Who said a slow economy helps discount stores?
We all know that the economy is slow if not in a Recession. Many experts say that in 'tough' times, discount chains and stores do well. Makes sense to me. I know that my shopping habits have changed quite a bit. Surprisingly, the Family Dollar store...one of North Carolina's largest retailers...is reporting a 30% drop in net income. Now that's not to say they are in trouble...but it's a bit strange that they are not posting an increase. It should be interesting to see if the other 'dollar' stores are going to post the same decreases.
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