In: Nursing
Dollar store formerly known as only $ 1 .00 , is an American chain of discount variety stores that sells items for $1 or less . Headquartered in Chesapeake, Virginia , it is a Fortune 500 company and operates , 15, 115 stores throughout the 48 contiguous U.S. states and Canada .
Department found in dollar store include health and beauty, food
and snacks , party , seasonal decor , housewares, glassware ,
dinnerware , household cleaning supplies , candy, toys , gift bags
and wrap .
It is classified as an extreme discount store . It claims to be able to achieve this because of their buyers "work extremely hard to find the best bargains out there ",and it has great control over the tremendous buying power at the dollar price - point .
Dollar store sell over runs , discounted products , previous
versions of a product , or opd stock that does not sell well . They
buy all this stuff at deep discounts , which allows them to sell
them cheaply . For "regular " items , they are often knock- offs
made of cheaper materials.
Dollar stores are not just convenient because their items are
cheaper , but also because there seems to be one on every corner (
especially in the lower - income parts of town) making them perfect
for a quick fill in trip between weekly grocery stores . These
stores are also typically smaller than the ones Ina big chain like
Walmart. The fact that most people are on to this , this means
dollar stores are always making money .
Dollar store are mostly located in areas where people with a lower
income levers reside , and /or in which big box stores are not
easily accessible . 75% dollar stores are located in towns that
have less than 20,000 people. The chain targets sparsely populated
rural areas where it can be the only game in town when it comes to
buying food or other supplies .
Dollar stores present themselves as a cheaper and more convenient
option.