Viewing a single comment thread. View all comments

KilroyLeges t1_j77ug81 wrote

I agree with your assessment. I will add the comment that I live in a decently sized, rapidly growing metro, where average incomes are above average. In the last year or 2, I have seen an explosion of Family Dollar, Dollar General, and Dollar Tree stores in town. My wife and I were out last night and commented on noticing 2 new ones on the same major road less then 1 mile apart. It seems to be an unreal amount of expansion.

7

Mcboatface3sghost t1_j77winw wrote

Even 10-15 years ago, you didn’t see that. Both of their company values and stock prices are an indication of their growth. See a Costco? You are in a nice area, don’t see shit but dollar gen or family dollar? You are in poor town. Dollar General is at 228.00 per share, I’m not a broker but that’s definitely an indication of where we are headed.

8

TheDollarstoreDoctor t1_j79dkcr wrote

>See a Costco? You are in a nice area, don’t see shit but dollar gen or family dollar? You are in poor town.

Ha, love the contradiction of the area I live in (city suburbs). The Dollar Tree & Costco share a parking lot.

4

Mcboatface3sghost t1_j79w7f4 wrote

Sure, it’s possible and happens. You will find family dollar, dollar gen, etc… in nice areas, but if it’s a bit rural, a bit rough, you won’t see a Costco. I’m not even sure why I used that as a point of reference, but dammit, I’m sticking to it.

2