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| Let the buyer beware at dollar stores; Let the buyer beware at dollar stores | |
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| Tweet Topic Started: Nov 6 2009, 09:17 PM (114 Views) | |
| maverick | Nov 6 2009, 09:17 PM Post #1 |
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Want to boost your spending power? Try giving your wallet a break by shopping at a dollar store. Americans have embraced the four leading chains -- Dollar General, Family Dollar, Dollar Tree and the 99¢ Only store -- in droves during the recession. This year, Dollar General's sales were up almost 10 percent quarter-over-quarter, and they're opening 450 new stores, according to The New York Times. Dollar Tree, meanwhile, planned to open 235 new stores this year. And Family Dollar's early 2009 numbers pointed to sales being up 6.5 percent year-over-year. But despite the booming sales, Consumer Reports' Money Adviser has taken a close look at this hot retail segment and found that not everything is a deal. Before I tell you what they say to stock up on and what to pass on, I want to clarify something. There are important distinctions to note among the chains. Dollar General and Family Dollar both price the majority of their items at $1, but they also offer some merchandise at higher price points. Dollar Tree and the 99¢ Only chain are the only true dollar stores where everything is $1, with no exceptions. http://www.cnn.com/2009/LIVING/personal/11/05/howard.dollar.stores/index.html now they should be called the $1.25 store
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10:24 AM Jul 11