Sign of hope or worry? When the dollar store comes to town
Christian Science Monitor
1 hr ago Do dollar stores, which now outnumber McDonald’s restaurants, provide hope for low-income areas hungry for retail? Or is their arrival a symptom that a town is failing? On a “mission to save my neighborhood,†Burnell Cotlon, an Army veteran, built his Lower 9th Ward Market literally by hand, shingle by shingle.
Today, his counter wall features cameo shots with Mark Zuckerberg. The launderette out back was donated by Ellen DeGeneres. There are shiny apples and $4.50 pork chop plates. His grocery store is seen as an oasis.
But Mr. Cotlon’s gambit to help revive a stagnant Lower 9th Ward faces a new challenge: the Dollar General down the street.
A boom in dollar stores across the United States since the Great Recession – three open every day on average – has provided both hope and despair in communities struggling for economic footholds.
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http://www.msn.com/en-us/money/companies/sign-of-hope-or-worry-when-the-dollar-store-comes-to-town/ar-BBUy0rR?ocid=ientp
