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Old 06-16-2013, 10:45   #26
zoyter2
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Probably owned by Walmart. These stores give Walmart shoppers someone to look down on. "Hey, at least I don't have my wide ghetto ass stuffed into my pajamas walking around in some Dollar General. I gots me some class".
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Old 06-16-2013, 11:57   #27
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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, 12:16   #28
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None in my city here.
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Old 06-16-2013, 13:13   #29
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There is an old strip mall a few miles from home - it has a BIG Lots, 99Cent Sore and Family Dollar (Dollar Tree? Dollar General?) all in a row - right next to Harbor Freight.

Also 2 payday loan places in the same mall and a liquor store.


I am not above shopping Harbor Freight for junk tools -

Sometimes my wife is along (she hates HF) so she will take a look in the other stores -

You can find some real bargains in these places - but most of the stuff is crap.

IMHO - Pawn shops, pay day loan / car title loan / Dollar stores do not drag down an area -

These places come in because the area is already going down the income scale -
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Old 06-16-2013, 13:17   #30
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Where we just moved, there's a Dollar General not far from us, and it's far from depressed here. Where we just moved from, there was also a Dollar General about 2mi away.. again, not depressed at all.

I would never ever buy any edible items there. When we go there, it's for hygiene and cleaning supplies. The prices are way better, and they have the same items as regular department stores.

Beyond those two items though... No way.

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The fire is no longer my major concern since I am leaving immediately on an unexpected road trip to Indianapolis. Watch the national news over the next couple of days, I'll wave... well, only if I'm cuffed in the front.
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Old 06-16-2013, 13:22   #31
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There is an upscale one called 5 Below now. Things are supposed to be $5 or below. Saw one at a strip mall.

I don't have a dollar gen or a 5 below in my town. There is one in the next town where the untouchables live.
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Old 06-16-2013, 13:24   #32
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Where we just moved, there's a Dollar General not far from us, and it's far from depressed here. Where we just moved from, there was also a Dollar General about 2mi away.. again, not depressed at all.

I would never ever buy any edible items there. When we go there, it's for hygiene and cleaning supplies. The prices are way better, and they have the same items as regular department stores.

Beyond those two items though... No way.

IGF
You can also get rubber/latex gloves for gun cleaning or cat box cleaning there for cheap.
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Old 06-16-2013, 13:57   #33
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Waste of retail space. They prey on those who would rather get "a deal" and buy the same POS item 8 times than buy once and have it for life.

We have a flea market in the next town over. Similar situation. They sell tools that Harbor Freight wouldn't sell and other crap. People leave with armfuls of junk weekly. And come back to rebut when it breaks. ????
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Old 06-16-2013, 14:30   #34
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What did that woman say about why she liked the dollar store?

"I don't have to get all dressed up like I'm going to Wal-Mart."




If I count Dollar General, Dollar Tree and Family Dollar stores, there must be 3 dozen in the general area.

Goodwill has grown too expensive since they relocated their stores to the suburbs.
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Old 06-16-2013, 15:01   #35
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I would have said that section 8/subsidized housing would be much higher on a list of property value/neighborhood killers than a Dollar General.
Subsidized housing and these type stores are usually clustered together.
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Old 06-16-2013, 15:06   #36
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One of our local ones is moving into a newly available medium sized grocery store. It'll be the biggest one I ever seen. Oh, and they have the best deal on beer (Bud/BL) in my area, and started selling smokes.
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Old 06-16-2013, 15:14   #37
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Quote:
Originally Posted by HKLovingIT View Post
You can also get rubber/latex gloves for gun cleaning or cat box cleaning there for cheap.
Yeah, that kinda goes in with my "cleaning supplies" (Laundry/Dishwasher detergent, 409, hand soap and sanitizer, shampoo, deodorant, etc.). Like I said, our main thing w/ that place, is as long as we don't eat it or wear it (ie, clothes)... It's OK

