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510 points bookofjoe | 1 comments | | HN request time: 0s | source
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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.

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thanhhaimai ◴[] No.46185506[source]
And this is exactly why I only shop at Costco. While other retailers try to get me to buy more stuffs, Costco try to make sure I'm satisfied enough that I'll renew my yearly membership (their main profit source). The incentive structure aligns very well.
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Waterluvian ◴[] No.46185559[source]
Buying in bulk is about having the ability to both afford next week’s food this week and have the means to store it. Not to mention the annual subscription.

Responding to a comment about dollar stores preying on the poor with, “that’s why I shop at Costco” is… a choice.

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joncp ◴[] No.46186095[source]
... and a car to haul all that stuff, and time to drive to the nearest Costco.

It really is a luxury that a ton of people can't afford.

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cyberax ◴[] No.46187138[source]
Why is car a luxury? A clunker car worth $2000 will still work fine for years with minor maintenance that can be done by yourself.

Oh, yeah. Cities. Cars are expensive when you live in a 100 sq. ft. box.

Perhaps that's what is causing problems?

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1. doublepg23 ◴[] No.46188353[source]
The $2000 daily driver died with covid.