How Dollar Stores Make You Pay More for Less
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Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/ Dollar stores may not be as wallet-friendly as you think. They buy their inventory of already-discounted items in bulk — sometimes for less than 30 cents each — then sell them to you for $1. And they keep prices low by partnering with name brands to create smaller-sized products that fit their one-dollar price point. But on a per-ounce basis, it can cost more to buy that tiny shampoo than the full-size version at another retailer. And still, dollar store shopping is on the rise. According to the American Journal of Public Health, dollar stores are the fastest-growing *food* retailers for homes in the US. Watch the full video about the Economics of Dollar Stores here: https://youtu.be/IERBfLjfXTg.