←back to thread

510 points bookofjoe | 1 comments | | HN request time: 0.233s | 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 #
sema4hacker ◴[] No.46185228[source]
Has private equity ever done anything good for anyone outside of the investors?
replies(19): >>46185374 #>>46185474 #>>46185536 #>>46185605 #>>46185618 #>>46185662 #>>46185700 #>>46185710 #>>46186450 #>>46186733 #>>46187823 #>>46188138 #>>46188268 #>>46188770 #>>46189870 #>>46190264 #>>46191097 #>>46191669 #>>46192442 #
chongli ◴[] No.46185536[source]
Private equity are the crows of the economy. They pick off weak / dysfunctional businesses and open space for fresh competition (or for other markets to open up).
replies(8): >>46185585 #>>46185617 #>>46185660 #>>46186017 #>>46186347 #>>46186482 #>>46186699 #>>46186796 #
VerifiedReports ◴[] No.46185660[source]
Tell that to former JoAnn Fabrics customers.
replies(1): >>46185720 #
pclmulqdq ◴[] No.46185720[source]
They should have paid more for the fabric, I guess. Private equity tends to loot things on the way down. Joann was on the way out regardless.
replies(1): >>46186202 #
collingreen ◴[] No.46186202[source]
Lol, the "it's actually good for customers" response is "they should have paid more"? I love it.
replies(1): >>46186533 #
pclmulqdq ◴[] No.46186533[source]
Nobody in this comment chain was saying it was good for the customers. The GP was saying that they clear out room for new businesses, and if brick-and-mortar-fabric-superstore were still a viable model someone would be doing it.
replies(3): >>46186667 #>>46186793 #>>46201192 #
1. VerifiedReports ◴[] No.46201192[source]
The "clear out room for new business" argument is as absurd as it gets. If you think the landscape is packed to capacity with brick-&-mortar stores to the point that it needs "room for new business," you don't live in the USA.