this post was submitted on 29 Aug 2024
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Economics

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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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[–] Kaiyoto 1 points 3 months ago

Idk but when I lived in a big city, I was always like "why do people shop at Family Dollar?" but there were several alternatives close by in the area.

Now I live in a rural area and Family Dollars are everywhere. They're still over priced here, but the difference between the cost of their product and Walmart's product is much smaller then back in a big city. And in some places in this rural area they are a hell of a lot closer than a standard grocery store which is half an hour away. I still avoid Family Dollar whenever possible, but sometimes it makes more sense to grab one or two things there instead of going all the way into town.