Dollar stores move up after a Citi analysis says they should benefit from a focus on trade-down...

|About: Dollar General Corporation (DG)|By:, SA News Editor
Dollar stores move up after a Citi analysis says they should benefit from a focus on trade-down customers at the onset of another recession. Dollar stores are seeing wealthier shoppers: Customers making $70K-plus are the fastest growing segment at Dollar General (DG +1.6%), and average household income at Family Dollar (FDO +4.1%) is double from a decade ago.