Friday, March 15, 2024

Business Friday

 

Dollar Tree bought Family Dollar.  Big mistake.  Too much debt, too fast.   The company announced 1,000 stores will be closed.

I have no problem admitting that I visit both, on occasion-- Dollar Tree more than Family Dollar.  The latter have manageably sized stores.  You can usually get in and out without an issue.  On the other hand, they are nothing special and the prices aren't that great.

Wendy's, which recently was caught with its hands in the "dynamic pricing" cookie jar, is introducing an Orange Cream Frosty.  It's a temporary menu item.  As much as I've been avoiding Wendy's recently, I am intrigued.

How would you like to be the public relations person for Boeing right now?  Someone has a lot of explaining to do.

Gasoline prices are at a four month high.  The peak demand summer travel season is hitting early.

Chocolate prices are on the way up.  That one is going to hurt.

Tik Tok might be on the way out.  Come on?  You can do without it.

Gap reported a good holiday season, and its sister chain, Old Navy is also doing well.  Old Navy doesn't surprise me.  Gap does.  It's become extremely pricey.

Price Chopper in Taylor closes next month.  It's clear the store isn't making money, and that's unfortunate.  I always enjoyed my visits. Value minded shoppers hit WalMart across the street.  Shop Rite, just a few miles in Moosic, does a lot of things better.    This could have worked.