Speaker 1: Welcome to Part Time Genius, the production of iHeartRadio.
Speaker 2: Guess What Will? What's that Mango?
Speaker 1: So, if you're anything like me, you've probably noticed that
Speaker 1: there are a lot of different dollar store chains out there,
Speaker 1: Like pretty much everywhere you look, there's like a Dollar
Speaker 1: Tree or a Dollar General or a Family Dollar. There's
Speaker 1: a five below. I looked as up, there's a ninety
Speaker 1: nine cents only. I mean, it's just dollar stores all
Speaker 1: the way down.
Speaker 2: I feel, you know, I feel like maybe I haven't
Speaker 2: cataloged them quite as extensively as you have. I had
Speaker 2: forgotten this was one of your hobbies, but I will
Speaker 2: acknowledge there are a lot of them.
Speaker 1: So I looked into it this week, and it turns
Speaker 1: out that even though the stores seem the same, each
Speaker 1: brand actually targets a completely different market.
Speaker 2: So what does that mean? Exactly?
Speaker 1: Dollar General a friendly target's older customers in more rural areas,
Speaker 1: so they've intentionally built seventy five percent of their stores
Speaker 1: in small towns with fewer than twenty thousand people. And
Speaker 1: then on the opposite side, you've got things like five Below,
Speaker 1: and it's target demographic as teens and young adults. So
Speaker 1: you actually find those in suburban shopping malls.
Speaker 2: Actually, when you mentioned that the first time, I was
Speaker 2: I didn't remember that, But now that you say that,
Speaker 2: I can picture these being in shopping malls. So what
Speaker 2: about Dollar Tree and what was that you said? Family Dollar? Like,
Speaker 2: I know, I've seen both of those around. Who do
Speaker 2: they target?
Speaker 1: So what's weird is they're actually owned by the same company.
Speaker 1: Dollar Tree bought Family Dollar back in twenty fifteen for
Speaker 1: I believe it's nine billion individual dollars.
Speaker 2: Well, yeah, and a.
Speaker 1: Huge reason for that, bio was because Dollar Tree caters
Speaker 1: to middle income shoppers and Family Dollar goes after the
Speaker 1: lower income ones, and the company wanted both markets.
Speaker 2: Yeah, it's funny, but I feel like we do sort
Speaker 2: of treat these dollar chains interchangeably, like they're just kind
Speaker 2: of there. You really would never guess that behind the
Speaker 2: scenes they were playing this pretty intricate game with each other,
Speaker 2: like carving up the market in the way that they are.
Speaker 1: Yeah, there's actually way more going on with dollar stores
Speaker 1: than people might guess from you know, how they turn
Speaker 1: to profit, whether one dollar steaks are really a good
Speaker 1: deal after all? So why don't we dig in?
Speaker 2: Hey, their podcast listeners welcome to part time genius. I'm
Speaker 2: Will Pearson and as always I'm joined by my good
Speaker 2: friend mangesh Hot ticketter and on the other side of
Speaker 2: that soundproof glass testing out his latest fine from the
Speaker 2: dollar store. That's our friend and producer Loel Burlante. And
Speaker 2: what a fine this was. I mean, hold the box
Speaker 2: up again, Lull, I need to see it just a
Speaker 2: little bit higher. So it's basically a Nettie pot, except
Speaker 2: it's called a Yetti pot for some reason, and on
Speaker 2: the front called it a little bit closer. The front
Speaker 2: of the box shows a couple of what I presume
Speaker 2: are meant to be Yetti's wearying a teapot up its nose.
Speaker 2: It's kind of a weird, weirdge.
Speaker 1: At the time, but I would definitely pay two dollars
Speaker 1: for that, you know, twice twice as much. So I
Speaker 1: definitely want to talk about some of the other strange
Speaker 1: stuff that turns off, you know, at dollar stores. But
Speaker 1: why don't we start by getting a sense for just
Speaker 1: how big a success story dollar stores really are so
Speaker 1: they don't get a ton of respect. But in doing
Speaker 1: the research, Gate basically pointed out that they're kind of
Speaker 1: the unsung Kings of retail.
Speaker 2: Yeah. I don't know if this is true, but it
Speaker 2: feels like there are more dollar stores now than there
Speaker 2: were when we were growing up. It's definitely true.
