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Brits aren't cheap.
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Clinically Insane
Join Date: Jul 2005
Location: Vacation.
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http://www.dailymail.co.uk/news/arti...pens-road.html
A pound shop has been put out of business - by a rival 99 pence store.
Thrifty shoppers began bypassing Pound World when the competitive shop opened directly opposite.
It is thought people struggling to beat the credit crunch would rather save just one penny by shopping in 99p Stores.
Pound World bosses claim the rush across the high street has got so bad that the shop has seen a 70 per cent drop in turnover.
They have now been forced to close the discount store in Poole, Dorset, due to the nosedive in takings.
Jamie Lang, area manager of Pound World, said the shop's turnover had been stable since the store opened in June last year.
But takings began to tumble when 99p Stores opened across the road just weeks ago - undercutting their prices by just one penny.
Mr Lang said: 'It's amazing that we are having to close because of a 99 pence store.
'But people will go wherever they can get what they need at the cheapest price - even if the difference is just one penny.'
Hussein Lalani, commercial director for 99p Stores, blamed the poor economic climate for the unfortunate situation.
He said: 'We never try to directly affect anyone but it's all healthy competition.
'With tight pockets and wallets these days, there is a lot of competition for the pound on the high street'.
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Been inclined to wander... off the beaten track.
That's where there's thunder... and the wind shouts back.
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formerly crazyreaper
Senior User
Join Date: Jul 2007
Location: York, UK
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LMAO! funniest thing ive read in a long time, i would have to have walked down that shop in Poole and seen a 99p shop opposite a £1 shop
whats even stranger is that Poole is full of rich people who could probably say 'keep the change' when shopping in the 99p store
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The Spammer Formally Known As Crazyreaper
Mac Book Pro 15", 2.66 Ghz C2D, 4GB DDR3 / iPhone 4 16GB
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Posting Junkie
Join Date: Jun 2001
Location: Washington DC
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Whoever thought to open that 99p store is freaking brilliant...
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Posting Junkie
Join Date: Jun 2002
Location: Calgary
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Originally Posted by nonhuman 
Whoever thought to open that 99p store is freaking brilliant...
Until the 98p store shows up
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Mac Elite
Join Date: Jan 2001
Location: Maysville, NC
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We have Dollar General, Family Dollar, and Dollar Tree stores around here like the plaque. Never been in one.
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Senior User
Join Date: Aug 2000
Location: A crappy place in Canada
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From the article's comments; "I dont give the 99p shop much chance of survival, I'm opening a 98p shop next store".
Edit: Wiskedjak beat me to it. That's what I get for trying to watch TCM while responding.
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"Why did this thread cross the line? Because its **** got stuck in a chicken." - Demonhood
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Senior User
Join Date: Aug 2000
Location: A crappy place in Canada
Status:
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Originally Posted by ctt1wbw
We have Dollar General, Family Dollar, and Dollar Tree stores around here like the plaque. Never been in one.
A conscientiously applied program of regular dental care will take care of that problem.
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Mac Elite
Join Date: Jan 2001
Location: Maysville, NC
Status:
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I brush on Friday. It ain't Friday yet.
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Clinically Insane
Join Date: Dec 1999
Status:
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Just the other day I saw a $1.25 store. I was thinking it was a $.99 store that adjusted for inflation.
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"…I contend that we are both atheists. I just believe in one fewer god than
you do. When you understand why you dismiss all the other possible gods,
you will understand why I dismiss yours." - Stephen F. Roberts
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Professional Poster
Join Date: Jun 2002
Location: Minneapolis, MN
Status:
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I know, I tried to buy one the other day and it was like $40,000! Thai wives are much cheaper.
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"That's Mama Luigi to you, Mario!" *wheeze*
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Banned
Join Date: Jun 2005
Location: Indy.
Status:
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Of course this is not taking into account the customer service, product offerings, or marketing of either store.
I went into a dollar store once. Once.
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Mac Elite
Join Date: Jan 2001
Location: Maysville, NC
Status:
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Originally Posted by olePigeon
Just the other day I saw a $1.25 store. I was thinking it was a $.99 store that adjusted for inflation.
That's where Daffy got his buck and a quarter quarterstaff.
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Professional Poster
Join Date: Apr 2001
Location: Hong Kong
Status:
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hawt?! no 98p-store retaliation???
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Clinically Insane
Join Date: Jul 2005
Location: Vacation.
Status:
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Originally Posted by Railroader
I went into a dollar store once. Once.
I went into a pound store once. Got dragged in by a cheap girlfriend.
Signs all over the place saying "everything £1".
She found something useful. Went to the checkout. Checkout girl turns to her manager, holds up said item and says "how much is this?".
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Been inclined to wander... off the beaten track.
That's where there's thunder... and the wind shouts back.
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Moderator  Join Date: Mar 2004
Location: Copenhagen
Status:
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Originally Posted by Railroader
Of course this is not taking into account the customer service, product offerings, or marketing of either store.
I went into a dollar store once. Once.
I love dollar/pound stores (they’re called Tiger stores here, a pun on tier = a tenner, which is about a pound). They’re quaint and have funny little doodads.
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Mac Elite
Join Date: Jan 2001
Location: Maysville, NC
Status:
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Rolling paper? 
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Senior User
Join Date: Aug 2007
Location: U.K.
Status:
Offline
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Yawn .........
Some facts might help !
It wasn't the 99p price that won, it was the fact they were selling more items per 99p than the £1 shop were selling for £1.
ie 2 bottles of Pepsi for £1, or 3 for 99p.
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iMac Intel Core i5, 2.5GHz, 4GB RAM, 500GB 21.5" Monitor 10.7.4.
iMac 17" 2.0ghz Intel Core 2 Duo w 3gb memory (White one) 10.6.8.
Internal 500gb / 160gb plus External 500gb x 2 (2x Time Machine)
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Clinically Insane
Join Date: Jul 2005
Location: Vacation.
Status:
Offline
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Originally Posted by MacNNUK
Yawn .........
Some facts might help !
It wasn't the 99p price that won, it was the fact they were selling more items per 99p than the £1 shop were selling for £1.
ie 2 bottles of Pepsi for £1, or 3 for 99p.
Source please.
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Been inclined to wander... off the beaten track.
That's where there's thunder... and the wind shouts back.
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Senior User
Join Date: Aug 2007
Location: U.K.
Status:
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Originally Posted by Doofy
Source please.
TV report
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iMac Intel Core i5, 2.5GHz, 4GB RAM, 500GB 21.5" Monitor 10.7.4.
iMac 17" 2.0ghz Intel Core 2 Duo w 3gb memory (White one) 10.6.8.
Internal 500gb / 160gb plus External 500gb x 2 (2x Time Machine)
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