Losing Loopy's: Dollar store chain closing its last Moorhead store
Moorhead - The last Loopy’s Dollar Store in Moorhead closed its doors for good this week.
Q: When did you start doing business in Moorhead?
A: About 12 years ago. The first store opened at 824 30th Ave. S., and the second store opened at 110 11th St. S., a few years later. We closed that first store about two years ago.
Q: What was behind your decision to close your remaining store?
A: It wasn’t making money.
Q: How many people worked there?
A: At one time, as many as 12 – three full time and the rest part time. When the store closed, it had seven employees.
Q: What happened? Did the effects of the recession play a part in why you closed the store?
A: That definitely hurt. People would walk into the store with a limit of how much they would spend, maybe $8. They wouldn’t spend more.
Q: How has your company changed over the years?
A: We had 13 stores. Now we have eight.
Q: How are those remaining stores doing?
A: They seem to be doing fine.
They are mostly in southwest Minnesota and mostly in smaller towns, 3,000-5,000 people.
Q: Why do think they are doing better?
A: In smaller communities they might be the only store in town, or even the county.
Q: Who started your company and why was it called Loopy’s?
A: My father, Gary Ploeger.
Loopy is a Spanish cartoon character my dad heard about while visiting Spain. He thought it would be a good name for a store.