Dollar Store Merchandise was Last modified: February 03, 2012 with 52 Product Categories with 452 Sub Categories with 75,156 products on our website for your Dollar Store, Dollar Plus Store, Discount merchandise store or 123 Dollar Store. Call to Set up your Store.
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The news this week that hit all dollar store chains and the the 99 cent store
market is about the 99 cent only chain based in Los Angeles. Apparently they are
thinking of going to more than dollar price points and dollar plus. However, the
chain, which has about 280 stores in Arizona, California, Nevada and Texas,
won’t have to put up new signs. Prices for consumable items will remain just
below the dollar limit, at 99.99 cents. This is Not a typo!! That less than a
cent increase was the chain’s first price increase in its 26 year old history.
In August, the company said first quarter 2009 net sales increased 4.1% to $304.9 million, but gross margin fell. This resulted in a net loss of $1.5 million, or $0.02 per share, compared with a profit of $3 million, or $0.04 share, for the same period last year. “In the...first quarter of fiscal 2009...we faced several major challenges, including pressures from rising food and commodity prices, minimum wage increases and higher fuel costs,” CEO Eric Schiffer said in a prepared statement. “…Our store operations team offset minimum wage increases through store labor productivity improvements. Our distribution and transportation team held their costs flat as a percentage of sales in the face of significantly higher fuel prices.” We at Buckstore Inc already devised a plan and have designed a concept which will be a $1, $2, $3 dollar store. The store will carry 90% in the 1 and 2 dollar range and the rest will be 3 dollars. However, the type of dollar store merchandise will be upgraded tremendously and include items such as brand name consumables, furniture, clothing, and much more than what is seen in a normal dollar store or 99 cent store such as dollar tree. These stores will have a better look than dollar general or family dollar stores. Our first prototype more than dollar type store will be located on SW 8th street in Miami FL and will serve as a flagship store for the rest of the stores to be developed nationwide and overseas using the same concept. The dollar store industry will keep growing in the next years and even though the price range will change, the amount of customers wanting to save money in their purchases will always be there. |
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