Dollar General has been in business since 1939, and the company has been selling penny items ever since. In order to continue selling penny items, Dollar General has to adhere to certain regulations set by the Federal Trade Commission.
The regulations state that a company can only sell penny items for a total of 10 percent of their total inventory. Dollar General has a total inventory of $47 billion, so it would be impossible for the company to sell penny items for more than $470 million. .
Despite these regulations, some consumers feel that Dollar General should sell penny items at a higher percentage of its inventory. Some argue that the company could make more money by selling penny items at a higher percentage of its inventory, and that the company would be able to attract more customers by doing so.
Others argue that selling penny items at a higher percentage of its inventory would make the store less accessible to low-income consumers, who would then be unable to afford to shop at the store.
Ultimately, it is up to Dollar General to decide how much penny items it will sell in its inventory. Dollar General has stated that it will continue to sell penny items at the current percentage of its inventory, but it is ultimately up to the company to make this decision.
