Will the inevitable inflation destroy the Dollar Store ? ...

[Mark in Ottawa]

My local store has dealt with the problem by calling itself "Dollarama" without specifying how many dollars you need to pay for an item

[JB White]

Prices on food and goods had indeed gone up as everyone is hedging against more possible profit loss. Everyone is getting hit. Local businesses and consumers alike.
Stopped at a store to pick up some normal essentials. What was in the +/- $50 range cost me $84 at the register. Same at the local hardware store. A few small ticket items totaled more than expected in spite of my noticing minor increases on the shelves. 30c to 75c per item adds up fast.
Gas prices....yesterday a gallon of gas on the road cost more than the same amount of overtaxed fuel near the Chicago area on Thursday. Too many unexpected surprises lately.

[lyman]

The company I used to work for has decided to pay all the Management a 200% bonus,

typical on a good year is 105% the best year I had was 125%

bonuses are set by store location, volume and type, and is generally topped out at $35-40K, as the base, for the store manager,

so some are getting a check for a cool $80k this week

[Art]

I remember Five and Ten Cent Stores, you older guys remember, Woolworths and Ben Franklin. when I was kid 1950s and 60s there was darn little you could get in them for a nickel or dime except candy and soft drinks. All it meant was "budget store." What put them out of business wasn't inflation, it was Wal Mart. A Wal Mart opened in my little town and the "Five and Dime" shut down in a few months.

At one time they were so successful that the Woolworth Building in New York City was one of the tallest skyscrapers in town. Now, they're pretty much a memory. Business models change.

[JB White]

I remember Five and Ten Cent Stores, you older guys remember, Woolworths and Ben Franklin. when I was kid 1950s and 60s there was darn little you could get in them for a nickel or dime except candy and soft drinks. All it meant was "budget store." What put them out of business wasn't inflation, it was Wal Mart. A Wal Mart opened in my little town and the "Five and Dime" shut down in a few months.

At one time they were so successful that the Woolworth Building in New York City was one of the tallest skyscrapers in town. Now, they're pretty much a memory. Business models change.

Changing business models. I remember the Woolworth/Woolco expansion. Later I was doing "white box buildouts" in the regional shopping malls. One store we were doing nearly everywhere was Footlocker. I was surprised at the time to discover they were rebranded Woolworths.
Woolworth lunch counters. The smell was fantastic but too often the taste was a letdown. But, on cold winter afternoons it was a great place to duck in out of the cold. If we all had a pair of nickels we could split a couple plates of fries and enjoy a bottomless cup of coffee.

Ben Franklin 5&10 I don't recall being in the city proper. Mostly in the near suburbs. My aunt would give me a quarter and turn me loose. Afterward she would critique my purchases. Didn't know it at the time, but she was teaching me to spend wisely.

Thanks for the memories, Art.