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thefartographer ,

“We salt the earth everywhere that we set down roots. I don’t get why things won’t grow!”

Steve ,

I thought their entire business model intentionally targets financially constrained customers. Why is that a problem now?

girlfreddy ,
@girlfreddy@lemmy.ca avatar

Because capitalism’s perpetual growth cornerstone demands profits increase exponentially.

SGGeorwell ,

If Americans are too poor to shop at the dollar store, I guess we might actually have to eat the rich.

xmunk ,

The dollar store is more expensive outside ephemeral purchases like party supplies… it’s cheaper to go to mass furnishing retailers, grocery stores or hardware stores and your shit doesn’t break in two weeks.

Most customers looking for extreme budget items are now turning overseas to things like temu because they actually deliver lower prices.

Dollar stores are exploitive as fuck.

cm0002 ,

Dollar general isn’t actually a “dollar store”, more like a “discount” store. They sit in-between a dollar store and traditional store. They’ll have more recognizable name brand products VS a dollar store, but the sizing might be smaller or slightly damaged packaging. They’re like a Burlington or TJ Maxx, but with smaller stores and sell groceries.

That being said, our actual dollar stores like Dollar Tree have also gotten more expensive, used to be everything was a dollar. Now many things are a 1.25 going up to 5 for the more…“premium” stuff

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

Their prices get higher and higher and their stores get mismanaged from the top (John Oliver did a whole segment on this I recommend looking up). Their customers are financially constrained because they are gouging them.

Their customers are also often in food deserts. If they can’t afford to shop at Dollar General, they’re going to the soup kitchen.

ByteOnBikes OP ,

I love how they blamed the customers.

As if they weren’t purposely treating employees like shit and understaffing.

Over pictures of stores overcrowded with unboxed products, Oliver described dollar stores as “less like functioning stores and more like American Ninja Warrior: Retail Edition”

“That chaos isn’t a one-off mistake or the fault of those stores’ employees,” he said. “It is the natural end product of how the companies behind these stores choose to operate them. And if you think it can be bad shopping at a dollar store, it is nothing compared to what it’s like working there.”

theguardian.com/…/john-oliver-last-week-tonight-d…

givesomefucks ,

It’s not just that, while per unit things may be cheaper there, it’s because they sell things in smaller sizes.

Can never remember if something was John Oliver or Daily Show, but I think Oliver did a show on it this year.

Like a bottle of shampoo might be a dollars vs $3, but the one that’s a dollar has 1/4 of the shampoo.

The more you shop at dollar stores, the more money you waste.

9488fcea02a9 ,

The more you shop at dollar stores, the more money you waste.

And the more waste goes to the garbage… This is why the earth is on fire

kent_eh ,

Companies don’t seem to understand that when employees are underpaid they aren’t able to do as much customer spending.

For all his faults, Henry Ford understood that. If your employees can’t afford your product, you aren’t going to succeed.

AmidFuror ,

"Blaming" is editorializing.

“While we believe the softer sales trends are partially attributable to a core customer who feels financially constrained, we know the importance of controlling what we can control,” said CEO Todd Vasos in a statement.

We are selling less in part because our customers have less money is not "blaming the customer." It's describing the situation.

MediaBiasFactChecker Bot ,

CNBC - News Source Context (Click to view Full Report)Information for CNBC:
> MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
> Wikipedia about this source

Search topics on Ground.Newshttps://www.cnbc.com/2024/08/29/dollar-general-shares-crater-20percent-as-retailer-cuts-outlook-blaming-financially-constrained-customers.html

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