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Old 04-15-2018, 02:34 PM
16,380 posts, read 19,652,415 times
Reputation: 14297


Originally Posted by Southern man View Post
My opinion, Dollar General has found a way to compete with Walmart by making their stores easier to get to than a Walmart. Why drive 15 miles to get to a Walmart for a gal. of milk when you can get to a Dollar General in one mile. It seems to be working.
I agree.

In many rural areas of Florida, there is a Dollar General in almost every small town. In these rural areas, the Dollar General has a steady flow of customers and is pretty much the most happening store in town.
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Old 04-15-2018, 03:10 PM
Location: The South
6,390 posts, read 4,466,295 times
Reputation: 10260
From Dollar Generals website. Don't see any negative numbers.

GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal year 2017 fourth quarter (13 weeks) and fiscal year (52 weeks) ended February 2, 2018. 1

Fourth Quarter Same-Store Sales Increased 3.3%; Fiscal Year Same-Store Sales Increased 2.7%
Fourth Quarter Diluted Earnings Per Share ("EPS") Increased 76.5% to $2.63; Fiscal Year Diluted EPS Increased 27.1% to $5.63
Delivered Fourth Quarter Adjusted Diluted EPS of $1.48; Fiscal Year Adjusted Diluted EPS of $4.492
Cash Flows From Operations for the Fiscal Year Increased 12.3% to $1.8 Billion
$863 Million of Capital Returned to Shareholders in the Fiscal Year through Share Repurchases and the Payment of Cash Dividends
Opened a Company Record 1,315 New Stores, Executed 2,079 Total Real Estate Projects in the Fiscal Year
Company Provides Fiscal Year 2018 Financial Guidance, Including Diluted EPS Outlook of $5.95 to $6.15
Board of Directors Declares Increased Quarterly Cash Dividend of $0.29 Per Share; Increases Share Repurchase Program Authorization by $1.0 Billion
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Old 04-15-2018, 03:18 PM
Location: Los Angeles (Native)
25,304 posts, read 17,494,314 times
Reputation: 12220
The local shops can’t try to compete with Dollar General on price for the same products most likely .

They have to offer some other kinds of products or better experience .
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Old 04-15-2018, 03:34 PM
Location: Columbia, SC
23,954 posts, read 12,189,556 times
Reputation: 9774
Originally Posted by Mtnluver8956 View Post
Root hog, or die. If you aren't smart enough to handle the competition, shut 'er down and go to work for WalMart.
Attached Thumbnails
Dollar General Is Putting Local Grocery Stores Out Of Business (HBO)-ross-44.jpg  
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Old 04-15-2018, 03:39 PM
9,619 posts, read 5,965,051 times
Reputation: 9754
lets see, do i want to drive five mile, try to find a parking spot and then wait in line thirty minutes, or go across the road to dollar general pick up a can of soup and be home in ten minutes
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Old 04-15-2018, 03:42 PM
16,304 posts, read 14,342,034 times
Reputation: 9840
Dollar Tree is wayyyyyy better and everything's really $1-one dollar!
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Old 04-15-2018, 03:48 PM
8,813 posts, read 2,916,218 times
Reputation: 7681
I find that premise very hard to believe. Apart from the fact that most dollar stores carry little, if any fresh food, any careful shopper will know that their prices overall aren't necessarily that great.

What's more likely is that large stores are putting small ones out of business

Grocery Wars Turn Small Chains Into Battlefield Casualties
By Michael Corkery

The food war that is raging across the country is weeding out the weakest links, leaving small and medium-size grocery companies struggling to stay afloat...
“There is a tremendous shakeout in food retail right now,” said Burt P. Flickinger III, a managing director of the retail consulting firm Strategic Resource Group, whose family founded a grocery business more than a century ago.
At stake is not only the price of toothpaste and bananas, but the fate of thousands of cashiers, cake decorators and meat cutters, many of whom belong to labor unions and are owed pensions when they retire.

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Old 04-15-2018, 03:50 PM
Location: Denver, CO
8,750 posts, read 2,439,360 times
Reputation: 1738
Originally Posted by Southern man View Post
I haven't seen a "local grocery store" in years.
Originally Posted by jackwinkelman View Post
I have not seen a real independent grocery store for quite a while.
Originally Posted by don1945 View Post
I also haven't seen a local grocery store in decades.
One more cool thing about living in CO is that nearly everyone is super health-conscious and there are a few independent grocers out here.

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Old 04-15-2018, 04:34 PM
16,335 posts, read 7,679,097 times
Reputation: 15912
Originally Posted by ohhwanderlust View Post

There are like 5 near me within a 3 block radius.

There are no Walmarts or dollar stores in my city. If I want a big supermarket, Whole Foods and Trader Joe's are only a mile stroll or bike ride away.

I've been inside a Walmart once during a road trip. It had a grocery selection, but the selection wasn't great. I imagine a dollar store's grocery selection would be even worse.
Yeah, where do these people live that they don't see or have any small local grocers? Those dollar stores have extremely limited grocery items.
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Old 04-15-2018, 05:34 PM
13,520 posts, read 3,559,897 times
Reputation: 8571
Originally Posted by rebeldor View Post
One more cool thing about living in CO is that nearly everyone is super health-conscious and there are a few independent grocers out here.

I was talking about mainstream grocery stores not natural foods markets. There used to be lots of locally owned natural foods stores but most have closed up. At this point you have Whole Foods, Sprouts and a regional chain Natural Grocer. And of course Trader Joe's.

But its in most retail industries. Small owned stores are being replaced by national chains. Where I am Family Dollar is being replaced by Dollar General. So even the national chains have competition from other national chains.
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