The Piggy-Bank Billionaire

How KKR is raking in the pennies.

« Return to Article

Discuss

Member Comments

  • Posted By: dharmon @ 06/12/2009 11:17:39 AM

    I've shopped there, and just this week, Goodwill, where I've found new clothes with the tags still on! My husband clear more than enough that I don't have to shop there, but I pinch and buy canned goods and plants - can't beat $1 plants to put around the house!

  • Posted By: Still Free in the USA @ 06/12/2009 10:20:30 AM

    Been shopping there for years; its not a green shoot; it is and always has been for smart "pirates" looking for treasures. I call it creative financing. Same with resale, Goodwill, St. Vincent Depaul and garage sales. My husband and I live within our means; shop there for many things; even with him out of work; living within our means and not needing blue ducks on our paper towel; allows us to have full bellies all paid for with out own dime instead of food stamps. KUDOS to a LONG time enttiy that has kept my family off the government trough

  • Posted By: Wabbage @ 06/12/2009 8:56:47 AM

    As the spouse of a long-time Dollar General employee, I can say with some conviction that there is no group of corporate leaders I'd less like to see succeed. DG is a worker mill - they pay lousy wages, have insane worker turnover, and expect their employees to work constantly and go the "extra mile" for the company with little or no return. When my spouse's store led their district in performance they were rewarded not with bonuses or raises but with a "wear jeans to work Friday." When they had trouble filling a managerial position in the district, my spouse was appointed on an interim basis with a promised pay hike. For two months the my spouse worked increased hours, handled the stress of keeping a troubled store in some order, and never did see the promised pay increase.

    Don't get me wrong. My issues with DG have almost nothing to do with their products, although these days I don't find them that much more affordable than, say, Wal-Mart. I do, however, believe they are one of the worst companies in the nation in terms of employee relations. In my experience they treat their employees like expendable drones -- grist for the mill and nothing more. If KKR is doing well, the good times don't trickle down to the folks who do the grunt work.

    Well, maybe it does. Perhaps they've added Hawaiian shirt Thursday to go along with jeans Friday.

  • Posted By: sms29s66 @ 06/12/2009 8:46:15 AM

    Nothing can replace the old 5&10 cent stores. I still remember having a quarter to spend and agonizing over which plastic toys made in Japan to purchase.

  • Posted By: wesmenno @ 06/12/2009 6:25:50 AM

    There was a void left by the old 5 and 10 stores like Murphy's and Woolworth, that's all.
    Good for them!
    They not only have good prices without fake markups followed by "sales", they have all kinds of useful items.

  • Posted By: YellowSS06 @ 06/12/2009 5:52:13 AM

    I don't see anything wrong with Dollar General. For things like pet food/litter, large quanities of name-brand garbage bags, toilet paper, shampoo, etc... nothing beats their prices. I don't go there for everything, but if I can save a few bucks on necessary items, I see no issue in shopping there. I don't know why someone would want to bad mouth it... Oh well, the prudish fat-cats and trust fund babies can lose money, while the Dollar General execs laugh in their faces.

Reply

Report Abuse

Enter comments if any for reporting abuse