Why Are Dollar Stores Dying?

[@kingclyde1582]

god damn dollar stores asking for more than a dollar

[@patrickt101]

I mean they could do a rebrand 😂🤷🏻‍♂️ (unironically though I think I’d receive that better than seeing a $5-$10 item at a dollar store or a 5 Below)

[@electron6825]

Got dayum lochness monsta

[@tylerhalt605]

99cent stores be selling everything over 99cents

[@Keawe]

1.99 2.99 3.99 4.99 10.99

[@rumplstiltztinkerstein]

what sucks about inflation is that they always raise the prices more than it. If Inflation go up by 1%, they raise prices by 3% and keep the 2% profit.

[@Me-ui1zy]

It can happen. But remember inflation doesnt affect all products equally. Like food inflation over the past 3 years has been substantially higher than topline inflation. So there is some skimping, but its not as simple as that

[@MisterPyOne]

Yeah, like luxury goods have gone down in price that's why inflation is lower. Which for every normal person doesn't matter at all

[@paroxysm6437]

you're not factoring in how inflation increases costs all around the board. delivery prices are increased (gas more expensive). electricity and basic utilities become more expensive. renting is more expensive etc. that cost is then passed onto the consumer. usually companies maintain a certain profit margin and they adjust accordingly

[@guppy719]

Plain Bagel looked through the financial statements of US stores and didn't find any evidence of that if you want to look up a video.

[@raginghulk214]

It’s true they can’t compete with bigger stores like Walmart but there is a wendover production video explaining how dollar general thrive in places too small for big chain retail stores and often become the only place for groceries for many.

[@JayEm-vq4qs]

Can confirm. Manager at a family Dollar here. Many of our regulars get their groceries here since big chains too far away to walk

[@talmagegardiner6332]

It’s true, but I think it really speaks to a breaking point of the dollars inflation and how the video talked about it just not holding up to Walmart prices (where I personally feel like I find better value cheap items for the same price as dollar stores) And I think that while it may still hold true to the small towns that Wendover talks about, the 15% of Americans who live in that kind of rural area just aren’t enough to counteract the kind of drop they’ve seen in suburban areas, and more and more of both are more affordable to make trips to Walmart in town.

[@electron6825]

​@@JayEm-vq4qs"groceries". Does that include produce, fresh food? Or is mostly canned and frozen shit?

[@DixonYamouf]

​@@electron6825 non perishables and frozen shit mostly

[@mofiaman5936]

Can also confirm, live a small town that while growing, still doesn't have a population of over 15000. We have now gotten our 4th dollar general in a 10 mile radius and I'm going insane.

[@EwokPanda]

I remember sitting in a Carl's Jr. (Hardee's) high one day in 2007, thinking, "What happens when the $6 burger is actually $6. It will just be.... a burger."

[@oatsaredelicious2521]

As a lidl employee, I have to say that the Aldi glazing is outrageous.

[@MAJ0ROCEL0T]

Honestly, i went into a dollar tree for the first time since they expanded their prices, and the shit is still cheap but its also not nearly as shitty for some things. It used to be that very specific shit was worth getting from the dollar store because the quality difference didnt matter, but so much of their food and tool stuff was absolutely trash. Now its more like 5Below and thats fine by me

[@Notllamalord]

if you mug people outside the seven eleven its kind of like a battle economy

[@Zzz_top]

Home cook here. Aldi is a go to. Spanish veg market is where I’m spending more often. Protein is going 3 meals for a 5+ household.

[@dahalofreeek]

I live in New Zealand. Many years ago the two dollar shops of my childhood rebranded to $3 plus. These have largely since folded. There are very few things that are valued

[@theanonymouschicken169]

Would also tribute to culture shifts from the online boom. I remember 10 years ago NZ Internet was incredibly garbage where Telecom had a monopoly on fibre and charged insane prices on installation until the government blew up the company into Chorus& Spark and forced them to install fibre at a reasonable price as well as subsiding less wealthy neighbourhoods. Good Internet is wildly available now so more kids play online games like Fortnite and Roblox, so they beg their parents to buy them in game currency. Less kids want to go to the dollar store, so parents are less likely to go to support the business.