Speaker 1: So dollar stores have been a fixture of American strip
Speaker 1: mall since the nineteen fifties, but one of their biggest
Speaker 1: booms came during the Great Recession of two thousand and seven,
Speaker 1: and as the economy declined, dollar store sales went way
Speaker 1: way up, and it resulted in this swell of like
Speaker 1: new stores opening up all over the country. But the
Speaker 1: really surprising part is that this popularity hasn't worn off
Speaker 1: like dollar stores just keep on thriving. And in fact,
Speaker 1: between two ten and twenty thirteen, the Family Dollar chain
Speaker 1: opened fifteen hundred new stores, which is more than one
Speaker 1: a day for four years in a row.
Speaker 2: Holy cow. And so I'm guessing insane. Yeah, I'm guessing
Speaker 2: it wasn't just a family Dollar doing this too. Yeah.
Speaker 1: So the other chains like Dollar Tree and Dollar General
Speaker 1: they were expanding too. Twenty thirteen ended up being this
Speaker 1: banner year for dollar stores, and in July of that year,
Speaker 1: so many new locations opened that it averaged out to
Speaker 1: one new store opening every six hours.
Speaker 2: All month long. That's interesting. It does feel like too
Speaker 2: many dollar stores, if we're being honest, So how many nights?
Speaker 2: You disagree strongly? So how many are we up to now?
Speaker 1: So all told, there are more than thirty thousand dollar
Speaker 1: stores in the US right now, and according to Forest,
Speaker 1: that's more locations than the six biggest US retailers put together.
Speaker 2: So that's like.
Speaker 1: Walmart, Walgreens, CBS, Costco, Kroger, and Home Depot that's on
Speaker 1: this list here. So you know, the wildest part is
Speaker 1: that analysts say new dollar stores will keep popping up
Speaker 1: like this for at least another three years before the
Speaker 1: demand levels out.
Speaker 2: You know, I'm guessing a good deal of that success
Speaker 2: is thanks to the strategy you were talking about at
Speaker 2: the beginning of the show, like the way dollar store
Speaker 2: brands tend to divvy up the market between themselves so
Speaker 2: together they've got a lock on really like every person
Speaker 2: who might potentially shop at a dollar store.
Speaker 1: That's right, And dollar stores really do have a much
Speaker 1: more mixed income clientele than you might guess, But that
Speaker 1: comes with some issues as well, Like one of the
Speaker 1: big concerns with having a high number of dollar stores
Speaker 1: is that the companies mostly target struggling communities when opening
Speaker 1: new locations, and as a result, a single small town
Speaker 1: or a city neighborhood can wind up with three or
Speaker 1: four different dollar stores but no actual grocery stores, which
Speaker 1: obviously is an ideal, since most dollar stores don't carry
Speaker 1: fresh fruits or vegetables or meats.
Speaker 2: All right, so dollar stores can and do contribute to
Speaker 2: the problem of what we call food deserts. But you're
Speaker 2: saying that high earners shop at dollar stores too.
Speaker 1: Yeah, and in much larger volume than you might expect.
Speaker 1: So according to this two thousand and six teen report
Speaker 1: from Reuters, twenty nine percent of millennial households earning more
Speaker 1: than one hundred thousand dollars per year say they shop
Speaker 1: at least one of the big three dollar chains. So
Speaker 1: all together, these choppers make up roughly, I guess, twenty
Speaker 1: five percent of the total sales from those three chains.
Speaker 2: And it's pretty.
Speaker 1: Shocking when you think about it, but it also makes
Speaker 1: sense since everyone you know likes a bargain.
Speaker 2: Yeah. Well, well, speaking of bargains, that was something I
Speaker 2: wondered about this week, Like, our dollar store price is
Speaker 2: actually a good deal, So of course we had to
Speaker 2: look into this, and it turns out that no, they're
Speaker 2: really not, or at least not always so. For example,
Speaker 2: dollar stores tend to sell milk in sixteen ounce bottles
Speaker 2: for one dollar each, which does sound like a steal,
Speaker 2: but at that rate, you're actually paying eight dollars for
Speaker 2: a full gallon.
Speaker 1: Which sounds like New York prices. Right, maybe don't shop
Speaker 1: for milk at dollar stores. But what about like the
Speaker 1: non perishable items, that kind of stuff like you wouldn't
Speaker 1: really see the same kind of markup.
