Wednesday, May 3, 2017

How True

From Jsonline, Milwaukee: The retail-store funeral procession keeps growing.J.C. Penney, Macy’s, Sears, Kmart, Payless ShoeSource, Abercrombie & Fitch, Gander Mountain, hhgregg and more – all have joined the lengthening line of merchants closing brick-and-mortar stores.
But there’s one type of retailer for whom the bell isn’t tolling: Dollar stores – those downscale outlets filled with everything from underwear and laundry detergent to frozen pizza – are thriving.
And Wisconsin appears to be targeted for accelerating growth.
Dollar General, by far the largest of the three major chains in the sector, recently opened a 1 million-square-foot distribution center in Janesville. The development comes as the company plans 1,000 new stores this year alone, pushing its nationwide count to more than 14,000.
That probably will give Dollar General more U.S. locations than McDonald’s. It already has about as many as Starbucks.
Ten years ago, there were just 8,300 Dollar General stores.
The Janesville facility is the firm’s 14th warehouse, but its first north and west of Chicago, providing the company a springboard to supply stores here and throughout the upper Midwest.
In Kingman AZ., population of 25,000, if you include the surrounding areas, we have 3 Family Dollars, 4 Dollar Generals, a Dollar Store and a few more independent discount retail stores.
We also have a Wal-Mart, a failing Kmart, a Home Depot, a few small retail, mostly clothes stores and several grocery stores.
These dollar stores are great because they are usually cheaper than a convenience store, like a gas station/store and you usually don't have long lines like the box retailers.  And these stores are located near the neighborhoods, so people can walk to the stores instead of trying to find a ride to big stores.
I don't thinks these stores are a fad and they can weather bad economic times like the past recessions.

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