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Do grocery stores face a new challenger? A of couple items from Family Dollar's (FDO +4.2%)...

Do grocery stores face a new challenger? A of couple items from Family Dollar's (FDO +4.2%) earnings conference call (webcast) indicate consumers seem to be increasingly opting to shop at discounters for food items. The company reports that sales of food items were up over 10% Y/Y with its private labels outpacing national brands. Watching the trend: SVU, KR, SWY, WINN
Comments (1)
  • june1234
    , contributor
    Comments (3121) | Send Message
     
    that's what consumers always do in a recovery, increase their shopping at discounters,trillions of $$ later.
    3 Oct 2012, 10:50 AM Reply Like
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