[@tylerandersen9024]

As an employee of a canadian dollarstore called dollarama for 2 years. Ill say that its weirdly mixed between customers who are former target or walmart shoppers who now r feeling less financially safe and have turned to dollar stores and are pleased with the prices. And ppl who have always been dollarstore shoppers who are pissed that the average item is like 4.75. Also we usually have at least 100k stolen a year. My store looks like itll prob have lost around 200k to theft this year. Its just sad that normal stores are out of reach for parents who have so called good and stable jobs.

[@ethanenright1070]

3:42 in Australia I don't only think you shouldn't feel bad. But shop lifting from coles or Woolworths is morally correct and should be encouraged

[@davidmella1174]

7:38 parkour civilization

[@felaxo7273]

Ethical shoplifting whilst watching this

[@rudysmith1552]

There is no such thing as ethical theft then again you’re an American the only moral virtue is self expression.

[@eeee6937]

@@rudysmith1552 amen brother

[@felaxo7273]

@@rudysmith1552 It's crazy you assumed I was American

[@illumistration]

In Canada we've lost so many dollar stores to theft, and they all have like 3 security guards these days.

[@illumistration]

and yeah aint shit a dollar

[@emerson711]

Dollar general and family dollar havent been a dollar since I was a kid 20 years ago

[@AtomBarrett]

well old age i would hope

[@evan-r-k]

He literally described sharecropping in a nutshell 😢 with the paid in tokens

[@calamari2254]

Canadian here. Dollarama still has plenty for very cheap, mostly under 5 bucks, snacks and drinks for a buck, office supplies for a buck, random thingies for less than 5

[@Jakey4000]

When I lived in Canada briefly in 2016-17 the local shoppers drug mart was also a mini supermarket. They installed self service machines that had no weight sensor on the scanned items side, the security of the machine was pretty scuffed. I could scan something, press on it and go into a menu where I can adjust the price without any security codes 😆 I couldve easily done major heist stuff, but I did live like a 2 minute walk away which wouldve been super stupid. I would just cut a little my struggle weeks. They did eventually add more oversight on certain things, so I gave up on being too sleezy. In my defense, I dont care about corporate profits

[@dawsharv1662]

The point of many dollar stores isnt that theyre cheap, its that theyre closer. I have a dollar general near me where everything is like 25% more expensive but its closer so i go if i need like 2 things fast

[@dmandipper9102]

Yes but if you need to get a full grocery haul it’s always better to drive to Walmart. I understand going for milk and basic items but it’s such a high price markup.

[@talyahr3302]

Stealing a few things from self checkout is just my employee discount for bagging my own items. #FairTrade

[@Pandoso01]

1:20 yep we do, some even have dollar in the name too LOL

[@-Sai]

Interesting how all the stock for dollar stores in the US are struggling while the stock for Dollarama (Canadian Dollar Store Chain) has had insane growth recently and is at all time highs

[@Confussed-Oddish]

7:47 I think there's an anime like that. No Game No Life I think. Also Pokemon is set in a post scarcity utopia so being poor isn't really a problem.

[@FriedFrisky]

I "miss checkout" through added items in the bags loss bananas. mostly took sardines and sausages

[@isaiahsabo4728]

Can’t wait for all the “relative worth as compared to $1 in 1998” stores

[@smallbutdeadly931]

They're paying their workers minimum wage when Wendys is paying almost double now. Just put the fries in the bag bro...

[@aproudswede4955]

We have a literal dollar store where i live in sweden lol

[@dznnah]

Remember to tip your dollar store

[@michaelboyle7281]

I was accused of shoplifting candy at a Dollar Store. I was in a dollar store and started eating candy that I had from a different store. I went to the bathroom and when I came out eating the candy the worker thought I stole the candy. She yelled to her employee I was shoplifting, then I started arguing because I didn't shoplift the candy, I just got it from another store, but she didn't believe me. There just happened to be a police officer walking around, they did have police do security in that area sometimes. So like 30 seconds into this argument about my candy, there's already a police officer prepared to arrest me if I can't convince them I bought this candy at another store. Then it hit me, we were in a dollar store. Told them "There's no way they sell this candy for only $1, let's go look at all the candy section and see if you even sell it." We go look at the candy. They indeed did not sell my candy at the dollar store, and the lady who accused me said nothing as she walked away. Told the staff and police I didn't even wanna buy anything from there anymore. So then I left the store, WITH ALL THE OTHER STUFF I SHOPLIFTED AHAHAHAHHAHA, I felt on top of the world after that lol

[@KimsTravelss]

In Aus, Woolworths has cameras that show a replay on the self checkout screen if you “miss” scan something. They employee has to come watch it to check what you did in real time…

[@isaiahworden1780]

Fuck yeah!!! Aldi mention!!!

