Woolworths could return to UK
Posted: January 25th, 2024, 1:26 pm
They better watch out for Dollar General. Dollar General does basically the same thing, with a larger mix, better expertise at consumables/food, and way tighter expense controls.HCal wrote: ↑January 25th, 2024, 1:26 pm https://www.bbc.com/news/business-68068 ... mf5sMGjX5w
Any thoughts?
Woolworths (USA) into a Dollar General if they survived?storewanderer wrote: ↑January 25th, 2024, 10:09 pmThey better watch out for Dollar General. Dollar General does basically the same thing, with a larger mix, better expertise at consumables/food, and way tighter expense controls.HCal wrote: ↑January 25th, 2024, 1:26 pm https://www.bbc.com/news/business-68068 ... mf5sMGjX5w
Any thoughts?
Just think if the US Woolworths had played its cards differently and not been so stuck to malls, they could have become what Dollar General is today. Whether or not that is a missed opportunity or not is up for debate.
Why not? They are practically the same store... just more food/consumables at Dollar General...veteran+ wrote: ↑January 26th, 2024, 9:49 amWoolworths (USA) into a Dollar General if they survived?storewanderer wrote: ↑January 25th, 2024, 10:09 pmThey better watch out for Dollar General. Dollar General does basically the same thing, with a larger mix, better expertise at consumables/food, and way tighter expense controls.HCal wrote: ↑January 25th, 2024, 1:26 pm https://www.bbc.com/news/business-68068 ... mf5sMGjX5w
Any thoughts?
Just think if the US Woolworths had played its cards differently and not been so stuck to malls, they could have become what Dollar General is today. Whether or not that is a missed opportunity or not is up for debate.
I highly doubt that....................
The merchandise mix is basically the same?
Like you, I remember Woolworth's. They were not like Dollar General nor were the like drugstores without a pharmacy. Woolworth was more like a scaled-down K-Mart. They also operated Woolco stores that were somewhere between a K-Mart and a Target.
Out west in the 80's and 90's the drugstore chains Longs and Payless were exactly that: a scaled down K-Mart type of a store. Osco/Sav-On and Thrifty were not... they handled fewer categories... and more of a focus on consumable food/liquor.rwsandiego wrote: ↑January 27th, 2024, 8:00 pmLike you, I remember Woolworth's. They were not like Dollar General nor were the like drugstores without a pharmacy. Woolworth was more like a scaled-down K-Mart. They also operated Woolco stores that were somewhere between a K-Mart and a Target.
Although Woolworth had stores in malls and shopping center, they had hundreds of stores in urban shopping districts. They also had several multi-level stores in the downtowns of large cities.
rwsandiego wrote: ↑January 27th, 2024, 8:00 pmLike you, I remember Woolworth's. They were not like Dollar General nor were the like drugstores without a pharmacy. Woolworth was more like a scaled-down K-Mart. They also operated Woolco stores that were somewhere between a K-Mart and a Target.
Although Woolworth had stores in malls and shopping center, they had hundreds of stores in urban shopping districts. They also had several multi-level stores in the downtowns of large cities.
One of Woolworth's problems was their aging store base. They were musty and old. It was as if they stopped spending money on existing stores in 1963.