Lower-income American households are running out of money at the end of every month, the discount retailer Dollar General said as it released dismal results that drove its shares down more than 30 per cent for their sharpest one-day drop on record.
When the American economy is too rough for Dollar General…
I used to live in a community where the closest shelf stable food was about 2 miles of unwalkable highway to get to a “store” that just had cans of beans, frozen pizzas, cigarettes, soda and ketchup/mustard bottles. everything was at 200% markup over the Walmart 40 minutes away, over the ridge by way of a sketchy ass logging road.
a dollar general was under construction when I left that was just 3 miles down the road along a more normal, well maintained highway and honestly a lot of people were excited by the prospect. granted, almost every household gardened and canned so there were roadside stands and an active barter system for fresh produce, so it wasn’t exactly a food desert but poverty and material insecurity was pervasive. with the coming of the Dollar General, now you could buy pet food and a phone charger without spending 2 hours on the road burning fuel or inviting death when the mountain roads were icy in winter.
people knew it would fuck them over as all big merchants in the area did, but it was a dire enough scenario that it was preferable to the status quo.
I remember when I found out I was unironically like, “damn, we are moving up in this world.”