My God, even DOLLAR STORES closing

United States
January 16, 2009 11:34am CST
Today, I ran by one our local Dollar Stores ("Dollarland") that has been here the whole 7 1/2 years I've lived in this town and in front of the store this HUGE sign saying "Store Closing, Everything 0.69 cents" Isnt that sooo weird, its a Dollar Store I just assummed they would be sticking around the longest because the news says stores like Goodwill and other thrift stores sales are up so why not them. Have you seen this happen? how odd
4 people like this
9 responses
• United States
16 Jan 09
I was on the Dollar stores website last night. You can buy things by the case with a minimum comibined order of $300.00 That's not that hard to reach if several people go in on an order. Just an FYI in case anyone is losing their only dollar store. We have a lot of them here. You can also by from dollar tree direct online as well.
• United States
16 Jan 09
oh yea, I just saw that a few weeks ago and I didnt get around to checking it out but sounds cool. Have you ever tried it?
• United States
18 Jan 09
Not yet, I was looking because I saw a sign in the dollar store about their website.
@jessi0887 (2794)
• United States
16 Jan 09
That is odd. We had a checkers close here recently and they were always busy so it was odd too. Maybe they couldn't afford the rent.
• United States
16 Jan 09
Well I know our mall is under going BIG construction and many of the stores are becoming a little more upscale like Saks, and similar stores and apparently the rent in the whole mall was raised and now there has been five stores that went out of business. Like Spencers and KB Toys closed and can you believe all the others are jewelry stores. Im crossing my fingers all construction is completed because I dont want to be our one closest mall to become like others I've seen with only a handful of stores--that is such a eery feeling.
• United States
16 Jan 09
There might be too many other dollar stores in your area for it to compete, or it might not be well managed. When I moved into my apartment almost nine years ago, there was a dollar store down the street, and I really depended on it for saving money. When it closed, it was harder to make ends meet (I don't have a car so getting to another store wasn't an option), but it turned out that Dollar Tree had bought it. They have been remodeling the store little by little, and have been adding more and more merchandise. It's almost always busy, and it's the only one around here, so my fingers are crossed that it continues to do well. One extra nice thing about it is that it has refrigerator and freezer cases, so I save money on food. A lot of it is fast food and not very nutritious or tasty, but they have some good stuff too.
• United States
16 Jan 09
I like that the Dollar stores have milk and cheese now and sometimes even butter which is always cool if you dont want to go out of your way to get it. I know Dollar Tree has grown soo much where I live so I would welcome Dollar Tree moving in to replace Dollarland and Im gonna keep an eye out to see what happens. I understand what its like having to make do because I had to when I lived with a roommate and I was brand new to the area. I swear it was like all I ate was tuna fish sandwiches on white bread. Luckily I got a job at a restaurant and I could order whatever I wanted but when I could I would treat myself to dinner at TGI Fridays or another chain only once a week.
@fasttalker (2798)
• United States
16 Jan 09
Yes we had one caled "Wow Everything's A Dollar" that just closed last week. And I went to "Goody's" yesterday to find everything 60% off becasue yep you guess it. They are closing. Tha tmakes two big stores and three small ones that have closed in one mall here in the past few months.
• United States
16 Jan 09
Man, and all I can think is what is going to replace these places--dollar stores have been around awhile now and when they first started I know they just caught on so quickly, I hope they make a comeback if the big chains do go down.
@CRIVAS (1822)
• Canada
17 Jan 09
Wow, I can't say that things have gotten that bad yet. I still see plenty of stores in business although a lot of them have been cutting their prices. I guess I'll have to keep an eye out for stuff like that here.
@LittleMel (14059)
• Canada
17 Jan 09
yes that's really shocking for me. maybe other people think it's inevitable but I sure didn't think they will be hit too. I thought people will go to places like that more often now in times like this. but I read somewhere this year is going to be worst than last year and things will get better in 2010. it's sad because all they need is to last another year.
@robert19ph (4586)
• Philippines
17 Jan 09
hello revellanotvanella, Knowing about it, that even Dollar Stores are closing is really an indication that even them are affected by the economy worldwide. Indeed the price there is really much cheaper compared to other stores, but if they're not meeting the required sale for the day everyday it's not impossible for them to close. For how can they pay all their expenses not to mention their tax, salary for all their employees, rent, electric bills and the likes if their sale is low. Much of their desire to keep the business going maybe is really impossible if their sale is not picking up or improving.
@ulalume (714)
• United States
17 Jan 09
Thrift stores are seeing a rise in sales simply because they sell things at cheap prices. Not cheap like a dollar store, cheap like for homeless people. I've seen stores that asked for 5 dollars for a huge bag of clothing. Its pretty amazing. Dollar stores, most of the time, aren't really dollar stores at all. Usually things bought at such places are associated with mediocre quality. To add, having low prices will drive a company to the ground if they do not have enough buyers to make up for the prices to buy inventory. I do not think dollar stores can make up the loss, especially in a recession, unless they already have a good base of constant repeat customers.
@LaurenInLA (2272)
• United States
16 Jan 09
Retail sales are down significantly from last year. I work for a large retailer and our sales are down 25% over last year. A friend of mine works at one of the smaller businesses in the mall and sales there are down 45%. DH and I went to Target yesterday and the store was empty. I would have thought that stores like this would be really busy. The dollar store near us closed a couple of months ago. I thought that it was an isolated instance but from your post, apparently it isn't. I would have thought that their sales would be exploding right now. Maybe, it boils down to when you're unemployed and have to struggle to make ends meet you cut out all unnecessary spending. Economic situation is very scary.