Released: October 06, 2008

Dollar stores feel the pinch

Source: Sarah Skidmore, Associated Press [Baltimore Sun]

A buck will still buy you a bottle of shampoo, two rolls of paper towels or four containers of generic breath mints at some dollar stores. It even buys a bit of excitement in the hunt for a deal.

But it won’t buy motor oil. Or a multipack of Tic Tacs. Or many other items that were once a steal for a single dollar.

Tough economic times have meant a boom in business for many dollar retailers as shoppers hunt for bargains. Most have seen their traffic and sales grow. But the rising cost for goods has some companies examining their offerings more closely.

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Keywords

Retail, Shopping