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essay on the dollar store economy 15 paragraph

essay on the dollar store economy 15 paragraph

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Expert Solution

Dollar store economy

Dollar store has not only made a market out of the detritus of a hyperproductive global manufacturing system , but is has also made it appealing - by making it amazingly cheap . Before the market meltdown of 2008 and the stagnant , jobless recovery that followed, the conventional wisdom about dollar stores- whether one of the three big corporate chains ( Dollar General, Family Dollar and Dollar tree ) or any of the the smaller chains ( like "99 cents only store ") or the world of independents - was that they appeal to only poor people.

The dollar - store combination has more to it than low store rents and really cheap products . The labour force needed to run a dollar store is a tiny , low - wage staff.

Profit margins have always been thin in the dollar stores . But now that they are competing for the shrinking disposable income of the middle class , there is a new kind of consultant out there - the dollar - store fixer .



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