Make Cents? Walmart to Mirror Dollar Store Model

Updated

Dollar stores like Family Dollar and 99-cent Only Stores have become so profitable that they're being offered billion dollar buyouts. These stores, along with Dollar Tree and Dollar General, have consistently out-performed many other stores, including retail Goliath, Walmart, whose profits have been declining for the past seven quarters in a row.

It's no wonder then that Walmart is making a bid to win back customers complaining of long lines and poor service by mirroring the dollar store model.

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