What Time Does The Dollar Store Near Me Open (2024)

FAQs

Why are dollar store items so cheap? ›

One key approach is bulk buying from suppliers. By purchasing millions of units to distribute across their numerous locations, they can acquire products at a lower cost, similar to the savings Costco offers its customers through bulk purchases. Another method dollar stores use is sourcing liquidated items.

Even though Dollar General has the word “dollar” in its name, everything in the store doesn't go for a buck; their merchandise is just low priced. Family Dollar is another chain that has the word “dollar” in its name but sells items for more than a buck.

Dollar stores may once have had shelves filled with items priced at a dollar, but that is no longer true — and it's not just because of inflation. To meet rising demand, they've expanded their inventory beyond personal care and craft items to include food, paper products, cleaning supplies and cosmetics.

Any store with a plus section will have a plus banner next to the store address.

In fact, Walmart cost less than Dollar General in our price comparison. We checked prices on a basket of common goods in their online stores. Walmart was cheaper overall, and beat Dollar General in 10 out of 12 of the items in our basket.

In an effort to cater to customers who want a more upscale shopping experience, Dollar General is opening retail locations that operate under a different brand. These stores are called pOpshelf, and they're meant to appeal to wealthier and more suburban customers.

There's no easy answer to this. It ultimately depends on what you're looking for. If you're on a tight budget and want everything to cost just $1.25, then go for Dollar Tree. But if you're looking for a wider selection of quality products and can spend a little more, then choose Dollar General.

Dollar General and Family Dollar both offer a wider range of items and may have more sales and promotions, but their prices can vary. It is best to take the time to compare prices and selections at each of these stores to determine which one is truly the best fit for your budget and shopping needs.

Aisles at many Dollar General stores have been clogged with everything from dog food to school supplies over the last few years. Employees have told Insider that one cause for the mess is that Dollar General hasn't allocated enough worker hours to maintaining them.

Early in the 1990s, K&K Toys was sold to KB Toys, a Melville Corp., and all assets were used to expand dollar stores. We underwent a name change to Dollar Tree Stores in 1994. Then in 1995, we went public on the NASDAQ exchange at $15 a share.

Is Dollar Tree raising prices in 2024? ›

Dollar Tree's CEO did say in March the increase will start in 2024 across all stores.

Adding Dollar Tree Plus Items to Our Stores

We've added Dollar Tree Plus sections to over 5,000 of our stores which provide customers with even greater deals at the $3 and $5 price points.

Dollar Tree raised the base price of items to $1.25 in 2021. "This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7," Dollar Tree Chairman and CEO Rick Dreiling said during the company's fourth-quarter earnings call earlier this month.

We accept up to four of the same Manufacturer Coupons per customer per day.

It probably doesn't come as a surprise that dollar stores typically stock surplus items, items that are damaged or have a lack of freshness. Other items just come in smaller sizes and the stores keep a small staff to save on staffing costs.

Not unlike big box bulk stores like Costco, dollar stores source their product from other stores or brands looking to sell off merchandise in a hurry, either because they want to make room for new product, or because the items weren't as popular as the purchaser thought they would be.

These stores can sell products at a lower price because the items are custom-made in smaller sizes. But that doesn't always translate to savings. The key to finding a good deal is to pay attention to the “per-unit cost” — the price per ounce or item in a package.

You can save money

It's safe to say the majority of dollar store shoppers are there to save money. However, that doesn't mean every item in the store represents the lowest price in town. It pays to have a shopping list and to know how much the items on your list would cost at another nearby store.