Is the Dollar Store the New Convenience Store?

Sept. 17, 2012, 1:45 p.m.

Studies show why dollar stores have grown in popularity. Experts discuss how retailers can continue this trend.

Dollar Store Economy

Recent studies have been bringing light to the emergence of the dollar store as a true competitor to traditional discount retailers like Wal-Mart. A piece in the New York Times claimed that we are in a dollar store economy, and some of the studies show that it may be more than the economy driving the popularity of dollar store. A large and increasing portion of dollar store shoppers include the middle class, at about 22 percent in the $70,000 and up income range according to the article.

Meanwhile some dollar stores are expanding their selection to include higher quality items and more perishables, allowing shoppers to skip the convenience store altogether, this according to a report by News Channel 5, an ABC affiliate.

Emerging trend

Experts from Dollar Store ...

Buy Your Kids a Job? See How One Couple is Securing Their Family’s Future in Tough Economic Times

Aug. 30, 2012, 12:34 p.m.

Five months after opening their first Dollar Store, Orlando Couple plans to open Dollar Stores for each of their three kids. Discount Retail Store Services interviewed them.

Just a Dream?

Woodrow and Silvia Wills had dreamed of opening their own Dollar Store for a long time, but between working full time and three kids, they were never able to pursue that dream. When the company that Silvia was working for was sold she lost her job, and according to Silvia, fate intervened.

All Roads Lead to DSS

They began researching the process extensively, starting with Google, finding out more about starting a business and different companies that specialize in franchising, “We looked at a lot of other services that do the same thing, but the quality just wasn’t there. A lot of companies could help us build it out and also franchise and we weighed the options and we decided ...

Discount Retail Store Services Announces Partnership with Veterans Business Resource Center

June 12, 2012, 11:56 a.m.

The partnering of the companies will help U.S. Veterans emerge from the military and become business owners.

Las Vegas, June 12, 2012: Discount Retail Store Services, North America’s largest developer of retail stores, today announced its plan to partner with Veterans Business Resource Center, a community-based economic development center that assists Veterans of the United States military in transitioning their military skills into small business and self-employment opportunities.

Heroes to Home

The Veteran Business Resource Center’s Hero To Home Program provides assistance and guidance to military members, their families and Veterans seeking to build small business clientele. They also assess skills and connect Veterans to alternative employment opportunities due to job elimination while deployed and identify replacement work due to conditions which make it impossible to return to previous employment. According to many Veteran program statistics, it takes an average of 6 months to actively participate in the transition ...

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