When I was single, there was one I would stop at on the way home from work to pick up the above items... it was in the GHETTO. The clientele there was always interesting.
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The fire is no longer my major concern since I am leaving immediately on an unexpected road trip to Indianapolis. Watch the national news over the next couple of days, I'll wave... well, only if I'm cuffed in the front.
RIP Jack
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Old 06-16-2013, 15:32   #38
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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 live in a town population 26,000, and we only have 2.
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Old 06-16-2013, 15:39   #39
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I gladly pay the dollar store $1.25 for a 2 liter of Pepsi that the grocery store charges $1.99 for
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Old 06-16-2013, 15:55   #40
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I gladly pay the dollar store $1.25 for a 2 liter of Pepsi that the grocery store charges $1.99 for
We don't drink soda, but I wouldn't have a problem buying soda there.
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The fire is no longer my major concern since I am leaving immediately on an unexpected road trip to Indianapolis. Watch the national news over the next couple of days, I'll wave... well, only if I'm cuffed in the front.
RIP Jack
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Old 06-16-2013, 16:34   #41
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We also have 2 Ollie's Bargain Outlets.

www.olliesbargainoutlet.com

I've purchased hardback books, tarps, Progresso soup, Wye River clam chowder and 2 Lamiglas graphite spinning rods for $49 each and a cheap Shimano Sahara reel for $42.

I like the medium Lamiglas rod so much I put my Shimano Sustain 4000FE on it. Unfortunately, the good rods were a one time purchase from some chain store.
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Old 06-16-2013, 17:14   #42
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Old 06-16-2013, 17:32   #43
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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, 17:58   #44
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Ehhh....they might have some cheap stuff but they also have some great prices on quality items, the same stuff you find at any other store. I guess I don't think so much of myself that I can't stop in. Great place for household cleaning items, detergent, drinks and some hygiene stuff.

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Old 06-16-2013, 18:05   #45
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And a junk yard has some great prices on some car parts. But do you want one in your neighborhood?
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Old 06-16-2013, 18:19   #46
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You guys are all wrong. Nothing destroys a neighborhood like a White Castle. HH
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Old 06-16-2013, 18:20   #47
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Waste of retail space. They prey on those who would rather get "a deal" and buy the same POS item 8 times than buy once and have it for life.

We have a flea market in the next town over. Similar situation. They sell tools that Harbor Freight wouldn't sell and other crap. People leave with armfuls of junk weekly. And come back to rebut when it breaks. ????
Yeah, I am not impressed by the quality of their merchandise.

I am not wealthy enough to buy cheap things.

I can only afford to buy something once so I buy quality.

I am sure they have good deals on some stuff there. My problem is I don't really consume much of what they sell. Now I've not gone through their shelves thoroughly but what I've seen is large quantities of junk/processed food.

I eat a lot of fresh fruit, vegetables, etc. I prefer to eat meat I've killed myself, although I certainly do buy some from the store as well as I can't keep chickens.

Snobbery isn't the only reason I don't go. I buy most of my work/casual clothes from Salvation Army. I have a sometimes dirty job, and in my spare time I work on cars/motorcycles, ride motorcycles, hike, camp, etc etc so it doesn't make sense to buy new clothes. I bought a pair of nice cargo pants, and ruined them the first day I wore them this spring. 2$, not a big deal.
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Old 06-16-2013, 19:20   #48
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Dollar Tree gets my vote. You can't beat their prices(everything is $1.00) and I buy stuff there that is much more expensive at Wal-Mart. They have many varieties of Arizona tea and many times have Monster and coffee drinks for much less that retail stores.

yes, they have junk too, but don't pass up their flavored coffees pouches. 7 oz for $1.00 makes them reasonably inexpensive and they are great!!. No, it is NOT Starbucks.
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Old 06-16-2013, 20:53   #49
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Bama fans love dollar general. They buy class there.
Save your strength buddy. It's only June
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Old 06-16-2013, 21:27   #50
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You guys are all wrong. Nothing destroys a neighborhood like a White Castle. HH
Late one night I got pulled over in a bad neighborhood. Cop thought I was there to buy crack. No sir, I just need some White Castle.
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