Post #6842 by sdsaavedra on the Berkshire Hathaway board

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- Manlobbi

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From an article in The Guardian [access free, subscription requested]:
"99 Cents Only discount chain to close all US stores"

...Even as 99 Cents Only and Dollar Tree have struggled as dollar-store brands, Dollar General, the largest of the discount-chain companies, has heavily expanded its presence in recent years. The company announced in February that it had opened its 20,000th store, with plans to open 800 new stores this year.

Analysts have said the dollar-store brands have had different strategies over the years, with Dollar Tree focused on more urban populations while Dollar General focusing on more rural areas of the country where there are fewer competitors."

:-)Shawn

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