A dollar store is a store that sells inexpensive items for one dollar or less each. A popular concept throughout the world, the stores usually sell everything from cleaning supplies to children's toys to food. In the United States, most, if not all, of these stores contain almost exclusively merchandise that is imported from overseas. There are many dollar stores that sell nothing but goods made in China.
Often the term "dollar store", used by the store, can be misleading. Some stores with the word "dollar" in the name, and even some claiming to be "dollar stores", have items that technically cost more (or less) than a dollar. The problem with the name is also compounded by sales taxes, which leads to taxable items costing the customer more than a dollar.
Separate from "everything costs $1 (or less)" stores, there are also stores featuring the word "Dollar" in their names, where the prices are in easy multiples of a dollar or 50 cents (for example, $2.50, $2 etc).
The most notable examples are the large retail chains Dollar Tree, Dollar General, and Family Dollar.
Some items sold at a dollar store would be a dollar or less anyway, whereas other items are a substantially better deal. There are four main reasons a dollar store is able to sell merchandise at such a low price:
Some stores carry mostly new merchandise, some mostly closeout merchandise bought from other stores below regular wholesale cost. Other variations on the dollar store include the 99¢ store, and at least one $1.25 store. While they may each set a different amount, the stores' concept depends on having a single retail price point for all merchandise, regardless of wholesale cost.
Dollar stores are often franchises. Dollar stores are the modern incarnation of "5 and 10" or "five and dime" stores where all merchandise was ten cents or less.*
Depending upon the size, some dollar stores actually have a frozen food and drink section, and also a fruit / vegetable one. Some of the Deal$ stores in the U.S. are one such example.
The Hema (Hollandse Eenheidsprijzen Maatschappij - Dutch Standard Pricing company) was originally a 'guilder' store, everything costing one gulden.
In Norway there is Tier´n, which is a colloquialism for ten kroner (crowns), about $1.40.
In Sweden there is Bubbeltian, called by some Tian, which is a colloquialism for ten kronor (crowns), about $1.25. Another chain that has been spreading in Sweden during the last seven years is Dollarstore*, a chain where everything costs either 10, 20, 30, 40, 50 or 100 skr, which is supposed to roughly equal one, two, three, four, five or ten dollars. Despite the obvious similarity in name, it paradoxically does not seem to have any official connection with its American namesake, Dollarstore Corporation, and is limited solely to Sweden. Having a wider price range, these stores naturally also has a wider range of products than Bubbeltian, meaning more or less all of the aforementioned products excluding books and computer software. While it has only eleven stores yetsofar and has yet to reach any further south down the country than the town of Ludvika in the country's geographic middle, it is still one of the fastest growing low price chains in the country, after Netto and Lidl.
In Spain there are Todo a 100 shops ("everything for 100 pesetas (0.60 €)"), although due to the introduction of the euro and inflation, most products cost a multiple of 0.60 or 1 euro. Most of these shops maintain their name in pesetas, and most of them have been renamed as Casi todo a 100 ("almost everything for 100 *") or Todo a 100, 300, 500 y más ("everything for 100, 300, 500 or more").
In Romania there are 38 000 lei shops. 38 000 ROL equals 3.80 RON (new Romania currency) and is the equivalent of about 1.20 euros. Excepting food, they sell about everything that can be squeezed at this price. Some stores also sell products at multiples of 3.80 lei.
The stores are said to be proliferating across Japan since around 2001. This is considered by some an effect of decade long recession of Japanese economy.
For a long time, 100-yen shops existed not as stores in brick-and-mortar building, but as vendors under temporary, foldable tents. They were (and still are) typically found near the entrance areas of supermarkets.
Although there is no official name for these stores in Arabic, they are generally called the "kul'lo shayy'in AAshara dirham" stores ("everything ten dirhams"). Ten dirhams would be about USD $3.
The popular ones in Dubai are Arz Al-Hadaya ("Gift Land"), Al-Kabayl Discount Center, Day to Day, and Gift Village.
Distribution, retailing, and wholesaling | Marketing | Franchises
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