Business Services Industry
Connecticut Dollar Stores, Retailers Face Same Pressures in Economic Slowdown.
Knight Ridder/Tribune Business News, May, 2001
By Brenda Marks, Waterbury Republican-American, Conn. Knight Ridder/Tribune Business News
May 15--Mike Nido readily admits he shops dollar stores.
On a recent trip to a Dollar Tree Stores Inc. on Wolcott Street in Waterbury, he snatched up Rave Hair Spray for the women in his family at just $1 a can, batteries at a $1 a package, and a pair of reading glasses and sunglasses for -- you got it -- $1 each. Everything in the store, which sits in a plaza near Shop Rite, sells for $1 or less. Some items are packaged three-for-$1.
Competition for dollar customers is fierce. Just across the street is a store owned by Family Dollar Stores Inc. But Nido chose Dollar Tree because, as he pointed out, everything is actually $1.
"Doesn't matter how...
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