[@MisterPyOne]

I'm in a country where there is no Aldi and I miss it

[@CloudCollapse]

Japan has 100yen stores and they generally stick to it. Worst case some bigger items are like 300-500 yen which is still insanely cheap.

[@PhonePhone-sf8te]

atroic hasn't bought his own groceries in 5 years

[@dmandipper9102]

Self checkouts are your incentive to become a better thief. It’s a free country if you know how to play the game.

[@MegaLakona]

I’m gonna be honest the middle class shoplifters are gonna care more when they get asked to pay the restitution or get a charge lol

[@OUmSKILLS]

My small town just got two brand new dollar stores. We have never had dollar stores before, so at least someone must think they're a good investment.

[@drewlink5556]

7:15 atrioc accidentally reinvents scrip

[@emanuel3617]

Here in Brazil if you go to a Real store expecting to buy anything for a single Real people will laugh at you 😂 #InflationIsReal

[@filterdestrukt]

I mean Pokemon also has free heathcare

[@Drahnier123]

In New Zealand we had a $2 store, and there was a 1,2,3 $ store. I've seen them a lot less the past decade.

[@jimmy13morrison]

When i do my grocery i often buy items in double and when comes time to check I'll only scan one of them

[@sinny5404]

I dont go anymore because i conpared their prices to items i normally get from them to dollar general and walmart and realized they were the same price. So i have no reason to shop there when i can just go to them instead (dollar tree and similar $1 stores i mean). I still adore dollar general because they always have a lotta stuff on discount for 25-50% off

[@Ejsmich]

Check the price of those discounts and compare them to lidl

[@iamdarrenbelizaire]

I feel better knowing that Atrioc and I shop at target

[@davekatie1416]

Dollar glizzy

[@rileythornhill8191]

This is very interesting, my account professor has been showing how “dollarama” (biggest Canadian dollar store) has been doing really well. Because they go so far above a dollar, up to 5, and people just shop there for everything except groceries. And the stock has been doing really well. I wonder what it is about dollarama being so good recently

[@rileythornhill8191]

I wrote that before I watched the video and he just goes on to talk about dollarama wtf 😂

[@mariox204]

7:45 that isnt pokemon, thats an anime unironicalled "No game, No life"where basically everything is decided by games (basically violence cant exist)

[@mattlel3194]

“ BRO I READ THIS CRAZYYYY ARTICLE” stop talking to me big bro

[@conorhughes101]

Keeping the streak strong 💪

[@jordy3272]

They are currently building one by my house. This will be the 4th dollar general within 5 miles of my home. I am not even kidding. I will pass 3 of them at minimum (depending which route i take) on my way to school every morning (27 mile drive)

[@annieone-trick]

I went to get groceries once and randomly saw my friend there. I used a self checkout and my friend just happened to also use the same one, and he sent me a message later showing me I literally completely forgot to pay. I went back to the store just in case and they just told me they dgaf, just assumed it was a shoplifter.

[@dyldog]

I knew it was over when Five Below started a $10 and up section

[@101yayo]

Poundland in UK. No jk

[@AltraHapi]

Lets bring in shrinkflation to be highs and keep everything a dollar. A bag of fries? Yea 1 fry. Arizona? Pop in the plastic cup with 0.01 deciliters

[@dmandipper9102]

When I started passing 7 dollar stores on the way to work, I knew something was off with the business model. How in the hell did they ever reach 250$ a share. Seems like some high level money laundering. Similar to mattress firm.

[@slades_salad]

man it would suck to have been employed at one of these 2 weeks before this video existed

[@RubberDicky]

Dollar Store in Canada is booming. Check the stock.

[@jqyr]

my plane is about to take off. Time to speed watch this.

[@joekat6451]

Just rebrand as the Dollars General, and bump everything up to $2

[@dot_frost]

Brazil had "um e noventa e nove", 1,99 in Portuguese. It used to be common when brl was stronger. Nowadays they basically don't exist

[@JoeMama-fh7eb]

Ok, but British Pound Towns are thriving right?

[@themaestro5896]

If I ring an item but forget it at self checkout did the store shoplift me?

