3 ms·
And I'm sure those same dollar store shoppers collectively held approximately 0% of the equity in the locally owned business that was displaced. But as price-s
by dcolkitt 5y ago
And I'm sure those same dollar store shoppers collectively held approximately 0% of the equity in the locally owned business that was displaced.
But as price-sensitive consumers they do benefit from the substantially higher economies of scale, the productivity efficiencies of management best practices, and the lower cost of capital that comes with a professionally managed multinational corporation.
- arrosenberg 5y agoNot really. The multinational corporation harvests the benefits, while the consumer gets to continue to not starve due to inflation.
- dcolkitt 5y agoThat's not true. The major dollar stores have significantly lower operating margins than comparable local groceries.