What advice would you give Dollar General about its expensive expansion plans? What do you think are Dollar General’s Greatest strengths and opportunities? Dollar General’s expansion plans are unnecessarily expensive as of the moment as the bid to acquire Family Dollar Store is more important. Notably, it will open up its markets to rural areas that Family Dollar had acquired customers in. Besides, acquiring the firm minimizes the risk of an ill-informed venture and will also be cost effective as no new stores will have to be opened. Notably, Dollar General can boast the largest customer base ...
Essays on Family Dollar Stores
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Question 1
A critical evaluation of the company reveals that Family Dollar’s retail strategy has been structured in a manner necessary to cope with both bad and good economic times. For instance, during bad economic times, say a recession, the store’s goals are often reevaluated in order to continue building customer experience and loyalty. In general, evaluation postulates that Family Store’s retail strategy of offering customer with convenience and value continuous to appeal customers of different demographics; both low-income and middle income families. As a way of strengthening the effectiveness of the store’s retail strategy, Family Dollar has initiated a number ...