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Article: The buck stops at the Real Dollar Store
- Article from:
- Quad - State Business Journal
- Article date:
- May 1, 1998
- Author:
CopyrightCopyright News for Business, Inc. May 01, 1998. Provided by ProQuest LLC. (Hide copyright information)
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If you run a self-service retail business that does annual sales of over $300 a square foot without advertising, the profit margins have to be pretty good, even it you're selling everything for one dollar or less.
That's what Bob Clay and wife Sherry, the co-owners of the new My Dollar Store in Charles Town expect it to do in several years, based on the results of their other store, the Clinton Dollar Store.
The new store is located in the Jefferson Crossing Shopping Center near the Charles Town Races. "We carry a little bit of everything; we're a variety dollar store," said Bob Clay, who was born and raised in Ranson, but now lives in the D.C. suburb of Clinton, Md. "When we first opened ...