‘Penny Shoppers’ Are Finding Hidden $0.01 Deals at Dollar General — And It’s a Sign of a Larger Problem for the Discount Chain
July 27, 2023
Business Insider
Bargain hunters, known as “penny shoppers,” are scouring Dollar General stores for items priced at $0.01 each, a result of the discount chain’s inventory issues and messy stores. Dollar General cuts prices to $0.01 on items they plan to remove from inventory, but understaffed stores sometimes fail to take them off the shelves, creating an opportunity for eagle-eyed shoppers to find these hidden deals. The penny items have become a trend, with Facebook groups and TikTok videos offering tips and experiences for finding these extreme bargains.
Recent News
-
Brands Embrace AI to Revolutionize Customer Experience
In a bid to enhance customer interactions and reduce the drawbacks of live customer service, brands are turning to AI solutions, from chatbots to innovative food delivery robots. Home Chef, a meal-kit-delivery service, employs the virtual assistant Herb to streamline…
-
Tesla’s Growth Slowdown Sends Warning Signals to Electric Vehicle Industry
Morgan Stanley analyst Adam Jonas suggests that Tesla’s recent tempered growth expectations indicate potential challenges for the broader electric vehicle (EV) industry. Following Tesla’s disappointing third-quarter results and cautious earnings call, Jonas believes there’s a ripple effect across the EV…
-
Housing Market Faces Continued Affordability Crisis as Mortgage Rates Near 8%
The housing market in the United States is witnessing its most challenging phase in years, with mortgage rates inching toward 8% and prices soaring for three consecutive months. Data reveals that September experienced the lowest housing sales in 13 years….
-
Elon Musk’s X Plans New Paid Subscriptions Amid Reports of Declining Web Traffic
Elon Musk’s X is set to introduce two new subscription tiers despite reports of a significant decline in web traffic. The Tesla CEO shared on X that one tier would be lower cost with all features but no ad reduction,…