Dollar Tree says US$1.25 price point to become new standard

Re:Dollar Tree says US$1.25 price point to become new standard by xapata on Tuesday November 23, 2021 @03:27PM (#29322984)

> afford

Afford is an elusive concept. Dollar stores are often more expensive per-unit, but cheaper per-package. If the shoppers had better access to financing, some might choose to take a longer trip to, say, Costco, and buy things at a cheaper per-unit price in a more expensive package.

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Re:Dollar Tree says US$1.25 price point to become new standard by throwaway946513 on Tuesday November 23, 2021 @04:30PM (#29323808)

Pretty sure the idea of financing groceries, or common daily/weekly expendables isn't a very good one.

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Re:Dollar Tree says US$1.25 price point to become new standard by xapata on Tuesday November 23, 2021 @07:36PM (#29325563)

Depends on the price, of course. Compare the per-unit prices, your warehousing costs, and the interest rate on the loan.

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Re:Dollar Tree says US$1.25 price point to become new standard by brewdad on Tuesday November 23, 2021 @04:56PM (#29324067)

Why do you think payday loan shops exist?

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Re:Dollar Tree says US$1.25 price point to become new standard by throwaway0a5e on Tuesday November 23, 2021 @05:10PM (#29324200)

Primarily to pay government fines and auto repair bills. Nobody is getting a payday loan to buy groceries. They're doing it to stave off things that if ignored will cause them to lose their income and slide further into poverty.

They're poor, not stupid.

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Re:Dollar Tree says US$1.25 price point to become new standard by imtringued on Wednesday November 24, 2021 @04:59AM (#29328472)

Actually the most common reason is to pay rent because you can't bill that on a credit cart.

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