this post was submitted on 29 Aug 2024
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Economics

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Dollar General shares crater 20% as retailer cuts outlook, blaming 'financially constrained' customers (www.cnbc.com)
submitted 2 years ago by MicroWave@lemmy.world to c/economics@lemmy.world
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Dollar General shares tumbled on Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.

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[–] WordBox@lemmy.world 5 points 2 years ago

Food deserts aside idk how the hell these even gain hold. They're always more expensive than anything other than gas stations and pharmacies. They're inconvenient AF with one staff person doing everything. They're almost worse for local economies than Walmart was/is... But they can kill Smaller economies.