Speaker 2: On, right, Well, it depends. I mean, you can end
Speaker 2: up with the same type of despair when you look
Speaker 2: at something like raisins or aluminum foil. Like. The trick
Speaker 2: in all of these cases is to offer familiar products
Speaker 2: in slightly smaller packages, so most shoppers don't spot the
Speaker 2: size differences or do an ounced ounce cost breakdown when
Speaker 2: they're in the aisle. But that said, there are some
Speaker 2: dollar store products that are generally solid deals, like toiletries
Speaker 2: paper goods, for example, and you can buy a roll
Speaker 2: of wrapping paper or a giant tub of cotton swabs
Speaker 2: for half the price that you would at a big
Speaker 2: buck store. So keep that in mind next time you're on.
Speaker 1: I love the idea of buying wrapping paper and just
Speaker 1: you know, putting it around cotton swabs, So I feel same.
Speaker 2: That makes a lot of sense to me. Yeah, well,
Speaker 2: there's another dollar store perk that I learned this week,
Speaker 2: because even though shopping at the dollar store may not
Speaker 2: always give you the most bang for your buck, it
Speaker 2: is a good way to satisfy your shopping craving on
Speaker 2: a budget. So if you're someone who enjoys going shopping,
Speaker 2: then you're probably familiar with the small rush of pleasure
Speaker 2: that comes from just making a purchase, and you can
Speaker 2: actually thank your brain for that. So whenever we anticipate
Speaker 2: a reward, which in this case would be buying something new,
Speaker 2: our brains respond by triggering this kick of dopamine. So
Speaker 2: for an average shopper, the more things you buy, the
Speaker 2: more dopamine levels.
Speaker 1: Rise, which you know, I guess is why some people
Speaker 1: become compulsive shoppers.
Speaker 2: Right, Yeah, that's exactly right. And so that's where dollar
Speaker 2: stores come in because for most people, the pleasure we
Speaker 2: get from shopping doesn't always scale with the amount of
Speaker 2: money we're spending, so instead it's that number of items
Speaker 2: that we might buy. So each one translates into its
Speaker 2: own little kick of dopamine. How the next time you
Speaker 2: feel the urge for a shopping spree, you might want
Speaker 2: ahead to your local dollar store because you can fill
Speaker 2: the basket on the cheap and still walk out feeling
Speaker 2: like a million bucks. I'm sure that's exactly how it
Speaker 2: would play out to all.
Speaker 1: Right, well, now that we've talked a little bit about
Speaker 1: who's shopping at dollar stores, let's look at some of
Speaker 1: the products that they're buying there.
Speaker 2: But first, a quick break.
Speaker 1: And.
Speaker 2: You're listening to part time Genius and we're talking about
Speaker 2: the best and worst deals to be had at the
Speaker 2: dollar store. Now, speaking of which, the time has come
Speaker 2: at last, Mango, we need to talk about the one
Speaker 2: dollar steaks.
Speaker 1: I love, like how offended you were by this, Like
Speaker 1: we were talking about this beforehand. It just feels ridiculous.
Speaker 1: And it's not like someone's actually going to force you
Speaker 1: to eat one of these.
Speaker 2: It's the principle of the thing, Mango. But I feel
Speaker 2: like we should back up a minute because some listeners
Speaker 2: out there might be a wee bit confused by all
Speaker 2: of this talk of a one dollar steak. So we
Speaker 2: mentioned earlier that dollar stores don't usually carry fresh foods,
Speaker 2: but a growing number of them do stock frozen foods
Speaker 2: now And one of the best or worst deals is
Speaker 2: the one dollar ribbi and the Dollar Tree freezer section.
Speaker 2: So these four ounce boneless beef steaks are sold pre
Speaker 2: season in a brine, and they're what's called the utili
Speaker 2: the cut I guess, which are the parts of the
Speaker 2: cow used in institutional kitchens. So the steaks Dollar Tree
Speaker 2: sells are sourced from a company called Stampede Meat Ink.
Speaker 2: I'm really jealous. I wish I had started a company
Speaker 2: called Stampede Meat Ink.
Speaker 1: It's like the worst new It sounds like they sell
Speaker 1: steaks made from cows. I got trampled by bigger cows.
Speaker 2: Well you never know, but if you're feeling adventurous, you
Speaker 2: can buy one of these one dollar stakes for yourself
Speaker 2: at any dollar Tree with a freezer section. And if
Speaker 2: you read the reviews online, a lot of people compare
Speaker 2: the meat to you know, say rubber, or maybe they
Speaker 2: just say it doesn't cook that well. So I'm really curious.
Speaker 1: Now, so did you find anyone who actually liked these
Speaker 1: one dollar sticks?
