←back to thread

510 points bookofjoe | 1 comments | | HN request time: 0s | source
Show context
regera ◴[] No.46185157[source]
Dollar stores are private equity with a checkout lane.

In 2025, Dollar Tree sold Family Dollar to a group of private-equity firms: Brigade Capital Management, Macellum Capital Management and Arkhouse Management Co.

https://corporate.dollartree.com/news-media/press-releases/d...

It’s a business model cosplaying as poverty relief while quietly siphoning money from the people least able to lose it. They already run on a thin-staff, high-volume model. That 23% increase is not a glitch. They know their customers can’t drive across town to complain. They know the regulators won’t scale fines to revenue.

replies(17): >>46185182 #>>46185228 #>>46185328 #>>46185369 #>>46185506 #>>46185683 #>>46185730 #>>46185872 #>>46186098 #>>46186112 #>>46186250 #>>46187818 #>>46188387 #>>46190357 #>>46192019 #>>46194885 #>>46195965 #
jmspring ◴[] No.46185369[source]
The sad thing is, people in rural areas that depend on places like Dollar General, and are getting fleeced blame everyone but republicans and they are usually in red areas
replies(1): >>46185612 #
antonymoose ◴[] No.46185612[source]
I’ll bite…

I live in a rural area with a Dollar General about a half mile from my neighborhood. For staples, it’s honestly fine. You want a 6 pack and some hot dog buns because you missed it in the Wal-Mart run the other day (15 miles away), it’s great!

You’re not getting fleeced and if you are, the gas savings alone more than make up for it (0.65 per mile per the IRS.)

For folks who depend on the local DG for, idk, clothes and household goods it might be much worse, I don’t shop for those there ever, but on staples it’ll do, especially given the density of stores compared to major chains.

replies(3): >>46186011 #>>46186894 #>>46187604 #
WarOnPrivacy ◴[] No.46186011[source]
Being in a shopping rich area, I have some luxury of choosing what I get where. DG is a good option for a small list of items, about ½% of my shopping.

But it'd be awful if my best shopping option was 15mi away.

replies(3): >>46186577 #>>46187216 #>>46206803 #
pwg ◴[] No.46187216{3}[source]
> But it'd be awful if my best shopping option was 15mi away.

In much of the rural US, 15mi away is having your good shopping close by. A lot of areas make due with their "best shopping option" being well more than 15mi away.

replies(1): >>46187749 #
1. BenjiWiebe ◴[] No.46187749{4}[source]
Yes 15 miles for good shopping sounds pretty nice. I'd say I've got it fairly good for being rural - only 23 miles to the nearest Walmart. That town isn't really great shopping though.