08-18-2013, 11:17 AM
That was a good article. I read a similar one on TGT and it pretty much said they were in the same boat with more upscale shoppers. I looked for it but can't remember where I read it.
All in all it sounds like that unless you're rich, many people are going to be spending a little less and continue to struggle. Some areas of the country will be better than others but when money is tight everyone cuts back a little.
I looked at the dollar stores a couple years ago and thought FDO was worthy, but I never bought it. At a glance it looks like they moved the dividend right along.
My largest holding is WAG, I wonder how they fit into the glum retail outlook?
All in all it sounds like that unless you're rich, many people are going to be spending a little less and continue to struggle. Some areas of the country will be better than others but when money is tight everyone cuts back a little.
I looked at the dollar stores a couple years ago and thought FDO was worthy, but I never bought it. At a glance it looks like they moved the dividend right along.
My largest holding is WAG, I wonder how they fit into the glum retail outlook?