{"id":6083,"date":"2017-01-02T16:56:53","date_gmt":"2017-01-02T11:26:53","guid":{"rendered":"http:\/\/www.franchisezing.com\/franchise\/?p=6083"},"modified":"2024-03-04T21:19:36","modified_gmt":"2024-03-04T15:49:36","slug":"why-dollar-store-retail-a-real-franchise-success-deal","status":"publish","type":"post","link":"https:\/\/www.franchisezing.com\/franchise\/why-dollar-store-retail-a-real-franchise-success-deal\/","title":{"rendered":"Why Dollar store retail? A real franchise success deal!"},"content":{"rendered":"<p>The most surprising retail success story in America today is that at\u00a0Dollar Stores,\u00a0business is booming at the bottom-feeding small box operator even though it seems to break all the modern retail rules.<\/p>\n<p>If that wasn\u2019t enough, the amount of Dollar Store\u2019s revenue growth actually exceeded that of Target. US Dollar Stores in the world are recording about double digit growth on year on year basis.<\/p>\n<p>The truly fascinating thing about<em><strong><a href=\"http:\/\/www.franchisezing.com\/retail-franchise\/us-dollar-store-franchise\/\"> Dollar Store 99<\/a><\/strong><\/em> is that it breaks a lot of the present day retail rules. It operates basic bare bones discount stores selling low-end merchandise at very low prices.<\/p>\n<p>Dollar Store 99 franchised outlets caters to lower class customers and operates stores in places that other retailers shun. Many of its stores are in rural communities across the globe through the dynamic process of franchising.<\/p>\n<p>Personally, I think that a number of factors and converging trends account for success of <a href=\"https:\/\/www.franchisezing.com\/franchise-business-opportunities\/retail-franchise\/\"><em><strong>retail<\/strong> <\/em><\/a>stores such as US Dollar Store 99, also promoted by Nanson Overseas Pvt Ltd. These trends and factors include:<\/p>\n<ul>\n<li><em>Growing income inequality.<\/em><\/li>\n<\/ul>\n<ul>\n<li><em>Change in Lifestyle of consumers particularly Middle Class \u2013 Aspirers<\/em><\/li>\n<\/ul>\n<ul>\n<li><em>Strong push for the lower middle class and working class customer and rural customers \u2013 opening in rural cities or as we say b,c,d grade cities in India.<\/em><\/li>\n<li><em>Interests the working class\u00a0 &#8212;\u00a0 Value seekers<\/em><\/li>\n<\/ul>\n<ul>\n<li><em>Serving all demographics<\/em><\/li>\n<\/ul>\n<p>Now, coming to the billion dollar question: Can Dollar Stores keep it up? The answer is a definite YES, till the date there is existent of people who want to opt for value for money retail deals\u2026.<\/p>\n<p>Dollar Store concept has been doing very well in recent years largely because of the strong growth in prescription demand is driving customers into their small box locations.<\/p>\n<p><a href=\"http:\/\/The%20most surprising retail success story in America today is that at Dollar Stores, business is booming at the bottom-feeding small box operator even though it seems to break all the modern retail rules. If that wasn\u2019t enough, the amount of Dollar Store\u2019s revenue growth actually exceeded that of Target. US Dollar Stores in the world are recording about double digit growth on year on year basis. The truly fascinating thing about Dollar Store 99 is that it breaks a lot of the present day retail rules. It operates basic bare bones discount stores selling low-end merchandise at very low prices. Dollar Store 99 franchised outlets caters to lower class customers and operates stores in places that other retailers shun. Many of its stores are in rural communities across the globe through the dynamic process of franchising. Personally, I think that a number of factors and converging trends account for success of retail stores such as US Dollar Store 99, also promoted by Nanson Overseas Pvt Ltd. These trends and factors include: \uf0a7 Growing income inequality. \uf0a7 Change in Lifestyle of consumers particularly Middle Class \u2013 Aspirers \uf0a7 Strong push for the lower middle class and working class customer and rural customers \u2013 opening in rural cities or as we say b,c,d grade cities in India. \uf0a7 Interests the working class --- Value seekers \uf0a7 Serving all demographics Now, coming to the billion dollar question: Can Dollar Stores keep it up? The answer is a definite YES, till the date there is existent of people who want to opt for value for money retail deals\u2026. Dollar Store concept has been doing very well in recent years largely because of the strong growth in prescription demand is driving customers into their small box locations.\"><em><strong>FranchiseZing<\/strong><\/em><\/a> is one of the leading franchise consultancy company offering to bridge the gap between the franchisor and the franchisee. For details reach us at 97178-99733 or mail us at info@franchisezing.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The most surprising retail success story in America today is that at\u00a0Dollar Stores,\u00a0business is booming at the bottom-feeding small box operator even though it seems to break all the modern&nbsp;[ &hellip; ]<\/p>\n","protected":false},"author":1,"featured_media":6084,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1491],"tags":[],"class_list":["post-6083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","list-style-post"],"_links":{"self":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/6083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/comments?post=6083"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/6083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/media?parent=6083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/categories?post=6083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/tags?post=6083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}