[@themaestro5896]

I am ashamed to say this has happened multiple times

[@josephharrison7390]

We’ve got $2 shops in nz but everything costs more than that

[@Combat0198]

i work at a dollar tree and the 1.25 confuses people sometimes

[@ashle9034]

The only thing that's a dollar in Australian dollar stores are the cheap crappy stuff and the chupa chups at the casgier lol

[@FriedFrisky]

it's my go to for treats cheaper then target for twizzlers

[@CarimboHanky]

inflation causing cost to go up, margins go down, stores go out of business 🤷‍♂️

[@tactrix1h]

You just said "Costco only raises prices by 14%", you realize that 14% is by almost any standard a ridiculously high margin right? And I'll give you an example, a pack of cheese costs around $2.09 here, now typically when I see any price raise on it, it'll be by about $0.10. So it might go to $2.19 on a bad day. In Costco with their 14% it would end up costing $2.38. That's not just a raise, that's a fucking gouge and a half!

[@sergi5057]

I paid 2$ for one onion at Whole Foods yesterday. I was too embarrassed to put it back😢

[@dustinlyons8872]

Turn it into a game where the customer guesses how much the item is really worth and if they are right they get it for 1$.

[@BarginsGalore]

if i go to wallgreens or something I feel like im wasting time if i don’t shoplift

[@Jeez001]

To be frank sometimes it is better to get in smaller quantities

[@anyoneuno8452]

dollar stores are PvP zones

[@barnsniper9147]

Are dollar stores just not drop shipping with a brick and mortar location.

[@YesHaiAmOwO]

yea im australian we have dollar stores

[@alexhirt4382]

They were reluctant to pass over ownership so i told them you gave me this gun and now theyre calling papa lise to say what a good job im doing😊

[@dhgcrack3r111]

It’s because they stop selling $1 Pokémon card packs.

[@that_heretic]

I think this is good news. I really don't understand how a business executive that understands the concept of inflation thinks a store like this is a good idea long-term. Especially branded like it is. Just asking for trouble.

[@cqpzg]

Please let people do the last part of the video and post the reactions for us to see. 🙏

[@TrainerGre3n]

Dollar stores suck i hate them. Always understaffed and the store looks like a mess. Also their products there are more expensive than walmart

[@theamazingmarlbito6293]

Target doesn't really prosecute you until you cross 3k. So you may be able to take less than that. Not me though 😉

[@yknow4949]

Cause were spending all the money on glizzies

[@Mem81235]

What is up with the “chat strike” messages in chat?

[@kiro5801]

Dr Carbonation

[@kristsostad7571]

Bro I got that same shirt at target

[@kavishU0902]

no fucking way bro searched up "how much is one canadian dollar in usd" instead of "cad to usd"

[@mrcheese6247]

GlIzzy

[@HashtagBirdyy]

The pokemon thing you describe is just wild animals no?

[@aaayjay]

I kinda miss more fun clips as opposed to educational clips

[@Rocket-px4jn]

Dollar store but nothing worth a dollar. :/

[@sie11pervan]

Because none of them sell an item priced 1$ anymore lmao

[@jomammajoe8570]

i went to one a month ago and it was 1.25. big whoop

[@sie11pervan]

@jomammajoe8570 Which is exactly playing into a psychological effect. Ruining their anchoring bias, eroding brand identity, and something called expectation violation, even though people these days damn well know it won't be 1$.

[@ahofmann1577]

Atrioc are you reading this? Stop posting these at 2 a.m. Viele Grüße aus Deutschland

[@osjos2822]

move to a real country like texas or florida 🦅🦅🦅

[@TheMarslMcFly]

Aldi kann man auch um 2 Uhr hypen Brudi

[@fedbia2003]

I'm curious af how many people here also get Asmon recommendation in their feeds?

[@noahbonner5853]

Only one view in one minute… this guy’s really fallen off.

[@emerson711]

Most of yall have never been to a dollar store and it shows. Family dollar an dollar general have never been 1 dollar and below stores. That was only dollar tree and 99 cent stores. Stop pretending like yall know the struggle

[@dmandipper9102]

People in the struggle don’t shop at dollar stores lol. If they do their lack of knowing the value of the dollar keeps them in their situation. It’s always cheaper to shop at Walmart sadly but true.

[@sauceinmyface9302]

1 view poggies

[@coopeeeee]

i bought a drink and pack of nuts from a dollarama in Canada and it was 5.01

[@akorn1]

Fresh off the press

[@clock2511]

early ppl