressing. I miss the 99 cent store

[@happycook6737]

People have run out of money to buy "crap". Most people I know are eliminating snack food due to cost. They aren't buying unnecessary things like decorations, cutesy, etc. We also learned to keep an eye on price per ounce. Often other vendors are cheaper! And why use the example of dryer sheets? Most people struggle to just buy detergent! Nevermind unnecessary things like dryer sheets.

[@g.flesch9731]

Buying seasonal decorations is a waste of money. No one needs new seasonal decor. Bought a big pumpkin it rotted & threw it out did not get another. Everyone must have Christmas decor. Don't buy more.

[@natekong3596]

They're way understaffed and pay horribly. As a result, their stores are a mess. Stuffs are all over the floor and shelves are unorganized. It's miserable to shop there. Compared to Asian budget stores like Daiso, it's night and day. Daiso is clean and organized, easy to find what i want.

[@johns80schick]

But try and find a Diaso outside of NYC/NJ or CA

[@natekong3596]

@johns80schick there are many Daiso stores in TX.

[@kevink1575]

​@@johns80schickthere's like 5 now in my town here in south Texas. They're rapidly expanding thankfully.

[@johns80schick]

@@kevink1575 Are the items made in China or made by Diaso themselves? The Diaso's in japan make the majority of the products they sell.

[@thewiseguy7100]

You’re Asian, your bias opinion doesn’t count KONG

[@MagdaleneM-f3q]

With around £120k invested in tech/TSLA stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

[@PajinakStanovska]

Prioritize two goals: strategically sell stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.

[@MablePauls]

Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.

[@YadaniL-g8k]

That's incredible. Could you recommend who you work with? I really could use some help at this moment

[@MablePauls]

"Julianne Iwersen Niemann" a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@YadaniL-g8k]

I’ve just looked up her full name on my browser and found her webpage, very much appreciate this

[@KA9DSL]

Even Dollar General is expensive to go to. They advertise a price reduction on an item, only to find it hasn't. Why so much for Cola products? Things are much more affordable at ALDI's.

[@kolbyking2315]

ALDI's nutz

[@indy_go_blue6048]

Remember when DG had Clover Valley, their own generic brand of pop at about half the cost of brand names? I loved the root beer.

[@ronhoover5516]

I love Aldis but they're crapping the bed lately too. Too many locations and stock outs more frequent. We've also noticed a drop-in quality of some of their offerings. mostly produce. They need to slow down, fix a few glaring issues and get the non-food crap out of there - Aisle of Shame I'm looking at you - and go back to their roots.

[@deescott8312]

You can get cheaper better quality things at Walmart then they have the nerves to raise prices to 1.25

[@weswest8666]

Dollar tree is always understaffed, every time I’m there I see folks leave their baskets when they get tired waiting in line

[@Lakemountainview]

No one wants to work there for $11 an hour Where they can get another job that pays $15 and up an hour People are not spending like they used to sales are way down I wouldn't be surprised if they went bankrupt.

[@unsolvedintexas]

Having recently been at a Dollar Tree they need to hire more cashiers having one person working the register is just ignorant.

[@samsonsoturian6013]

The stores are minimally sized so they can build them anywhere. It's the first world equivalent to a street vendor

[@Aric--]

Fun road trip game while driving in rural America is call out every dollar general you get a point.

[@christopherlapp4553]

I pass four on my 20 minute drive home

[@darkstorminc]

Good thing it's not a drinking game lol

[@Creativehotdog]

I do this! 😂😂 One stretch we passed 8 in 50 miles! It's crazy how prevalent they are in rural areas. When I vacation in Kentucky we do a lot of DG shopping because the Walmart is an hour away!

[@amberrj.]

I think it's actually more Family Dollars nationwide vs DG's. Just fyi lol.

[@levelupliz]

Dollar Tree used to be one of my fav places to get toys and games when I was a kid.. but wow.. reading about how they treat employees is depressing. The older I get the more depressed I get seeing the world and what the world is like :((

[@SteveSabbai]

The reason why I don't shop at "dollar stores" is because their prices are more expensive than my local Walmart.

[@spencercorby4571]

And the local Walmart is usually pretty close by, the DG in town is like, a mile, vs Walmart which is 6 miles in the next town over.

[@Danpron109]

The massive increase in Bitcoin comes as markets tumble, inflation soars, and the Fed enacts steep rate hikes-all of which spell deeper losses for portfolios this quarter....With treasury yields also climbing, now could be an opportune time to pivot. Should I liquidate my $125k bond/stock portfolio to capitalize on this volatile market?

[@priyankamahatma6672]

I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.

