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Business Wars Daily

Heading to the Dollar-and-a-Quarter Store

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 14 December 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today is Tuesday, December 14, and we're looking at Dollar Tree vs. Dollar General.

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

0:22.0

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

0:27.5

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

0:32.9

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

0:39.0

opportunities to ask an expert, and blog posts.

0:42.0

Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.2

Thank you. From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, December 14th.

1:08.6

Dollar stores are a spot of green on the weathered gray retail landscape. In fact,

1:13.5

they make up four out of ten stores opening in the U.S. this year. The concept is simple. Products

1:19.3

cost a dollar or less, but no one is immune from price increases, and one major player is planning

1:25.3

to make a fast buck. While the pandemic has created more demand for stores that offer low-cost goods to cash-strapped customers,

1:33.7

inflation, supply chain issues, and labor shortages hit them hard.

1:37.7

Last year, we told you that Giants Dollar General and Dollar Tree were experimenting with more upscale spin-offs offering goods at higher price

1:46.2

points. And now, the unthinkable has happened. Late last month, Dollar Tree, which CNN calls,

1:52.9

quote, one of the last true dollar stores, announced that it would be bumping its prices,

1:57.9

25% on most goods by April.

2:03.1

Hmm, you can probably do the math there.

...

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