Leminal Space

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Leminal Space is an instance of the social link aggregation and discussion platform Lemmy. It is completely free and open, and not controlled by any company. This means that there is no advertising, tracking, or secret algorithms. Content is organised into communities, so it is easy to subscribe to topics that you are interested in, and ignore others. Voting is used to bring the most interesting items to the top.

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  1. Bigotry will not be tolerated. This includes racism, sexism, ableism, homophobia or transphobia. Please also familiarise yourself with the Lemmy Code of Conduct.
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founded 1 year ago
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chrisbit
Kenneth
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Dollar General warns poorer US consumers are running out of money (www.ft.com)
 
 

Discount retailer says low-income households feel more ‘financially constrained’ than six months ago

Paywall removed: https://archive.is/SLMtR

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Dollar General warns poorer US consumers are running out of money (www.ft.com)
 
 

Discount retailer says low-income households feel more ‘financially constrained’ than six months ago

Paywall removed: https://archive.is/SLMtR

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Dollar General warns poorer US consumers are running out of money (www.ft.com)
submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]
37 comments fedilink
 
 

Discount retailer says low-income households feel more ‘financially constrained’ than six months ago

Paywall removed: https://archive.is/SLMtR

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Dollar General warns poorer US consumers are running out of money (www.ft.com)
 
 

Lower-income American households are running out of money at the end of every month, the discount retailer Dollar General said as it released dismal results that drove its shares down more than 30 per cent for their sharpest one-day drop on record.

The largest US dollar store chain, with more than 20,000 locations across 48 states, painted a bleak financial picture for many of its customers after years of inflation and the depletion of savings built up during the pandemic. Shrink, an industry byword for inventory losses that includes shoplifting, was also on the rise, it added.

Archive link -> https://archive.is/SLMtR

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