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Would you like to own a dollar store? Do you see dollar stores becoming more in

  1. jaydene profile image70
    jaydeneposted 5 years ago

    Would you like to own a dollar store?
    Do you see dollar stores becoming more in demand?

  2. Rosyel Sawali profile image65
    Rosyel Sawaliposted 5 years ago

    Interesting concept.. dollar stores that is. Why not? Any business that provides quality products at affordable prices would probably 'click' these days! ^_^

    1. jaydene profile image70
      jaydeneposted 5 years agoin reply to this

      Yes i agree,  I think there will be more of them to come

  3. Jill Larson profile image61
    Jill Larsonposted 5 years ago

    We had a dollar store near us go out of business recently. It was quite shocking! Needless to say, I would have to do a lot of research about the area before owning my own dollar store! I would definitely not place one around here!

    There aren't any businesses out there that are recession proof, so it's a tricky time to start one up!

    1. jaydene profile image70
      jaydeneposted 5 years agoin reply to this

      Hi Jill thank you for your answer. Yes i think area has a large impact on the amount of traffic, as dollar stores are based on volume sales in order to make it.it's tricky to start new businesses,Where i live the dollar stores are doing good.

  4. safiq ali patel profile image73
    safiq ali patelposted 5 years ago

    Hi Jaydene. I've been travelling and stores like the dollar store are becoming more and more common each day in every country. I am presuming that by dollar store you mean stores that sell everything for a dollar.

    I've come across some these stores in Spain, Saudi Arabia, And India all named after single unit of currency. So In Saudi it's the Riyal Store, In india it's the rupee store, In spain it's the Euro store and in England It's the pound shop or pound land.

    I have some friends who work as product buyer for these dollar stores and they are very busy since the recession set in.  The dollar stores are busy because people can get their essentials at a good price.

    But the dollar store or the pound store has it's critics as well. Some people say we have gone from boom town to pound town. How on earth did that happen. Critics says the dollar stores around the world are a sign of tough economic times.

    1. jaydene profile image70
      jaydeneposted 5 years agoin reply to this

      yes i did a study on these dollar stores, and they are on the rise, and doing the best of any and most retailers out there,  the prices are too good for them not to succeed.   thank you for coming by to comment.. wink

 
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