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Old 06-16-2013, 00:03   #1
rolltide_pisco
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So how many new Dollar General stores you got now?

I live in a town just under 10,000 people and we got one on the south side, west side, north side and they're currently building one 5 miles farther north of the one that's already north of town.. I counted 8 total in my county.

I know it's a quicker drive to get something than fighting the customers at Wal-Mart but wtf?
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Old 06-16-2013, 00:14   #2
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I live in a town just under 10,000 people and we got one on the south side, west side, north side and they're currently building one 5 miles farther north of the one that's already north of town.. I counted 8 total in my county.

I know it's a quicker drive to get something than fighting the customers at Wal-Mart but wtf?
I have no idea how many are around me, but they seem to be a very well run company. I have been buying their stock for a couple years now.

However, I did see the EEOC filed a major lawsuit against them a couple days ago, that is new good.
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Old 06-16-2013, 07:51   #3
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I have no idea how many are around me, but they seem to be a very well run company. I have been buying their stock for a couple years now.

However, I did see the EEOC filed a major lawsuit against them a couple days ago, that is new good.
They grow via net net leases. If you can get in on building their stores in an area jump on it. 10 yr cash flow iirc.


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Old 06-16-2013, 17:32   #4
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They grow via net net leases. If you can get in on building their stores in an area jump on it. 10 yr cash flow iirc.
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Yes, but what does the investor do after 10 years when the tenant decides to leave? The investor is then left with a building that has VERY limited uses. And if you do get a new tenant, more likely than not, they're going to rent the building for MUCH less than the original tenant. And lets say the building is in a great location, often times Dollar Gen, Family Dollar will leave once their lease is up and build a larger building next door. Net leases are a tricky beast!
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Old 06-16-2013, 07:59   #5
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However, I did see the EEOC filed a major lawsuit against them a couple days ago, that is new good.

Very bad for all of us, not just the victim (Dollar General).

They are being accused of discrimination because they run criminal background checks. Criminal background checks turn up criminal records. Criminal records are not evenly distributed by race, therefore, using criminal background checks as a hiring screen can be prosecuted as evidence of discrimination.
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Old 06-16-2013, 08:10   #6
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Very bad for all of us, not just the victim (Dollar General).

They are being accused of discrimination because they run criminal background checks. Criminal background checks turn up criminal records. Criminal records are not evenly distributed by race, therefore, using criminal background checks as a hiring screen can be prosecuted as evidence of discrimination.
Why sue Dollar General then? I know Walmart uses the same practices and have far deeper pockets.


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Old 06-16-2013, 11:57   #7
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I have no idea how many are around me, but they seem to be a very well run company. I have been buying their stock for a couple years now.

However, I did see the EEOC filed a major lawsuit against them a couple days ago, that is new good.
This company is amazing....check out their sales and model. I probably own them in my mix also. We have three stores here, 45,000 population. I shop there often. Good value, easy parking in/out. In the last five years, they have probably put up a dozen new stores in a 100 mile radius. The country stores seem to do a lot of business, where there isn't anything else local.

http://www2.dollargeneral.com/About-Us/pages/Index.aspx

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Old 06-16-2013, 00:17   #8
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The workers at WalMart have to have affordable places to shop
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Old 06-16-2013, 00:39   #9
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2 new ones. the closest one has a real cute 18yo blond with charm to spare.

Dollar general have raised their prices on many things to far exceed that at WalMart.
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Old 06-16-2013, 00:46   #10
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My sister, a realtor, told me there are three things that kill the value of a neighborhood...a vehicle title loan shop, a pawnshop, and a Dollar Store. If there are two of the three nearby she won't even take the listing.
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Old 06-16-2013, 01:03   #11
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My sister, a realtor, told me there are three things that kill the value of a neighborhood...a vehicle title loan shop, a pawnshop, and a Dollar Store. If there are two of the three nearby she won't even take the listing.
Your sister was wrong. The three things that kill a neighborhood is a liberal city mission, next to a package liquor aka convince store, next to a smoke aka head shop.

