3 ms·
I think you're thinking of this from the wrong perspective. To me, an extra 75 cents don't really matter. I'd pay it without blinking. But to many people in th
by gkoberger 5y ago
I think you're thinking of this from the wrong perspective. To me, an extra 75 cents don't really matter. I'd pay it without blinking.
But to many people in the US, going from $1 to $2 would literally double their expenses for the month and hurt an already tight budget.
"Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General, where he can make $40 stretch into a week’s worth of groceries and the occasional can of motor oil for his Chrysler 300."
If you went from $1 to $2, all of a sudden Kyle only gets to eat every other day. Half of all shoppers in the US buy groceries from a dollar store, and they aren't doing it because the Dollar General has the freshest produce in the area.
Sources:
https://www.washingtonpost.com/business/2021/08/20/growing-number-americans-are-relying-dollar-stores/ https://www.washingtonpost.com/business/2021/08/20/growing-n...
https://www.mashed.com/224027/think-twice-before-buying-food-at-dollar-general/ https://www.mashed.com/224027/think-twice-before-buying-food...
- mmaurizi 5y agoAre you aware that Dollar Tree and Dollar General are different stores with different business models? Dollar General does not price all their items for $1. I don't believe they ever have. And Dollar Tree does not sell groceries (at least not any I've ever been to).
- gkoberger 5y agoDollar Tree doesn't sell fresh groceries, but they certainly sell food. https://www.nogettingoffthistrain.com/shopping/dollar-tree-groceries-whole-week/ https://www.nogettingoffthistrain.com/shopping/dollar-tree-g... But even if you ignore food, the point applies to all sorts of things (cosmetics, clothing, pharmacy, etc) people go to both for at a low price point.
- kbelder 5y ago>And Dollar Tree does not sell groceries (at least not any I've ever been to). May be regional, because all of them around here do. At least canned/dry goods and frozen foods. Teeny-tiny steaks. No fresh produce, obviously.
- kube-system 5y agoDollar Tree sells nonperishable and frozen-foods.
- pessimizer 5y agoYou don't have to eat twice as much because the unit price doubled. I'm pretty sure the suggestion wasn't intended to mean that they should sell the same amount of product for $2 as they now do for $1.