[@liuyanli]

Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

[@gracegomez109]

how can I get your advisor please, if you don't mind me asking? I could really use a help as of now.

[@liuyanli]

Her name is 'Kenia Giordani Borges’ Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@gracegomez109]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.

[@TJ-yv3kp]

Very simple...the staff are often rude...the stores are understaffed... most stores are out of carts...the aisles are junky with boxes of inventory in the way...lines are ridiculous...they added prices over a dollar so you have to be careful to not fall in love with a $3 vs $1.25 candle and lastly you can go to walmart and still get .88-$1.00 items now overpriced at Dollar Tree. I shopped at Dollar Tree to avoid Family Dollar and Walmart. Most Dollar Trees are empty now because they killed their brand😢

[@abqmalenurse]

I went through some rough financial times some years back and DT really kept me afloat. My finances have improved and I now buy things in bulk at other places. I will still go there for some items. Some batteries, vases, candle holders, candles, dish soap, laundry detergent, etc. Been known to buy frozen sandwiches for work. Same brand is more expensive at grocery stores. But I mostly cook at home and take food to work. Count yourself as privileged if you have never HAD to rely on dollar stores.

[@DerkuiDerkui]

Dollar stores are more expensive than Wal Mart and their shady business on charging debit/credit cards extra transactions doesn't help either.

[@knowgovt]

Glad they are mentioning Aldi's. It's a healthier choice alternative to the dollar store foods.

[@bluekarma4]

When I went, there was a long line and one cashier. I just ended up leaving my things and walking out. You might want to fix that.

[@tiandao8503]

I used to shop at JC Penny and Kohl's. When i couldn't afford that any more, i shopped at Target. When i couldn't afford thst, i shopped at Walmart. When i couldnt afford that, i shopped at dollar stores. I can't afford that any more so i dont shop anywhere.

[@rss8363]

Cool story bro

[@lunatremolsaries8027]

😅😅

[@christinacody8653]

We have gone through this “failure” cycle before. Back when I was a kid in the 80s and 90s, there were 79 and $0.99 stores. Both of them were the effects of open trade with extremely inexpensive when opened but about a decade or so later, the costs for those businesses were such that they first tried to increase prices, then later failed (because the premise was no longer true).

[@leechjim8023]

And people are too stupid to learn from history!!👎

[@thawhiteazn]

Couldn’t have happened to a more deserving business

[@karinasmith5183]

I used to shop at dollar store at least once a week. Once price went up by 25% I decrease my visits to 1 time a month and buy in bulk from Walmart

[@Vub.]

2:47 there is your awnser. Greed. They are doing AMAZING last 4 years but they want that growth to NEVER STOP is the issue. Stockholders want 30% growth every year forever. Just be happy that you have a thriving company.

[@Rashaadthegr8]

Why keep family dollar open? Makes no sense.

[@Malica-h7z]

Awesome video, Gracias,! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like crypto prices going higher but also buying over-priced market and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend crypto and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Haley Eleanor , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@Zachbraxton716]

I believe the Bitcoin bull-run will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you

[@xayotbektolibjonov3147]

YES!!! That's exactly her name (Haley Eleanor )so many people have recommended highly about her and am just starting with her from South Savo 🇫🇮

[@winces]

she is a licensed broker and a FINRA AGENT in the United States 🇺🇸 .

[@MobelyMobely]

It is critical to have a strategy in place to capitalize on profits when they occur.

[@Jorg-ze5ck]

This sounds so good and I would like to be a party to this, is there any way I can speak with her?

[@angelasieg5099]

My husband manages a Dollar store. Even employees hate the new Family Dollar/Dollar Tree combo stores.

[@sufthegoat]

These dollar stores are not one dollar, and one employee is doing most of the work

[@Digital_Ninja279]

Dollar Tree stopped selling movies also. They haven't gotten any new stock on them for almost a year.

[@GeorgeFreda]

This is my opportunity to share my story. In the winter of 2021, Houston tx had a once a century winter event which did a number on my house including pipes freezing and busting. I had to go somewhere to go to the bathroom other than my home. I went into a FAMILY DOLLAR and explained the situation that I needed to use the restroom and they refused to let me use there facilities when I had been to other family dollar stores when I lived in Longview tx. And never a problem. The lady was rude saying sarcastic that it's for employees only with a sneer. I called the headquarters and left a message with the complaint depth. And never received as much as a phone call back from them. I will NEVER EVER purchase anything from family dollar ever again!!!

[@richiegillham42069]

Dollar General is NOT struggling. They’re constantly building new stores. Family Dollar is probably struggling tho. DG could use hiring more people per store though

[@---zc4qt]

"Dollar General" is NOT a dollar store.

