Dollar stores made the mistake of anchoring their brand to a melting ice cube, now they can't offer any products for a dollar

Replies (15)

5 and dime stores are not in people’s memories anymore. Dollar stores will suffer the same fate. “Five Below” is next.
Minnaar's avatar
Minnaar 1 year ago
Yep, saw it coming a long time ago...
Maybe a little too early, but the right time will be here soon enough. True story: A couple years ago I thought of one day opening up a "dollar store" type of business, and calling it "The Sat Shack". My wife hates that name, though. 😆
HyperTangled's avatar
HyperTangled 1 year ago
Sats stores is probably a bad marketing strategy because Bitcoin causes natural prices deflation. A sat store isn't a good name for a store that sells items for less than a sat
The UK's "Poundland" started selling products for more than a pound in 2016. Initially it was just a few products. Now it's the majority.