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A dollar store is a store that sells inexpensive items for one dollar each. A very popular concept throughout the world, the stores usually sell everything from cleaning supplies to children's toys. Many products sold in such stores are not in brand name.Often the term "dollar store", used by the store, be can misleading. Some stores with the word "dollar" in the name, and even some claiming to be "dollar stores", have items that technically cost (more or) less than a dollar. The problem with the name is also compounded by sales taxes, which leads to taxable items costing the customer more than a dollar.
Separate from "everything costs $1 (or less)" stores, there are also "Dollar General" stores, where the prices are in easy multiples of a dollar or 50 cents (for example, $2.50, $2 etc).
1 Examples of products
- cleaning supplies (sponges, sprays, scrubbers, dustpans, bleach, cloths)
- small tools (screwdrivers, wrenches, flashlights, locks, rope)
- tape ( duct tape, packing tape, scotch tape, electrical tape )
- personal supplies (combs, brushes, barettes, hair pulls, shampoo, soap)
- kitchen supplies (utensils, spatulas, peelers, dishes, glasses, potholders)
- organizational supplies (crates, dish drainers, hangers, suction cups)
- small office supplies (pens, pencils, paper, markers, tacks, paperclips)
- decorations ( Christmas ornaments, Halloween treats, Easter eggs)
- home supplies (night lights, light bulbs, extension cords, candles)
- electronics supplies (phone cords, TV cables, adapters, splitters)
- food (canned vegetables, cookies, candy, ramen noodles, soft drinks, water)
- gardening supplies (small pots, seeds, decorations, tools)
- crafts (ribbons, pom-poms, tape, scissors, paints, brushes, clips)
- home decor novelties (picture frames, candle holders, paperweights)
- small novelty toys (suction darts, rubber balls, plastic cars, booklets)
- pet supplies (chew toys, collars, leashes, bowls, rawhide)
- Outdated computer software.
- Old movies and DVDs
- Out of print books.
Some items sold at a dollar store would be a dollar or less anyway, whereas other items are a substantially better deal. There are three main reasons a dollar store is able to sell merchandise at such a low price:
- The product is sold in a smaller quantity (ex. food)
- The product is a generic / "knock-off", often specially manufactured for such stores
- The product is purchased from another retail store or distributor as overstock , closeout merchandise, or seasonal merchandise at the end of the season
Some stores carry mostly new merchandise, some mostly closeout merchandise bought from other stores below regular wholesale cost. Other variations on the dollar store include the 99¢ store, and at least one $1.25 store. While they may each set a different amount, the stores' concept depends on having a single retail price point for all merchandise, regardless of wholesaleIn commerce, a wholesaler buys goods in large quantities from their manufacturers or importers, and then sells smaller quantities to retailers, who in turn sell to the general public. See also : distribution, retail, supply chain List of Marketing Topics cost.
Dollar stores are often franchiseFranchise agreement Franchising from the French for 'Free', franchising is a method of doing business wherein a franchisor licenses trademarks and methods of doing business to a franchisee in exchange for a recurring royalty fee. The term is commonly useds. Dollar stores are the modern incarnation of "5 and 10" or " five and dimeFive and dime was a common nickname in the United States for five-and-ten-cent stores (also called 5 and 10 s), popular in the early to mid-20th century. These stores originally featured merchandise priced at only five cents or ten cents, although later i" stores where all merchandise was ten centEuro coin In currency, the cent is a monetary unit that equals th of the basic unit of value. It also refers to the coin which values one cent. Etymologically, it comes from the Latin word centum which means hundred. Mints all over the world usually creats or less.[1]
Depending upon the size, some dollar stores actually have a frozen food and drink section, and also a fruit / vegetable one. Some of the Deal$ stores in the US are one such example.
