Increasing numbers of Americans can no longer afford to shop at Walmart

From a recent NPR article about the battle between Walmart and Target:

In a sign of just how much the economy is hurting its traditional customer base, Walmart finds itself going head-to-head with Target for middle-income customers just as its lower-income clientele is being lured away by an even cheaper option — the dollar store.

“If you go to the dollar stores, they’ve done a much better job of offering food to the consumers,” [Wall Street analyst, Brian] Sozzi said, adding that a lot of people who used to shop at Walmart “don’t have the money” to shop there anymore.

Advertisements

About Guy N. Texas

Guy N. Texas is the pen name of a lawyer living in Dallas, who is now a liberal. He was once conservative, but this word has so morphed in meaning that he can no longer call himself that in good conscience. Guy has no political aspirations. He speaks only for himself.
This entry was posted in Economics, Government social programs, News, Politics. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s