GFunkMoneyDog wrote:More good Trump news. Consumer confidence is at a 17 year high!!!!!!!!!!
More good news. Or is it? The Dollar Store is building 1,000 new stores for rural America, to add to their existing 14,000 inventory. Is this really good news for rural communities that have only one or two local grocery stores that supply fresh meats, dairy & produce?
If the trend of Dollar Store closing local grocery stores continues, maybe the news for rural residents is rather bad. Dollar Stores will put those markets out of business. Already local groceries are operating on thin profit margins, barely able to compete where Walmart’s is within reasonable driving distances of 25 to 30 miles. Some rural Walmart stores competing with Dollar Stores have already closed.
None of this will affect people living in rural communities that can have Omaha Steaks meat products and Whole Foods products delivered to their door. Or at least to an existing UPS Depot within driving distance. It will affect people without the means to drive several miles to a Walmart Super Centers for fresh meat, dairy and produce.
Just like we seen with Walmart putting local groceries out of business, we will see these rural Dollar Stores pick off the remaining few rural local grocery stores. And if course higher prices following, once competition is no more.
It’s okay though. Trump has complete confidence he & his billionaire class rural folks won’t mind. After all it’s those $3.00 an hour illegal strawberry pickers to blame. Or maybe they aren’t? https://www.bloomberg.com/news/features ... n-rural-am