Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.
Mirror, mirror, on the wall”¦who’s the cheapest of them all?
A new head-to-head comparison of Walmart, Family Dollar, and Dollar General says Wally World is 6.6% cheaper than either of the dollar stores in the food category.
The price research done by investment firm Sterne, Agee & Leach found Walmart leads in food and beverages, but lags in other areas. For example, Dollar General was found to be 6.1% cheaper than Walmart on household items.
Remember when Walmart used to have the tagline ‘always the lowest price’ in all of its advertising? Then they got sued and had to change it to ‘always low prices.’
A few years back, Walmart also tried going upscale on us. They de-cluttered their stores, brought in fancier merchandise, and raised prices until shoppers revolted. So now Walmart has gone back to its original pricing strategy and the aisles are cluttered again!
The funny thing is Walmart is still having a tough time getting enough customer traffic in stores because their core shopper isn’t doing well financially. Then again, it could also be because Walmart has completely separated the pricing at Walmart.com and its physical stores, which recently created some confusion for me when I tried to buy a Lego set for my son.
But the real threat to Walmart comes from Family Dollar and Dollar General. Though neither is a true dollar store, because they sell goods at a variety of price points — not just at $1.
Click here to see 3 great deals at the dollar store.
Both Family Dollar and Dollar General have grown by leaps and bounds during the tough economic times. Dollar General now has something like more than 7,000 locations.
But no matter where you shop, the key is to stick to private labels. I end up shopping in Dollar General a lot and when I stick to the house brand, my wallet really smiles on me!
This post was last modified on May 8, 2019 9:27 am
If you've been considering signing up for one of the Chase Sapphire credit cards, now…
The costs associated with owning a home go way beyond the amount on the mortgage. …
Inflation hits people on a fixed income the hardest. Say you're retired. You're living off…
Deciding to save and invest are great habits. But once you check that box, your…
If you're considering subscribing to Fubo, you need to be comfortable missing out on some…
Are you looking for a way to earn 2% back on every purchase you make…