finance

Dollar General shares drop 26%, marking the steepest intraday decline in its history. The CEO says core customers are "financially constrained"

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Thought they were hard pivoting to sell more fresh foods or something … would imagine anything that allows customers to use SNAP benefits would make sense.

Currently seeing the barbell consumers.

Those with wealth spending, and those who receive gov’t support spending what they received.

Also can’t recall where DG is with real estate exposure and corp debt.

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

Not surprising.  Imagine they would be better served sticking to long shelf life fruit and veg - apples, carrots, onions, potatoes, etc.

Our dollar general got a bunch of "fresh" vegetables about a year ago, you couldn't pay me to buy produce there it's always rotten