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re: Family Dollar is about to close nearly 1,000 stores.
Posted on 3/14/24 at 6:10 am to SidewalkTiger
Posted on 3/14/24 at 6:10 am to SidewalkTiger
quote:
Surprised Walmart didn't jump in on this business model, surely they have more buying power than the dollar stores.
Always surprises me at the assumptions so many people make.
quote:
Dollar General has a smaller selection of products in its stores. It stocks, on average, between 10,000 to 12,000 unique products or SKUs, while a supercenter like Walmart would have around 60,000 SKUs, for example.
Carrying a limited number of items gives Dollar General more buying power with its suppliers as it buys fewer types of products in bulk.
Business Insider link
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