Speaker 2: I did find one positive review, but even then, the
Speaker 2: woman who actually bought the steak. She didn't like it,
Speaker 2: So why is that? Why is that a positive review? Well,
Speaker 2: because her dog apparently did love it, So to be fair,
Speaker 2: I did come across some surprisingly measured responses from actual humans. So,
Speaker 2: for example, in twowenty sixteen, a TV station in Cincinnati
Speaker 2: held a taste test for local firefighters. So they were
Speaker 2: asked to sample a butcher's cut, a supermarket cut, and
Speaker 2: of course the one dollar ribi. And the reactions were
Speaker 2: mixed among the firefighters you might expect, but some of
Speaker 2: the more positive views were it's not terrible and I
Speaker 2: guess it was meat. I guess interview.
Speaker 1: Okay, so here's another product you probably didn't know you
Speaker 1: could buy at the dollar store, or at least I
Speaker 1: didn't know you could buy it, And that's a home
Speaker 1: pregnancy test kit. But unlike those one dollar ribbis, these
Speaker 1: pregnancy kits are actually worth the money. In fact, the
Speaker 1: ones carried at a lot of I guess the dollar
Speaker 1: tree stores are the same kind used in most hospitals.
Speaker 2: Oh wow, I mean, maybe this is a bit unfair,
Speaker 2: but I'd be so hesitant to trust a one dollar
Speaker 2: pregnancy test. I mean, that feels so cheap for that purpose, Like,
Speaker 2: how could it actually be reliable?
Speaker 1: So I was wondering about this myself, and it turns
Speaker 1: out the tests are actually pretty reliable. And that's because
Speaker 1: most and tests are made to detect just one specific
Speaker 1: hormone that's produced during pregnancy. It's like a simple enough
Speaker 1: task that most kits can pull it off regardless of
Speaker 1: the price. But you know, that's not to say there
Speaker 1: aren't advantages to using a more expensive test. You know,
Speaker 1: they can often detect lower amounts of that same hormone
Speaker 1: earlier in the pregnancy, so you know, a Dollar Store
Speaker 1: kit might not show that the woman is pregnant until
Speaker 1: a little later in the pregnancy.
Speaker 2: I do love how the steak is super shady, but
Speaker 2: like the pregnancy test, we feel like they're so trustworthy.
Speaker 2: I guess it kind of balances each other out.
Speaker 1: Well. What's funny is that, like one of the other
Speaker 1: items that Dollar Tree carries that's supposedly like this hidden
Speaker 1: gem is their ovulation predictor. It actually has one of
Speaker 1: the highest product rankings of all the Dollar Tree items.
Speaker 1: I guess it's got four point six stars, and the
Speaker 1: customer reviews say it works just as well as the
Speaker 1: more expensive brands.
Speaker 2: I feel like we might just have to take their
Speaker 2: word for that, But for now, I thought we could
Speaker 2: switch gears and talk about something I've always wondered about,
Speaker 2: which is how dollar stores actually make money.
Speaker 1: I feel like it's just through something a lot of
Speaker 1: staate and pregnancy cuts.
Speaker 2: That's all there is. I mean, I guess that is true,
Speaker 2: but I meant more like, how do dollar stores turn
Speaker 2: a profit off of these, you know, really inexpensive products.
Speaker 2: But before we get into that, let's take one more
Speaker 2: quick break and welcome back to part time genius. All right, Mango,
Speaker 2: So another thing I was curious about this week is
Speaker 2: how dollar stores managed to turn profits off of you know,
Speaker 2: these really inexpensive items. Because I found some sales figures
Speaker 2: from a few years back, and I was shocked to
Speaker 2: see that Dollar Tree makes thirty five cents of profit
Speaker 2: for each dollar of revenue, compared to twenty four cents
Speaker 2: per dollar that you know, a place like Walmart makes, which.
Speaker 1: Is surprising because you always hear about how well Walmart
Speaker 1: negotiates down prices, you know, just because of all the
Speaker 1: volume they sell.
Speaker 2: Right, So it made me wonder like, is it just
Speaker 2: the high sales volume at a dollar store that helps
Speaker 2: make up for the low prices or is there more
Speaker 2: going on? And what I found is that while volume
Speaker 2: does play a huge part, a lot of what makes
Speaker 2: dollar stores profitable is that they have this no frills
Speaker 2: approach to the shopping experience. For instance, at a big
Speaker 2: box store like a Walmart, you're looking at nearly two
Speaker 2: hundred thousand square feet of shopping space. They're just enormous.
