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Archive for December, 2010

The Rise Of The Dollar Stores

Monday, December 20th, 2010

Sheryl Huenster is a self proclaimed dollar store junkie. The Clifton mother of four makes the trek to various fixed price stores within a ten mile radius of her white clapboard home two or three times per week.

“I’m an addict. I admit it. I can’t go more than a week without visiting the stores, unless I’m on vacation. You better believe that when I go to the Jersey Shore I know where the all the stores are in the Toms River area,” she laughed.

Years after the close of Woolworth’s and other “Five and Dime” stores, dollar stores are filling the void by opening up around the country, but they seem almost ubiquitous to New Jersey. Many of the stores are operated by immigrants who have a knack for buying low priced goods overseas and having them shipped to the U.S. to sell for a dollar a piece. Like Woolworth’s, the dollar stores carry “sundry” items such as hair brushes, small picture frames, toothpaste, games, toys, etc., as well as harder to find items that the more upscale stores don’t carry.

Ice cube trays, magnets, gift bags, flags, paper, coffee mugs, staples, paint brushes, hand cream, eyeglass cases, candles, soap, are some of the things that Sheryl keeps an eye out for. “I found a baster yesterday for my Thanksgiving turkey. I use it just once then I toss it. It is far easier to replace a baster than trying to clean the darn thing!”

Elise Brookings of Wayne is another dollar store fan who visits her favorite store at least twice a week. “I go to the store on Hamburg Tpk. You have to go back often as the stock changes all the time; once an item is gone it is rarely seen again.” Elise navigates the store’s aisles with a shopping cart which is quickly filling with gift bags, wrapping paper and what she calls stocking stuffers. “Playing cards, figurines, books, these are some of the items my kids will find in their stocking this year. Most of the stocking stuffers will be things I find in this store; I’ll go to CVS for the candy, but for little else.”

Not all the stores prove to be successful. A store in Haledon and another one in Paterson have closed within the past year, while stores in neighboring towns have opened or expanded. Shoppers will tell you that it isn’t always the location, but the type of inventory carried.

Jan Chavez of Bloomfield is very selective in choosing which stores to visit. “I can tell almost immediately if a store will be a success or not. If they sell items I could get at the Giants Stadium flea market it won’t work out. Too common and not worth the dollar; I can find the same items discounted at my supermarket.” The diminutive woman with toddler in tow added, “When I visit dollar stores I want a real bargain. It should be something that would have sold for several times the amount originally or would still sell for much more than a dollar if sold elsewhere.”

Store manager Pava, who works at one of the area shops, said the reason that his store is so successful is that the store’s buyer travels throughout the Far East making purchases directly. It may seem odd to send a buyer so far away for items that sell for so little, however the store is making money and a quickly turning inventory is what keeps bringing the customers back.

Indeed, store owners count on shoppers like Sheryl and Elise who make multiple visits to sustain them. Pava added, “Nobody buys just one item, they buy in bulk. Just this morning a teacher came in and purchased 26 toys. She plans on giving them to each of her students for Christmas.”

If Sheryl, Elise, and Jan are the atypical customer, than Pava’s shop and those like his should be considered a raging success. Judging by the lines at the three open registers and the inventory on hand, his shop will probably be around for a long time. “We will be opening a second store next year in the Morristown area. It’ll be even larger than this one”, concluded Pava as he excused himself to go to a nearby counter to help wrap up glass dishes that were just purchased.

With a full parking lot and clerks constantly replenishing inventory, the successful dollar store will be an important part of the suburban scene for years to come. Woolworth’s may not only be gone, it may soon be forgotten.

This article originally appeared on Townstead.com, a defunct site managed by Matt Keegan. It was part of his “Life in New Jersey” series of articles.

How to Get the Most Exchange for your Timeshare Vacation Dollars

Monday, December 6th, 2010

Do you know how to avoid a Timeshare Vacation Trap?  Timeshares have become a very popular alternative for families wishing to spend quality time together during the various school holiday seasons, yet everyone has heard the horror stories of people getting trapped in a Timeshare dilemma.

You spend a lot of money to have fun with your family. No one wants to get stuck with a place they can not sell, and no longer wish to visit. To avoid this trap you first need to consider the reasons you want to buy a Timeshare.

Do you like to go to the same place every year? If you do then buying the exact week, in the exact apartment or lodge in your chosen resort is a fantastic idea. If going to the same place year after year sounds kind of boring, then perhaps you want to make use of an exchange company to visit different resorts and countries each and every year! There are over 5,000 resorts world wide to choose from. To most the concept of being able to explore different places around the world represents an ideal vacation alternative. Yet it’s not always possible to exchange the week that you own for the one that you want! Is there some way to better your odds?

The answer to this question is in fact yes, it is possible to better your odds. The key is in understanding how Timeshare exchanges work. The concept of the timeshare exchange is simple. You are swapping a weeks vacation in one place for a weeks vacation in another place. A like for like exchange. So how then do they measure to compare the value of one week to that of another week in a different place?

The answer is simple. It really comes down to supply versus demand. The most popular Timeshare units are the larger ones in the highest quality resorts. The most popular times to travel are during the busiest holiday seasons when schools are closed and universities are on break. To have the maximum trading power you would need to purchase the largest and highest quality Timeshare unit, for a week that falls in the busiest season that you can afford. You may not always get an equal trade on your unit, but you will most likely get a good quality unit during your requested time period.

Never consider a Timeshare as a “financial” investment. Do not be misled by salesmen’s figures and projections. The timeshare is an investment in lifestyle. It’s a way of having a five star vacation without having to own your own five-star-resort.