October 2009
1 post
1 tag
Lessons learned from the Dollar Store
Did you know that UltraBrite toothpaste, 6 oz for $1 at Dollar Tree, not only has exactly the same ingredients in exactly the same order as Colgate, but it’s also manufactured by Colgate-Palmolive! They sell the same toothpase dyed and repackaged and marketed heavily for over twice as much! I can’t believe how much money I’ve spent over the years that I didn’t need...
August 2009
1 post
Sears finds customers are responding to thrifty... →
This is really fascinating. It’s essentially a complete reversal of the old paradigm. Instead of a store charging you a fee to borrow money from them, they’re paying you to borrow them money! Fascinating. From a retail operations perspective, it’s also incredibly prudent because it will increase their cash supply just when they need it to ramp up inventories for the holidays...