Is the low-price retail space getting a bit too crowded with consumers starting to broaden out...
Friday, August 31, 2012, 10:32 AM ETIs the low-price retail space getting a bit too crowded with consumers starting to broaden out their spending? Shares of Gordmans Stores (GMAN -19.4%) are getting crushed after the retailer guided estimates for Q3 revenue and EPS to below the consensus mark of analysts, while yesterday it was Fred's (FRED) that was the value-oriented name that disappointed with its August sales report. On watch: Dollar General (DG), Family Dollar Stores (FDO), Five Below (FIVE), Dollar Tree (DLTR).
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