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The last time I was in a dollar store was 20 years ago in college and it was all trash then. I doubt 20 years of inflation, even low inflation, has been good to them.
I use to check out the BigLots near where I lived a few decades back, mainly for grocery items that rotated regularly. It was a good place to buy pasta, cereal, and a few select items when they had them.
Hmm, they still sell hot dogs at Costco. That was supposed to go away. The people will talk with their feet! /sWhat's that about 'what goes up ...' ?
Dollar Tree to raise its prices to $1.25
Dollar Tree has sold products at $1 for 35 years and was the last of the major dollar store chains to actually be a dollar store.
That was my experience in college, bought some cleaning supplies, and they were all a waste of money.
Reminds me of when I was working at the EB shipyard. All these vendors would show up on the street on payday selling all kinds of tools, most of it was junk. I spotted a set of 5 small spin type hex nut socket tool set. They were like a $1.50. All I could lose was a $1.50. Well, everyone of those tools, the first time you used any pressure, the plastic handle would crumble in your hands like they were made out of sugar.
In the U.S. market, the ASP is closer to $500 due to Apple's popularity. According to IDC, the ASP for Apple phone sales is a staggering $950 (and they have close to 45% domestic market share):
I make a reasonable amount of money, and I've never financed a phone, and I've never paid more than $250 OOP for one either. But I also don't care if someone titters at me using a phone that's more than 2 generations old... not that I'd be likely to associate with such a person in the first place, nor they me.I guess I was wrong. It was my ignorance.
The people around me have expensive Apple smartphones, or Samsung S21 ultras, or those Samsung Z phones. They are like $1500 and up.
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