Speaker 2: But I meanwhile, the average Dollar general is just over
Speaker 2: seven thousand square feet. I guess that's a smaller box.
Speaker 2: It's a much smaller boxing. Maybe even if you're not
Speaker 2: good at math, like that is a much smaller boxing.
Speaker 2: Not only does the smaller footprint translate into lower leasing costs,
Speaker 2: it also means that the dollar stores don't need to
Speaker 2: hire as many workers. In fact, a typical dollar store
Speaker 2: staff is made up of just eight or nine people,
Speaker 2: while the average Walmart staff is closer to three hundred people.
Speaker 2: So all of this together helps keep down the overhead
Speaker 2: cost and that, along with the high volume of sales,
Speaker 2: is why dollar stores are some of the most profitable
Speaker 2: stores in the entire retail sector.
Speaker 1: You know, since we're talking about what sets dollar stores
Speaker 1: apart from their larger cousins. I do want to highlight
Speaker 1: what is probably my biggest beef with these, you know,
Speaker 1: quote dollar stores, which is that, you know, somewhere along
Speaker 1: the line, most dollar stores became dollar and up stores,
Speaker 1: like even ninety nine cents only stores now sell products
Speaker 1: for more than ninety nine cents. So now you can
Speaker 1: walk into dollar stores and find items that cost two,
Speaker 1: five and as much as ten dollars.
Speaker 2: Yeah, more like multi dollar stores, I guess, yeah, just
Speaker 2: like regular stores, which feels like borderline false advertising, but
Speaker 2: you know, it's become pretty accepted at this point. So
Speaker 2: none of the big dollar chains still charge just a dollar.
Speaker 1: We actually looked into this, and it seems that I
Speaker 1: guess the one dollar pricing has been Dollar Trees claim
Speaker 1: to fame for their entire existence. For the thirty three
Speaker 1: years it's been in business, the company has always stuck
Speaker 1: to its original policy. And you know that that's despite
Speaker 1: like inflation, despite growing competition, manufacturing costs, whatever, like, despite
Speaker 1: all of that, Dollar Tree execs have kind of stood
Speaker 1: by this one dollar policy for everything in their store.
Speaker 2: I'm guessing there's a butt coming to this.
Speaker 1: Yeah, So the company finally bowed to pressure from some
Speaker 1: of its investors recently, and according to a company statement
Speaker 1: made in March twenty nineteen, Dollar Tree has now begun
Speaker 1: testing additional price points in some of its stores. And
Speaker 1: you know, if the move boosts profits at the test stores,
Speaker 1: like the investors hope it'll do, then chances are will
Speaker 1: likely be seeing you know, dollar plus items in all
Speaker 1: their store shelves before the year's out.
Speaker 2: Yeah, So in other words, stock up on those one
Speaker 2: dollar ribis.
Speaker 1: Right, because you know, they could be three dollars ribis
Speaker 1: or whatever in the.
Speaker 2: Next few years. I mean, it is kind of sad though,
Speaker 2: like these may very well be the final days of
Speaker 2: the last true dollar store if you think about it. Yeah,
Speaker 2: it's the end of an era.
Speaker 1: But if you're looking for something that you can still
Speaker 1: get on the Super Chief, we've got a boatload of
Speaker 1: facts at very reasonable prices. So why don't we do
Speaker 1: the fact off? Okay, so we started the show talking
Speaker 1: about how dollar stores are pretty much everywhere these days,
Speaker 1: and it feels like one is never more than a
Speaker 1: few miles away at any given.
Speaker 2: Time, And it turns out that's actually true.
Speaker 1: So Dollar General has over fifteen thousand stores spread throughout
Speaker 1: forty four states, and according to the company, that means
Speaker 1: seventy five percent of the US population now lives within
Speaker 1: just five miles of one of its stores.
Speaker 2: All right, well, here's a quick one. So when you're
Speaker 2: in the big box stores, you really think of the
Speaker 2: tricks that they use to get people to go for
Speaker 2: the impulse buys or things like that, and actually dollar
Speaker 2: stores use many of the same tricks. So, for example,
Speaker 2: drug stores tend to put food and drinks up front
Speaker 2: to act as these impulse buys, but the actual pharmacies
Speaker 2: are tucked in the very back of the store, and
Speaker 2: dollar stores act under the same principle. So food and
Speaker 2: toys are stocked in the back of the store since
Speaker 2: they tend to be the most popular items, and seasonal
Speaker 2: impulse buys go right up front near the registers. So unfortunately,
Speaker 2: one place where dollar stores do different from larger stores
Speaker 2: is that they typically don't offer employee discounts, so unless
Speaker 2: a product is damaged or open on the shelf, employees
Speaker 2: have to pay the full dollar like everybody else.
