Alongside Walmart and Dollar Tree, value-oriented chain Dollar General just posted one of its strongest quarters in years. And just as with those other retailers, the results point to a consumer economy under significant strain.
The discount giant on Thursday reported almost 5% sales growth to almost $11 billion, with same-store sales up 2.5%. This kind of trade-down activity, which sees shoppers moving from middle-of-the-price-point chains to more value-oriented stores, is often ****** ociated with economic downturns.
In other words, Dollar General's quarter shows that Americans are still b