Save More And Buy More At New Dollar Shops

Save More And Buy More At New Dollar Shops

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The economic slowdown thats being experienced worldwide has definitely affected American consumers. People arent interested in buying expensive cars and television sets anymore. With the cost of daily commodities, education and basic needs on the rise, even the high middle class populations are flocking to dollar shops for their needs.

Were no longer talking about toys and other trinkets, here. Were talking about fresh produce, packed food and clothing. Boutiques and shopping malls may be closing down, but dollar shops are experiencing a wonderful revival, thanks to the near-meltdown in the US. The 35% increase in foreclosures in states such as California isnt helping the shopping malls, either. People need cheap goods, and people need them now.

High-income individuals become dollar-shoppers

According to a recent research by Nielsen Co., a long-established statistical company, middle-income earners and high-income earners are now patronizing stores like Dollar General for their every need. As weve mentioned earlier, people are after clothes as much as cheap but effective household cleaners.

In addition, they want it from a store that offers these products for $1 or less. Just how much time are the high-income people spending on dollar stores? According to Nielsen Co., the recent figure is 18% more, compared to the statistics in the year 2008.

What to buy, and for how much

There should be no mistake here; only 23% of the goods sold in dollar stores actually cost a dollar or less. Still, youre dealing with an assortment of goods with lower prices than those offered in larger store chains or supermarkets. If you dont have the budget for large bags of goods from Costco, dollar shops are a good choice. According to the statistics from Nielson Co., about 45% of those who patronize largely the dollar stores are individuals who earn less than $30,000 per year.

Most people who go to dollar stores find good deals with paper products and household cleaners. As for food, you can buy sweets and some small pastries from dollar stores, as well. If you were willing to travel to a small shop for your needs, you would be spending far less on the same products. This is in contrast with other chains like ShopRite.

Safety issues

Were not going to be completely positive about this, because one irrevocable fact remains; many goods in dollar shops remain substandard. Many of the electrical merchandise such as bulbs and extension cords have been manufactured largely in places like Mainland China.

Because of this, these stores cant help but sell goods that have not met the quality control standards of the United States. And heres something thats more disturbing. The issue with lead-laden trinkets and playthings for children is still very much alive, because regulation in China is still a problem.

If you have small children who are prone to chewing their toys, dont risk it. Stick to toys manufactured in places like Sri Lanka, Thailand and Taiwan to be safe. As for electrical goods, dont risk it, as well. Its better to spend $20 on a quality electrical cord than risk burning down your house for a $3 electrical cord.

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