Speaker 1: Well, paying full price is always a drag, but if
Speaker 1: you ask some dollar store employees, they'll tell you that
Speaker 1: the worst part of their job is having to deal
Speaker 1: with the dreaded Hot Wheels toy collectors. And that's actually
Speaker 1: not exclusive to dollar stores either, So over zealous hot
Speaker 1: Wheels fans are actually kind of the bane of any
Speaker 1: retail store that stocks them.
Speaker 2: Really, I don't get it. What's so bad about kids
Speaker 2: who collect toy cars?
Speaker 1: So nothing at all. It's actually the adults who collect
Speaker 1: toys that are the problem. And there's a big community
Speaker 1: of adult Hot Wheels fans out there, and they're kind
Speaker 1: of infamous for well, I mean, you can call it
Speaker 1: their dedication. So Metal Flow has had a piece last
Speaker 1: year where they spoke to a Dollar Tree manager named Nate,
Speaker 1: and according to him, these so called hot Wheels hunters
Speaker 1: will quote scour the Internet and find out when stores
Speaker 1: are getting shipments, then show up and demand I go
Speaker 1: to find the one box of hot Wheels out of
Speaker 1: two thousand other boxes so that they can be the
Speaker 1: first to buy them.
Speaker 2: I mean that does sound like a headache for the employees,
Speaker 2: especially if these guys are showing up like every week
Speaker 2: to do this.
Speaker 1: I mean, it's more of a nightmare than that they
Speaker 1: ferently show up every day in a lot of cases,
Speaker 1: and so the collectors who go to local stores every
Speaker 1: morning when it opens are actually have a name, and
Speaker 1: they go by the name door Warmers.
Speaker 2: All right. Well, still, that fact is a nice reminder
Speaker 2: that dollar stores do indeed stock and brand name products
Speaker 2: like hot wheels. But one thing you might not know
Speaker 2: is that some dollar stores even have their own in
Speaker 2: house or private label brands. And we usually think of
Speaker 2: these with the big box stores. But the most successful
Speaker 2: example is probably Dollar General's line of healthcare products, which
Speaker 2: the company sells under the brand name rex Al. So
Speaker 2: it's a strategy that's paid off for Dollar General too,
Speaker 2: like the Rexall brand now accounts for more than two
Speaker 2: hundred million dollars of the company's annual sales.
Speaker 1: Here's the weird one I found. So the founder of
Speaker 1: Walmart and one of the founders of Dollar Tree both
Speaker 1: got their start in business by running the same kind
Speaker 1: of chain store. These were called Ben Franklin stores, and
Speaker 1: some of the franchise stores are actually still around today.
Speaker 1: You can think of them kind of as the prototype
Speaker 1: to dollar stores. They had lots of different items like
Speaker 1: a general store, but sold at discount prices, and these
Speaker 1: dollar end up Ben Franklin stores turned out to be
Speaker 1: a great way for both Sam Walton and k. R.
Speaker 1: Perry to learn the ropes of retail, and after cutting
Speaker 1: their teeth as franchise owners, both men soon went on
Speaker 1: to establish successful chain stores of their own.
Speaker 2: So the guys behind the most successful big box chain
Speaker 2: and the most successful dollar store chain both started in
Speaker 2: the same place. That's pretty wild. Yeah, that is a
Speaker 2: weird coincidence. So I think you deserve the trophy this week,
Speaker 2: which I've subbed out for a one dollar ribi Mango,
Speaker 2: just to bring it home nicely done.
Speaker 1: I don't know if that feels like a victory exactly,
Speaker 1: having to take his own.
Speaker 2: No, it's a victory. Well, if you don't want it,
Speaker 2: low ead it, I'm sure sure. All right, Well that's
Speaker 2: going to do it for today's Part Time Genius for myself, Mango, Gabe,
Speaker 2: and loll Thank thanks so much for listening. We'll be
Speaker 2: back soon with another episode. Part Time Genius is a
Speaker 2: production of iHeartRadio. For more podcasts from iHeartRadio, visit the
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Speaker 2: favorite show.