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Old 06-16-2013, 01:26   #12
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My sister, a realtor, told me there are three things that kill the value of a neighborhood...a vehicle title loan shop, a pawnshop, and a Dollar Store. If there are two of the three nearby she won't even take the listing.
Yep, in AZ, a dollar store is a sure sign the area is distressed and one moving in is a sign things are grim in that area...
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Old 06-16-2013, 23:36   #13
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Yep, in AZ, a dollar store is a sure sign the area is distressed and one moving in is a sign things are grim in that area...
Maybe on the west side of the valley. Theres a big, clean 99 cent store in chandler. There's also a nice dollar general in payson.
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Old 06-16-2013, 00:59   #14
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you're surrounded by either white trash or urban youts.

the only thing you're missing is a dollar cinema and a tobacco barn.
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Old 06-16-2013, 01:19   #15
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you're surrounded by either white trash or urban youts.

the only thing you're missing is a dollar cinema and a tobacco barn.
whats wrong with a tobacco barn ?
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Old 06-16-2013, 22:02   #16
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you're surrounded by either white trash or urban youts.

the only thing you're missing is a dollar cinema and a tobacco barn.
But it wouldn't be complete without:

1. Skinny trashy guy with wife beater shirt and BO.

2. Fat guy that thinks he's built with a MMA T-shirt.

3. Fat woman wearing the same pair of sweat pants from last week leaning over the shopping cart that's full of junk food.

4. More body odor and otherwise severely neglected personal hygiene, not to mention jacked up teeth.

5. Two rather trashy overly tattooed women smoking generic cigarets talking about Roller Derby and how their boyfriend is such a drunk.

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Old 06-16-2013, 22:04   #17
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But it wouldn't be complete without:

1. Skinny trashy guy with wife beater shirt and BO.

2. Fat guy that thinks he's built with a MMA T-shirt.

3. Fat woman wearing the same pair of sweat pants from last week leaning over the shopping cart that's full of junk food.

4. More body odor and otherwise severely neglected personal hygiene, not to mention jacked up teeth.

5. Two rather trashy overly tattooed women smoking generic cigarets talking about Roller Derby and how their boyfriend is such a drunk.

The way you say it, that's kind of hot.


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Old 06-16-2013, 22:25   #18
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The way you say it, that's kind of hot.


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Old 06-16-2013, 01:27   #19
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Originally Posted by rolltide_pisco View Post
I live in a town just under 10,000 people and we got one on the south side, west side, north side and they're currently building one 5 miles farther north of the one that's already north of town.. I counted 8 total in my county.

I know it's a quicker drive to get something than fighting the customers at Wal-Mart but wtf?
What are you complaining about?!? China needs the money!
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Old 06-16-2013, 01:33   #20
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It raised property values around here. Nothing else for 10 miles any direction.
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Old 06-16-2013, 04:54   #21
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They are like fire ant hills now.

So are title pawns and payday loans. Those are an indicator of an area's economy.
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Old 06-16-2013, 05:15   #22
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My town only has two gas stations, a Dairy Queen, a Dollar General and a bank. Everything else is Mom and Pop owned. Especially the meth labs.
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Old 06-16-2013, 05:37   #23
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I passed through a small town west of Tulsa yesterday where the Dollar General store was next door to the Family Dollar store. That was surprising but I guess it works on some level or they wouldn't have done it.
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Old 06-16-2013, 05:51   #24
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we have a dollar general, freds and family dollar all within a block of each other...
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Old 06-16-2013, 06:10   #25
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I dislike those stores. The people in them typically disgust me and I avoid them like the plague. They usually make the people of wal mart look classy.

So many fat, slovenly mouth breathers shop there buying crappy stuff.

Five below is terrible too. I went into one a few months ago for the first time, We'll probably hear about a new health problem from people who worked there as a result of breathing in all those plastic fumes, that store stunk!
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