[@FortunateSon-re9bh]

They closed their restrooms to the public and a couple around here don’t have shopping carts here anymore. Shrinkflation is very common.

[@ericroll]

90% of Americans live within 10 miles of a Wal-Mart. That's amazing!

[@AnnieE2012]

Praying for this company and there employees ❤❤❤

[@sephoralydiaisrael2458]

As Someone who worked for Dollar general they want you to do 80 things at once for less then $300 a week stock the products but also Ring customers out watch as security clean the parking lot but watch for customers the managers leave you all day they want you to come in early stay late and cover for other employees who no call no show but they never fire them ...But when you ask for a day off because you are tired from working other people's shifts on top of your own they fire you it makes no sense when one person can't be everywhere at once they never have to worry about me again I killed myself in that store trying to keep the shelves stocked and the store organized...I asked for a day off for a personal matter and they fired me but kept the girl who did absolutely nothing 🙄go figure... I won't even shop there anymore just because I know how they do their employees God help all who work there

[@crankypantsmcduff]

We have "dollar" in the UK, pound shops we call them, ours have now become the £1.25 shop. You get good brands at decent prices but since the extra 25p went on, the products aren't the same, seem to be even cheaper quality. They're good for cleaning stuff and stationery and that's it now.

[@MB-xe8bb]

The Dollarama in Canada is great. And the stock price is way, way up. Probably overdone now, tho. Canada can only support so many dollar stores.

[@jsijret3947]

If they stopped being greedy at dollar tree they could still be doing well. They charge minimum 1.25 for every item. Its absurd and it actually makes a huge difference at checkout especially considering most dollar store customers are repeat shoppers and go often

[@indy_go_blue6048]

You're essentially getting 20% less for your money. So much of their stuff was priced perfectly at $1 but it's not worth $1.25.

[@jsijret3947]

@ I agree

[@lisae357]

I shop for specific products at Dollar Tree such as necessities like toiletries, hair accessories, freezer bags. These items are usually a good value compared with other stores including Walmart. It’s the lack of supply of these items that has driven me to shop elsewhere for those same items, despite the higher price. I don’t have time to go to Dollar Tree 6-10 times to buy these items.

[@superblitz]

I worked at a D.G. for a brief period of time. It was mainly me and a supervisor running a store during an 8 hr period. With such a lean staff, think of how tricky it would be to take in new inventory from a truck, put product on the shelf, keeping all the aisles straight, while trying to provided customer service and run a register. Easy for the employees to be overwhelmed and how frustrating it must be for the customers.

[@eddiew2325]

is it ok if i shoplift some stuff?

[@jackjackthompson5771]

Thats nuts

[@Silent_Running]

I think dollar tree is making a mistake by adding the more expensive items.

[@llshallfall]

You mean the 1.25 store. Greed pigs. 1 damn employee in the place

[@joseconstante9510]

Last week I finally quit working at dollar general, I can say that the stores are failing because of the management, I wasn't trained at all and I got left to run the store for weeks, the district manager fired everyone who use to work at my store or everyone quit because of her management....

[@Theblankminer]

I work at family dollar and employees (regular guys like me) don't even get PTO its crazy to think they want us to work constantly while managers get PTO.

[@TheAlphaZulu]

Love how this video doesn't state that these store exploit poor people.

[@therolando608]

Just wait until Trump's tariffs absolutely decimate these types of stores that rural Republicans depend on.

[@roadkillgravy5168]

Blah blah blah blah blah blah blah

[@veryCreativeName0001-zv1ir]

i doubt trump will go through with tarrifs sounds like his whole speech on medicare

[@therolando608]

@@roadkillgravy5168 Ignorance truly is bliss until it affects you.

[@teemoammo]

​@@therolando608blah blah he had 4 years didn't do nothin

[@mgsdrp]

Not everyone in rural America are republicans.

[@BeNice611]

This is easy. They raised prices over $1. Still call themselves Dollar.

[@enthused7591]

Dollar Tree is a dollar store. Dollar General is an overpriced "convenience" general store that depends on people choosing to pay extra for shorter trips and shorter waits to get out of a smaller store than Walmart or Target, but in most cases, you pay extra for worse quality at Dollar General unless you get something on one of the rare sales that actually makes a product competitive. Where I live in Florida, we have probably 300-400% more Dollar General locations today than we did in just 2019. The most rapid expansion I've ever witnessed of any company. I have 5 Dollar Generals within 4 miles of me in all directions.

[@dariawilber2213]

Dollar Tree is a 1.25 store not a Dollar Store.